In the United States, freight broker surety bonds are required by the Federal Motor Carrier Safety Administration (FMCSA) to move property such as household goods or freight and motor cargo (vehicles).
In the 1970s, the bond amount was increased to $10,000 and was not changed until June 29, 2012, when Congress passed the Moving Ahead for Progress in the 21st Century Act (MAP-21).
According to FMCSA, there had been too many cases where shippers and carriers had been delayed (or entirely denied) payment so the bond increase was necessary.
One of the strongest objections to the changes came from the Association of Independent Property Brokers & Agents (AIBPA).
[citation needed] Kevin Reid, who was CEO of The National Association for Minority Truckers, also objected, saying it was an "unreasonable barrier to entry for would-be entrepreneurs".