Freight company

Most commonly they have a vast network and access to a library of freight carriers and search for the right availability based on customer specifications.

The proliferation of freight brokers called for an increase in financial integrity and liability of these companies, which has led to the passing of the Moving Ahead for Progress in the 21st Century Act (MAP-21).

[3] Prior to June 2012 when the bill was signed by President Obama, the surety bond coverage required to hold a broker license was $10,000.

Existing freight brokers with a USDOT, MC, or FF number could continue to do business until April 14, 2017 before they must switch to the electronic online URS system.

[citation needed] A recent trend is for freight brokers to specialize in offering automated platforms to shippers so that they can tender their own loads.

Many guidelines, most under the Federal Motor Carrier Safety Administration's SAFER System,[5] are available to freight brokers to screen potential carrier safety and, if it is proven that the broker did not utilize these government provided tools, liability can be transferred to or shared with them in the result of an injury accident.