Surety Bond - Wikipedia
A surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation. ... Read Article
Transportation of property by motor carrier on behalf of a motor carrier, consignor or consignee, and sufficiently controls the transportation of the commodities to be tendered to carrier under this agreement. 2. Contract Carrier is a motor carrier of property duly authorized by the STB under Permit No. ... Doc Viewer
Short Form Motor Carrier-Broker Model Agreement
The purpose of this Agreement is to specify the terms and conditions under which Broker will engage Carrier to perform motor contract carriage and related services for Shippers (the “Services”), and under which Carrier will render those Services. ... Access Doc
SHIPPER/BROKER TRANSPORTATION AGREEMENT
WHEREAS BROKER is licensed as a Property Broker by the Federal Motor Carrier Safety Administration (FMCSA) in Docket Number MC-321007 or by appropriate State agencies, and as a licensed broker, arranges for freight transportation by utilizing railroads and actual motor carriers. ... Access Document
Frequently Asked Questions (FAQ) - Federal Motor Carrier ...
You can file for the following operating authorities with the OP-1 Application For Motor Property Carrier and Broker Authority: Motor Common Carrier of Property except Household Goods; Frequently Asked Questions (FAQ) - Federal Motor Carrier Safety Administration. ... Access Doc
FMCSA Form OP-1
Depending upon the type of business operation (Motor Carrier, Broker, Freight Forwarder, Shipper, Vehicle Registrant, and/or Cargo Tank Facility) and what will be transported (property, hazardous materials, and/or passengers), companies may be required to register ... Retrieve Here
1.1 Representations. Carrier represents and warrants that it is duly registered with FMCSA as a for-hire motor carrier of property in interstate commerce pursuant to 49 U.S.C. § 13902. Broker represents and warrants that it is duly registered with FMCSA as a property transportation broker pursuant to 49 U.S.C. § 13904. ... Access This Document
Customers Now Jointly Liable With Port Trucking Companies For Certain Labor Violations In California
One of the bills signed into law by California Governor Edmund G. Brown from the most recent legislative session aims to hold customers accountable when hiring trucking companies that have a ... Read News
CheckFreightBroker.com: 10,000+ Freight Broker Credit Reports ...
CheckFreightBroker.com provides unlimited free freight broker credit reports to all owner-operators and motor carriers with an active MC authority. What makes CheckFreightBroker.com unique? ... View Video
The Carrier Must Get Paid—F Or F - Transportation Attorney
The Carrier Must Get Paid In Jones Motor Co. v. Teledyne,9 the court found the ship-per liable in that situation. There, the court held that a bill of lading marked both “prepaid” and “non- applicable to a broker when it seeks to ... Read Content
BROKER - CARRIER AGREEMENT - PGL Logistics
CARRIER’s status as a motor carrier. E. Will not re-broker, assign or interline the shipments hereunder, without prior written consent of BROKER. If CARRIER breaches this provision, BROKER shall have the right of paying the monies it owes CARRIER directly to the delivering carrier, in lieu of payment to CARRIER. Upon BROKER’s ... View This Document
What Is A Moving broker? | Instructional Video - YouTube
Never heard of a moving broker? Moving brokers arrange moves by connecting you with a motor carrier to transport your belongings. Watch this video to learn more about how a moving broker works ... View Video
BROKER LIABILITY IN TRUCK ACCIDENT CASES
Obligations and liability of a broker and motor carrier are different, Lund is trying to choose a label convenient to its defense. Unlike a broker, a motor carrier is vicariously liable for the negligence of any motor carrier (sub-hauler) it hires. Because they both ... Doc Retrieval
Shipper / Broker Agreement - Crowley Maritime
Broker functions as an independent entity, and not as a carrier, in selling, negotiating, providing or arranging for transportation by motor carrier and other modes for compensation. Broker shall perform its services as an independent contractor and not as an employee or agent of Shipper. ... Retrieve Document
Marine Insurance - Wikipedia
Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport or cargo by which the property is transferred, This policy may be purchased by a carrier, freight broker, or shipper, as coverage for the shipper’s goods. ... Read Article
Form BMC-84 - Lance Surety Bonds
Cancel this bond by written notice to the Federal Motor Carrier Safety Administration at its office in Washington, DC, such cancellation to become effective thirty (30) days after actual receipt of said notice by the FMCSA on the prescribed Form BMC-36, Notice of Cancellation Motor Carrier and Broker Surety Bond. ... Read Full Source
CON-WAY MULTIMODAL INC. MASTER BROKER/MOTOR CARRIER AGREEMENT
CMM CMM Master Broker-Carrier TC Page - 3 - of 7 5.2 Contract Carriage. All Carrier Services performed by Carrier pursuant to this Agreement shall be as a motor carrier of property in interstate or foreign commerce and shall be rendered as contract carriage within the meaning of 49 U.S.C. §§ 13102(4)(B) and 14101(b). ... Retrieve Content
Dear Carrier, Broker Or 3PL: Motor Carrier, Broker Or 3PL ...
MOTOR CARRIER, BROKER AND 3PL QUALIFICATION SURVEY J. R. Simplot Company requires all motor carriers, brokers and 3PL’s to provide the information requested below in order to be approved to haul for the Company. The information determines if a carrier, broker or 3PL’s meets the minimum ... Visit Document
Co-Broker Agreement - Warwick Enterprises Inc.
BROKER B shall pay the motor carrier(s) as required under its written contract(s) with such carrier(s) regardless of whether BROKER A timely pays BROKER B. In the event that payments to carrier(s) are not made in accordance with the payment terms of the BROKER B/carrier agreement(s), and the carrier is in compliance with that ... Content Retrieval
Instructions For Completing Form OP-1
Depending upon the type of business operation (Motor Carrier, Broker, Freight Forwarder, Shipper, Vehicle Registrant, and/or Cargo Tank Facility) and what will be transported (property, hazardous materials, and/or passengers), companies may be required ... Document Viewer
D. Agrees that a Shipper’s insertion of BROKER’s name as the carrier on a bill of lading shall be for the Shipper’s convenience only and shall not change BROKER’s status as a property broker nor CARRIER’s status as a motor carrier. E. Will not re-broker, co-broker, subcontract, assign, interline, pass off, or hand off the ... Doc Retrieval
Third Party Contract Issues Concerning Motor Carriers ...
For instance, a broker is defined as a person, other than a motor carrier or an employee or agent of a motor carrier, that as a principal or agent sells, offers for sale, negotiates for, or holds itself out by solicitation, advertisement, or otherwise as selling, providing, or arranging for, transportation by motor carrier for compensation.3 ... Content Retrieval
General Transystems Global, Inc. BROKER-MOTOR CARRIER AGREEMENT
Regulations. CARRIER shall be liable to BROKER for any penalties, or any other liability, imposed on or assumed by BROKER due to penalties imposed on BROKER’s customer because of CARRIER's use of non-compliant equipment. d. CARRIER represents and warrants to BROKER that CARRIER will be in compliance with 49 C.F.R. ... Fetch Full Source
Markel Corporation - Wikipedia
Markel Corporation is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930, Markel reports its ongoing underwriting operations in three segments, and products originate from four insurance divisions and one reinsurance division. ... Read Article
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