Freight broker

BondExchange Lowers Rates on Freight Broker Bonds Economic turbulence coupled with a surge in fraudulent activities has led to fewer insurance companies willing to offer the Freight Broker Bond and higher bond premiums for freight brokers. In response to these challenges, BondExchange is actually lowering rates and expanding capacity for freight brokers through ongoing enhancements …

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A Solution for Hard-to-Place Freight Broker Bonds The third largest provider of Freight Broker Bonds just exited the market, becoming the sixth carrier to cease writing BMC-84 bonds in the past year.   The market for Freight Broker Bonds has been decimated by a punishing economic cycle and a surge of criminal fraud, and if …

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