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Yes, a broker can withhold freight payment from a carrier due to a claim, particularly if there are unresolved issues related to the shipment, such as damage or loss. This withholding is often part of the broker's contractual rights to ensure that claims are adequately addressed before final payment is made. However, the specifics can depend on the terms outlined in the brokerage agreement and applicable laws. It's important for both parties to communicate clearly and resolve any claims promptly to avoid disputes.
What else can I help you with?
What documents does a freight broker need from the carrier?
Before you haul freight for them ...company info including mc and dot number , w9, insurance certificate of liability showing them as the certificate holder, most will get you to sign a freight broker agreement.After you haul for them a signed bill of lading with no exceptions such as freight short or damaged in order to get paid.
Would a Freight broker carry insurance and what is the cost?
freight broker insurance what does it cost
What is average salary of freight broker?
The average salary for a freight broker in the United States is $39,000.
Where are some freight broker schools in the state of Florida?
1.DOTAuthority.com - Freight Broker Services www.dotauthority.com/broker_training.htm 2.Freight Broker Classes and Courses Overview education-portal.com/freight_broker_classes.html
Can a freight broker move international cargo?
The broker doesn't actually move it themselves - they contract third party companies to do it. A freight broker can broker international shipments, but they need the appropriate ISO certification to do this.
What does a freight broker do?
A freight broker is essentially an individual or a company that arranges and coordinates shipping services between businesses and freight carriers. Freight brokerage companies work with hundreds of freight carriers to setup the proper shipping methods and transportation services for individuals or businesses. Using a freight broker usually saves money and streamlines the shipping process.
How do you become a freight broker?
You will need to complete the following forms or processes:OP-1 (Motor Property Carrier and Broker Authority, $300.00 per authority)BOC-3 Designate a Process agent.BMC-85 Surety Bond--$10,000, or BMC-84 Trust Fund Agreement--$10,000You need Insurance, Dispatch Software, PC Miler. You can work as Freight Broker Agent with out MC Number.There are several things you'll need to become a truck broker. You'll need a Broker's Authority, a Surety Bond or Trust Fund, and you'll need to file a Unified Carrier Registration.
What is the freight class for flUORESCENT lamps?
Fluorescent lamps are typically classified as class 100, which is assigned to clean and non-fragile goods like electronics. However, the exact freight class may vary depending on the specific size and weight of the shipment. It is recommended to confirm the freight class with the shipping carrier or freight broker.
How can my trucking company haul for Lowe's?
As a dedicated carrier for Lowe's? Not going to happen. Lowe's freight deliveries are arranged through a broker - they don't contract trucking companies directly.
If freight was damaged in transit and the motor carrier is not at fault because it followed the rules and instructions of the freight broker can motor carrier expenses be recovered?
Unless it was an "Act of God" like a comet falling on the truck, someone must be responsible for the damage to your stuff. If the motor carrier issued inappropriate orders - it is responsible. If the motor carrier ignored those orders or carried them out incorrectly, it is liable. So, it seems to be a 'he says/she says' deal and a lawyer should get involved. However, someone, carrier or broker, usually both, carries insurance for this kind of mishap and that's another approach to try. PS. Don't take the carrier's word that he only followed orders and is not responsible.
Is carrier liable when destination of freight changes en-route and broker will not negotiate a rate change?
No. The carrier only contracted to transport the item - nothing else. They are not liable for any other factors except the safe arrival of the item. Your problem is with the shipper or the broker who arranged the shipment. Check your contract, odds are that you will find this item addressed somehere in the "boilerplate" language.
How long does it takes new freight broker to get business off ground?
A freight broker license takes around 3-4 weeks to become active.
