Broker transparency

The freight broker transparency fight four years in the making

For those living under a rock or missed the last four years, a fight over the ability for carriers to see how much brokerages make is inching closer to a showdown. 

The Federal Motor Carrier Safety Administration (FMCSA) has proposed sweeping changes to broker transparency regulations, potentially reshaping how freight transactions are documented and shared within the industry. 

The latest escalation came on Nov. 20, when the FMCSA published a Notice of Proposed Rulemaking (NPRM) titled...

https://www.freightwaves.com/news/the-freight-broker-transparency-fight-four-years-in-the-making

FMCSA proposes new rules on broker transparency

WASHINGTON — Federal regulators have issued a long-awaited proposed rule in response to allegations of fraud in the rate-making process raised by owner-operators against truck brokers.

In May 2020, the Owner-Operator Independent Drivers Association and the Small Business in Transportation Coalition petitioned the Federal Motor Carrier Safety Administration to improve broker transparency.

OOIDA’s petition requested that brokers automatically provide transaction information within 48 hours of the...

https://www.freightwaves.com/news/fmcsa-proposes-new-rules-on-broker-transparency

FMCSA to extend broker financial compliance deadline

WASHINGTON — Three major provisions of a rule aimed at protecting trucking companies against unpaid claims from brokers will have to be pushed back a year due to a delay getting a new online registration system up and running.

The rule, “Broker and Freight Forwarder Financial Responsibility,” which took effect in January, contained five provisions: Two had a compliance deadline set for Jan. 16, 2026, and three had a compliance deadline of Jan. 16, 2025.

But because the new registration system is...

https://www.freightwaves.com/news/fmcsa-to-extend-broker-financial-compliance-deadline

OOIDA calls long delay in truck broker rate transparency rule ‘BS’

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WASHINGTON — After years of waiting and prodding from small-business truckers, federal regulators...

https://www.freightwaves.com/news/ooida-calls-long-delay-in-truck-broker-rate-transparency-rule-bs

FMCSA shuts door on brokers in rate transparency dispute

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WASHINGTON — The Federal Motor Carrier Safety Administration has denied a rulemaking petition by the...

https://www.freightwaves.com/news/fmcsa-shuts-door-on-brokers-in-rate-transparency-dispute

Broker oversight, truck speed limiters among 2023 policy action items

The Biden administration began 2022 by rolling out its National Roadway Safety Strategy, a U.S. Department of Transportation-wide initiative aimed at addressing rising injuries and deaths involving cars and trucks.

The Federal Motor Carrier Safety Administration — and Congress — is expected to advance regulatory and legislative policy that either directly or indirectly attempts to tackle the problem.

Truck parking

With Republicans taking control of the House, a divided government will make it more...

https://www.freightwaves.com/news/action-on-broker-oversight-truck-speed-limiters-expected-in-2023

Robin Hutcheson discusses priorities for FMCSA

FMCSA Administrator Robin Hutcheson

Last month Robin Hutcheson was confirmed as the seventh administrator of the Federal Motor Carrier Safety Administration, but she has been leading the agency since January after acting administrator Meera Joshi left to become a deputy mayor of New York City.

It has been a busy year for Hutcheson since then. Barely a week after she took the wheel at FMCSA, the U.S. Department of Transportation rolled out its National Roadway Safety Strategy, an agency-wide initiative aimed at tackling road...

https://www.freightwaves.com/news/robin-hutcheson-sets-priorities-at-fmcsa

3PL Summit keynote: ‘Cat is out of the bag’ on supply chain importance

With barely six months behind her as president and CEO of the Transportation Intermediaries Association, Anne Reinke has a major goal in front of her: to “amplify” advocacy at TIA.

“The pandemic did a lot of things for a lot of people, but one of the unintended consequences is that it made the supply chain somehow known and understood better,” Reinke said during her keynote address at FreightWaves’ 3PL Summit on Wednesday.

“I think TIA and brokerage generally flew under the radar for a long time,...

https://s29755.pcdn.co/news/reinke-reveals-drive-to-expand-advocacy-for-brokers-and-3pls

The Daily Dash: Broker transparency fight rages on

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the battle lines are being drawn in the regulatory fight over broker transparency, and now the Federal Motor Carrier Safety Administration will consider dueling petitions. Plus, J.B. Hunt announced several executive changes, and self-driving startup TuSimple secures $350 million in funding.

Sides stake out their broker battle lines

Federal regulators are considering opposing petitions on rulemakings...

https://s29755.pcdn.co/news/the-daily-dash-broker-transparency-fight-rages-on

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