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Federal Motor Carrier Safety Administration. The Federal Motor Carrier Safety Administration ( FMCSA) is an agency in the United States Department of Transportation that regulates the trucking industry in the United States. The primary mission of the FMCSA is to reduce crashes, injuries, and fatalities involving large trucks and buses.
Principal: the freight broker / auto transport broker. Obligee: the party requiring the bond (FMCSA) Surety: the surety company. A freight broker bond is also known as a BMC-84 surety bond, trucking surety bond, transportation broker surety bond, or property broker bond. FMCSA uses the term "property broker" instead of freight broker.
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The National Motor Freight Classification ( NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment. The standard is developed and maintained by the Freight Classification Development Council (FCDC) and published by the National Motor ...
Hours of service ( HOS) regulations are issued by the Federal Motor Carrier Safety Administration (FMCSA) and govern the working hours of anyone operating a commercial motor vehicle (CMV) in the United States. These regulations apply to truck drivers, commercial and intercity bus drivers, and school bus drivers who operate CMVs.
Auto transport brokers in the USA are subject to government licensing. The candidate must obtain an Operating Authority number from the Federal Motor Carrier Safety Administration by filling out a form on the FMCSA website. There is a small application processing fee. Brokers are also required to obtain a bond.
The National Motor Freight Traffic Association (NMFTA) is an American nonprofit membership organization headquartered in Alexandria, Virginia.Its members are interstate, intrastate and international less-than-truckload (LTL) motor carriers.
The International Registration Plan (IRP) is a truck registration reciprocity agreement between the contiguous United States and Canadian provinces that provides apportioned payments of registration fees, based on the total distance operated in participating jurisdictions, to them. IRP's fundamental principle is to promote and encourage use of ...
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