Whether you’re a motor carrier that works with brokers or you’re thinking of spinning off your own freight brokerage business from your fleet operations, you need to know about surety bonds, also ...

FreightCenter.com increases its surety bond to a newly proposed maximum of $100,000, further demonstrating its pledge to protect the freight transportation industry against fraud. As certified by the ...

Many freight brokers look forward to turning the page on 2025, another difficult year for the trucking industry, but they’re now facing what could be the most consequential regulatory shift in several ...

CHARLOTTE, N.C., Oct. 17, 2023 /PRNewswire/ -- Jet Insurance Company ("Jet") has developed an innovative bond program to provide consistent and sustainable surety credit to legitimate freight brokers ...

A surety bond is a way of ensuring that a business makes good on its obligations when it's hired to do a job. Many, or all, of the products featured on this page are from our advertising partners who ...

Manteca, California-based Gill Freightlines small fleet owner Surinder Gill's family's trucking lineage traces back through 60 years of OTR work done by his father, Gurmail Singh Gill, over well more ...

Surety bonds are an agreement involving a principal, an obligee and a surety company that issues the bond for a fee. In most cases, the obligee accepts a bid or application submitted by the principal.

It is in this context that surety bonds have begun to attract attention—not as a financial innovation, but as a structural ...

From bridge construction to janitorial services, most government agencies and many businesses require the businesses contracted to work on such projects to obtain surety bonds. A surety bond gives the ...

Surety bonds protect interests in contracts, ensuring funds are available if obligations are unmet. They differ from investment bonds, focusing on guaranteeing contract fulfillment rather than earning ...