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Highway has released a new feature which will allow brokers to screen carriers that have principals that are non-domiciled CDLs. This will go a long way in driving compliance, especially as shippers start to feel pressure from the Administration to ensure they are loading compliant drivers.

13,156 次观看 • 7 个月前 •via X (Twitter)

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Truckload spot rates hit new all-time high: this is not SCOTUS related, it is compliance crackdown + reindustrialization. We are week into SCOTUS and this is what we've learned (all over the board tbh): - Large brokers tell us they are getting more commitments from shippers, not less. Shippers are concerned that they are next and want protection. - Managed trans appears to be a massive winner. - Some shippers are reevaluating small carriers (due to compliance risks and cost) and looking to move more freight through large brokers, not less. While others have stopped loading brokers altogether. - Large shippers are already evaluating their brokers for financial viability and requesting larger insurance policies. - Asset-carriers tell us that what eats them alive isn't the big lawsuits, but the very small claims and wonder if brokers will be pulled into the small claims that are handled outside of insurance, which could result in 1-2 claims/1000 loads. At a cost of $20k each, that could result in $20-40/load just in administrative costs of dealing with small claims. - Insurance costs are going up for brokers, but no one really knows how much. Ranges we are hearing is 3-10x. - Conditional safety rating is really difficult for small carriers due to the slow resolution of those ratings at the FMCSA, which is overwhelmed and under resourced - We had our first lawsuit involving a large broker that was previously thrown out under summary judgement amended to include the freight broker

Craig Fuller 🛩🚛🚂⚓️

14,053 次观看 • 1 个月前