Tag archive for BROKER

24

Aug

Shippers Export Declaration: USPPI, is the responsible party the buyer, the seller, or neither?

When reporting exports, every so often the question about who is the USPPI arises. What is the USPPI you asked? The USPPI or the U.S. Principal Party in Interest is the person or legal entity in the United States that […]
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13

Jun

Freight Broker Bond

Freight Broker Bond requirements were put in place in the 1930’s by the Federal Motor Carrier Safety Administration (FMCSA) to act as insurance for the carrier payment in the event that they are not paid by the freight broker. In […]
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