RECENT BOL UPDATES AND THEIR IMPACT ON THE RELATIONSHIP SHIPPER/CARRIER
On July 14, 2016, the National Motor Freight Traffic Association (NMFTA) issued Supplement 2 to NMF 100-AP, which became effective August 13,2016. The biggest impact the addition of Supplement 2 are the modifications to the Uniform Bill of Lading (UBOL), […]Read more
The Buck Stops Where?
Here are a few important questions to consider pertaining to carrier payments: “What happens if pay my logistics company and they don’t pay the carrier can they come after me?” The short answer to this question is yes. A carrier […]Read more
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 […]Read more