Are You Licensed And Bonded?

Yes, see MC# 1643787 - NX, LLC

But what exactly does this mean? What is a bond used for, what should the amount be, and does it really add any type of security for the customer? If you are a curious type of person, then check out all of the details about a broker’s transportation bond.

Should a broker have a bond?

Yes! In fact, the Federal Motor Carrier Safety Administration (FMCSA) and the U.S. Department of Transportation (US DOT) require all brokers to maintain an active bond. If a broker’s bond is canceled or revoked their legal authority will be revoked.

What should the amount of the bond be?

The answer to this question is also regulated by the FMCSA and US DOT. According to the “MAP-21” bill of 2012, transportation brokers are required to maintain a bond in the amount of $75,000.

How can I verify a bond?

If you are a phone type of person, then simply call the bonding company and provide the broker’s Motor Carrier Number (like ours MC1643787) and/or US DOT number.

Does the Bond Protect My Vehicle?

This is a common misconception by consumers. The bond only exists should the broker go out of business and leave truckers without getting paid. This carrier's insurance covers you if there damage and that insurance is held by the carrier, not the broker.