Freight Brokers

Learn how to renew your freight broker license and keep your FMCSA authority active. This guide explains the difference between renewing a freight broker license and maintaining operating authority, including the $75,000 BMC-84 freight broker bond, BOC-3, FMCSA biennial updates, business information updates, financial responsibility requirements, and insurance. It also explains bonding requirements for $75,000 NVOCC bonds and $50,000 OFF (OTI) bonds.

Want to become a licensed freight broker? This complete guide explains how to start a freight brokerage, obtain FMCSA operating authority, file a BOC-3, and meet financial-responsibility requirements. Learn the differences between the $75,000 BMC-84 freight broker bond, $75,000 NVOCC bond, and $50,000 OFF (OTI) bond, along with startup costs, carrier requirements, insurance, and tips for building a successful freight brokerage business.