Test Your Freight Broker IQ!
Is an FMCSA broker authority required in order to be a domestic freight broker?
Freight brokerage is considered a mode of transportation.
What does LTL mean?
The consignor is the person or entity who receives the load being shipped.
Does a broker have a fiduciary relationship with a carrier hauling a load for him?
What part of your continuing contract outlines the specifics of how the load will be handled?
Who receives payment when goods are lost or stolen?
The consignee calls you. He says the carrier ran over his bird feeder as he left the lot, and demands payment from you, the broker. What is your responsibility in this situation?
If a shipment is not received on time, the shipper is not required to pay your full invoice.
You brokered a load on Motor Carrier A. Motor Carrier A hires Motor Carrier B to deliver the load. Is this considered double brokering?
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