Freight brokers are required to maintain a surety bond per the BMC-84 program.Freight Broker Surety Bonds – BMC-84 Freight brokers play a crucial role in the transportation industry, and with that role comes specific responsibilities and requirements. One such requirement is the BMC-84 program,...
Freight broker bond rates can be as low as1.25%($938) for experienced brokers with excellent credit score and financial records. Applicants with an average credit score and financials can expect their rates to be between3%and5%. You can use our Surety Bond Cost Calculator below to get a ball...