Regulation & law · 16/12/2021

FMCSA Denies SBTC Exemption Application for Property Brokers and Freight Forwarders

The Federal Motor Carrier Safety Administration (FMCSA) has denied the Small Business in Transportation Coalition (SBTC) application for an exemption from the $75,000 bond requirement for property brokers and freight forwarders, citing that the request does not meet the statutory factors for an exemption.