PRLog - Jun. 5, 2014 - ST. LOUIS -- To better serve its customers and carrier partners, Sunset Transportation, a leader in third-party logistics (3PL), recently increased the company's freight broker bond to $100,000.
Sunset Transportation recently earned this distinctive industry benchmark.
Sunset also qualified for the Transportation Intermediaries Association (TIA)’s exclusive $100,000 Performance Certification. Less than one percent of brokers, forwarders and other 3PLs hold this industry benchmark.
“To the Sunset team, the broker bond is more than just a legality; it’s a mark of trust and commitment to our clients, carrier partners and the industry as a whole,” said Lindsey Graves, vice president of operations. “That’s why we felt it was important to go above and beyond the federal minimum.”
Exceeding the Legal Requirement to Combat Fraud
A freight broker bond is required as a guarantee that freight brokers will fulfill their responsibilities to their carrier partners and deal with their clients ethically.
Through the MAP 21 legislation, Federal Motor Carrier Safety Administration (FMCSA) raised the bond requirement from $10,000 to $75,000 for all brokers, freight forwarders and carriers on Oct. 1, 2013. The goal of the MAP 21 mandate is to curb abuse and fraud in the transportation industry.
Committed to Financial Stability, Excellence
As a leader in logistics and as one of the Inc. 500/5000 fastest growing companies in Missouri, Sunset Transportation strives to meet and exceed consumer, technological and industry expectations whenever possible. Exceeding the legal requirement with the increased 100K bond is another way for Sunset to demonstrate its commitment to excellence.
“It’s not enough to offer top-notch transportation brokerage, freight audit, payment and logistics solutions,” Graves explained. “People have to trust you enough to deliver those services. The higher bond tells the industry in the most fundamental way that Sunset is reliable, financially solvent and here for the long-term.”
For more information about broker bonds, Sunset's compliance and MAP 21 requirements:
- Access Sunset’s online article: http://www.sunsettrans.com/
- View the MAP 21 video from the Transportation Intermediaries Association (TIA): http://videos.tianet.org/
- Contact an experienced Sunset logistics advisor at email@example.com or 800-849-6540.
About Sunset Transportation
Sunset Transportation (www.sunsettrans.com)
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