Credential and Training Requirements Flashcards

Which federal agency is primarily responsible for licensing freight brokers operating in interstate commerce?

Answer: Federal Motor Carrier Safety Administration (FMCSA)

The FMCSA issues and oversees freight broker operating authority under its regulatory jurisdiction.

What is the minimum surety bond amount a freight broker must maintain under current FMCSA regulations?

Answer: $75,000

The MAP-21 Act raised the freight broker surety bond requirement to $75,000.

A freight broker applicant must file which form with the FMCSA to obtain operating authority?

Answer: Form OP-1

Form OP-1 is the application for motor property carrier and broker authority.

How long does a freight broker typically have to respond to an FMCSA complaint before their authority may be subject to revocation proceedings?

Answer: 30 days

FMCSA generally provides a 30-day period to respond to complaints or show cause before initiating revocation.

Which of the following professionals must a freight broker designate to satisfy the BOC-3 process agent requirement?

Answer: A process agent in each state where they conduct business

BOC-3 requires designation of process agents in every state where the broker operates to accept legal service.

The Transportation Intermediaries Association (TIA) Certified Transportation Broker (CTB) designation requires candidates to have how many years of industry experience before sitting for the exam?

Answer: 2 years

TIA requires a minimum of 2 years of experience in the transportation industry to qualify for the CTB exam.

Which document serves as the primary proof that a freight broker holds valid operating authority granted by FMCSA?

Answer: Certificate of operating authority

The Certificate of Operating Authority (MC Number) is the official document confirming a broker's legal right to operate.