CFB Credential and Training Requirements 4

Question 1

Which continuing education requirement must CTB (Certified Transportation Broker) holders fulfill to maintain their certification?

Accepted Answer

Complete 20 CEUs every two years

Answer

TIA requires CTB holders to earn 20 Continuing Education Units (CEUs) within each two-year recertification cycle.

Question 2

Under 49 CFR Part 371, freight brokers are required to keep records of each brokered transaction for a minimum of how long?

Accepted Answer

3 years

Answer

49 CFR 371.3 mandates that freight brokers retain transaction records for a minimum of three years.

Question 3

Which entity has the authority to revoke a freight broker's operating authority for repeated violations of federal regulations?

Accepted Answer

The Federal Motor Carrier Safety Administration

Answer

FMCSA has the statutory authority to suspend or revoke freight broker operating authority for regulatory violations.

Question 4

A freight broker who operates without a valid FMCSA operating authority is subject to civil penalties of up to how much per violation per day?

Accepted Answer

$16,000

Answer

FMCSA can assess civil penalties of up to $16,000 per violation per day for operating as an unlicensed freight broker.

Question 5

What is the purpose of the Unified Registration System (URS) as it relates to freight broker credentialing?

Accepted Answer

To consolidate all FMCSA registrations into a single online system

Answer

The URS streamlines the registration process by merging FMCSA's various registration systems into one unified platform.

(CFB) Certified Freight Broker Practice Test