Broker Transparency

TIME’S UP! DEMAND BROKER TRANSPARENCY NOW!

With time winding down on the opportunity to file comments on a proposed broker transparency regulation, OOIDA held a virtual “fireside chat” to talk about the issue. Watch the full discussion below.

FAST FACTS ABOUT BROKER ISSUES

• Thanks to OOIDA’s unrelenting pressure on FMCSA, the agency has issued a proposed rulemaking process to address broker transparency. The need for this rulemaking is even more urgent with the escalation of broker fraud in recent years.
• We want to ensure brokers comply with existing transparency regulations. Current regulations guarantee brokers provide basic information about their transactions to carriers. Yet, brokers routinely evade this responsibility and FMCSA has never enforced the requirements.

WHY SHOULD YOU CARE?

• Unfair Advantage: For years, OOIDA has been fighting against unequal broker rules. The current system hurts small businesses and gives shady brokers an unfair advantage.
• Rise in Scams: Fraudulent brokers are increasing, scamming hard-working truckers by not paying for completed jobs. They reappear under different names, leaving you unsure who to trust.
• Good Truckers, Bad Deal: Experienced drivers are being driven out of business in part by criminals posing as freight brokers.
• Real Brokers Defrauding Truckers: Some brokers make fraudulent damage claims after receiving a clean Bill of Lading for a load delivered by a trucker as promised.

WHAT CAN YOU DO?

• Fight For Fairness: Use the form on this page to submit feedback on the Broker Transparency proposal and demand the fairness you deserve. We must ensure that broker transparency remains a priority for the Trump administration and the new Congress that will take office soon. Read OOIDA’s Comment Guide to learn more about the proposal and what you can include in your feedback.
• Report Bad Brokers: Call OOIDA at 1-800-444-5791 to report fraud, fraudulent damage claims by brokers, or non-payment. Your call can help change the industry.
• Talk to Lawmakers: Dial the U.S. Capitol at (202) 224-3121. Tell your elected officials to address broker transparency, freight fraud, and help hold fraudulent brokers accountable.

ADDITIONAL RESOURCES

• Read OOIDA’s Broker Transparency Comment Guide
• OOIDA Petition for Rulemaking – Improving Broker Transparency Regulations 49 CFR §371.3
• H.R. 8505 – Bipartisan bill Introduced to Combat Freight Fraud
• 2023 MATS Broker Listening Session