Exempt commodities & claim against broker's bond (ruling 119)
#1
Rookie
Thread Starter
Join Date: Nov 2016
Posts: 1
Exempt commodities & claim against broker's bond (ruling 119)
Exempt commodities are not exempt from having a claim submitted against the broker's bond if broker fails to pay a carrier for the load. Exempt commodities listed in the ruling 119 are exempt from having/needing the MC authority. It has nothing to do with the broker's bond or bond trust. That's what the FMCSA and the local Federal Field Office explained to us. In our case, the broker has already been paid and we've verified that with the buyer directly, but the broker hasn't paid us for over 60 days now, the carrier. The broker's bond, though, is referring to the ruling 119 as a proof that they can't process a claim against exempt commodities. Any feedback on this???
#2
Member
Join Date: Mar 2017
Posts: 190
Exempt commodities are not exempt from having a claim submitted against the broker's bond if broker fails to pay a carrier for the load. Exempt commodities listed in the ruling 119 are exempt from having/needing the MC authority. It has nothing to do with the broker's bond or bond trust. That's what the FMCSA and the local Federal Field Office explained to us. In our case, the broker has already been paid and we've verified that with the buyer directly, but the broker hasn't paid us for over 60 days now, the carrier. The broker's bond, though, is referring to the ruling 119 as a proof that they can't process a claim against exempt commodities. Any feedback on this???
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