Sunset Transportation Exceeds Legal Requirements, Combats Fraud with Increased $100,000 Freight Broker Bond
St. Louis-based logistics leader qualifies for 100K TIA Performance Certification
ST. LOUIS, MO. – Sunset Transportation, Inc., a leader in third-party logistics (3PL), recently increased the company’s freight broker bond to $100,000 to better serve its customers and carrier partners.
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 or the MAP 21 requirements:
- Access Sunset’s online article.
- View the MAP 21 video from the Transportation Intermediaries Association (TIA).
- Download the MSWord and PDF versions of the release.
- Contact an experienced Sunset logistics advisor at [email protected] or 800-849-6540.
About Sunset Transportation
Sunset Transportation (https://www.sunsettrans.com), headquartered in St. Louis, is a leader in third party logistics (3PL), transportation outsourcing and freight and parcel auditing/payment through its division, Sunset Financial. With almost 25 years of experience, Sunset is a growing regional leader with expertise in truckload, less than truckload, international, freight audit and payment and supply chain solutions. Sunset helps companies save on transportation costs by enhancing processes and maximizing resources.
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SunsetAgents.com (https://ww.sunsetagents.com) is Sunset Transportation’s freight broker agent recruitment website and information resource. Sunset sees its logistics freight agents as an extension of its business and offers great commissions. For more than a decade, Sunset’s freight agent program works with the best agents, providing opportunities backed skilled support, advanced reporting, top carriers and cutting edge technology.