BY MARK B. SOLOMON, SENIOR EDITOR
MOTOR FREIGHT
transportationreport
WHEN THE BILL REAUTHORIZING THE NATION’S TRANSPORT FUNDING
mechanisms became law in July 2012, much was made of the fact that it was the
first multiyear funding law in seven years and that the federal government would
be doling out $105 billion over the subsequent 27 months to pay for infrastructure projects.
Largely overlooked in the 1,656-page bill was language that on Oct. 1 changes
forever how truck freight is laded, brokered, and transported. To some, it smacks
of trucking reregulation. To others, it brings clarity and accountability to a business lacking in both. For those who make their nut moving freight, it reshapes
the decades-old operation of property brokerage, which is a $100 billion-a-year
business.
On that date, the federal government makes it more expensive for brokers to do
business, enforces strict rules on what brokers and truckers can and can’t do, and
levies stiff fines for noncompliance. The law is also expected to make shippers more
Take this load and …
follow the rules!
Last year’s transport
funding law remade
the multibillion dollar
world of property
brokerage. Starting
Oct. 1, the rubber
hits the road.
