The Federal Motor Carrier Safety Administration has put out a long-awaited proposal on broker transparency that, among other things, would require brokers to keep records in electronic form.
The proposal is a result of petitions by the Owner-Operator Independent Drivers Association and the Small Business in Transportation Coalition filed with the agency more than four years ago.
Those 2020 petitions asked that the FMCSA change regulations to require brokers to disclose (when requested by the carrier), among other items, amounts paid by the shipper to the broker for a shipment.
