September 25, 2019 4:45 PM, EDT Article Link California Gov. Gavin Newsom Signs Heavy-Duty Truck Smog Inspection Program Bill Into Law Calif. Gov. Gavin Newsom by Rich Pedroncelli/Associated Press Democratic Gov. Gavin Newsom has signed into law a bill that directs the California Air Resources Board and other state agencies to develop and implement a […]

The Department of Transportation (DOT), Federal Motor Carrier Safety Administration (FMCSA), and Surface Transportation Board (STB) are the three agencies within the DOT that serve in the issuance of licenses and permits. The DOT is charged with the safety elements in the transportation industry as a whole with oversight responsibilities regarding elements of railroad safety […]

The “Partnership” between shippers, brokers, carriers, and freight forwarders is to assure that carriers and brokers are paid for their services. The most valuable commodity in the transportation industry is the motor carrier.  They should never accept the transitional from the client, moving loads to the claimant, filing claims to be paid.  Murphy’s Law is […]

Mexican and Canadian Freight The Federal Motor Carrier Safety Administration (FMCSA) issues “Property Broker License” to cover both interstate and foreign commerce, which includes imported and exported cargo, via steamship, Mexican and Canadian freight.  This authority covers freight once it comes across the border and is transloaded at United States (US) ports, and processed through […]

Marketing…Marketing…Marketing – some pointers on data privacy A couple of days ago we were shocked to receive notice of a pending lawsuit against TFS for sending out an unsolicited text message to a transport company promoting some of our services on www.TFSMall.com.  The number we had texted information too was listed as a business number […]

I. PRELIMINARY STATEMENT

This submission has been occasioned by issues relevant to those BMC-85 collateralization disputes currently under consideration raised by The Owner-Operator Independent Drivers Association in that industry “stakeholder’s” own “Supplemental Comments” posted on 27 March 2019. Accordingly, further to Transport Financial Service’s (TFS’s) initial “Comment” on the referenced ANPRM posted on 27 November 2018 generally, when considered within the context of Sunbelt Finance’s corresponding “Comments” posted on 12 December 2018 specific to the informed opinions of a major segment of the motor carrier receivable factoring industry regarding the efficacy of by far the largest BMC-85 provider, Pacific Financial Association, with respect to surety claims management, the entirety of both of which are hereby incorporated as organic elements of this submission by this reference, the following “Supplemental Comments” are intended as a response to all previous submissions from other parties thereto predicated on the necessity of future FMCSA rulemaking addressing some currently disputed regular shortcoming in (to cite the precise language of the ANPRM) “…the financial wherewithal of BMC-85 trust providers, and the sufficiency of the assets within those funds to pay legitimate claims by motor carriers or shippers.” To be sure, there’s a fundamental conceptual problem with any such rulemaking in accordance with the FMCSA’s current statuary imperatives.

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