Freight Brokerage Business

 The Code of Federal Regulations is quite certain with regards to what kinds of records you should keep up with. You're expected to track every transaction. If you want to start a Freight Brokerage Business then your record should show:

• the name and address of the agent (transporter)

• the name, address, and registration number of the originating motor transporter

• the bill of lading or freight bill number

• how much remuneration got by the broker for the financier administration performed and the name of the payer

• a description of any brokerage administration acted regarding every shipment or other action, how much pay got for the assistance and the name of the payer

• how much any cargo charges are collected by the broker and the date of installation to the transporter

 

You should save these records for a time of three years, and each party to a specific transaction has the privilege to survey the records connecting with that transaction.

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