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FMCSA takes steps toward immediate suspension of insolvent brokers, seeks industry feedback

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The Federal Motor Carrier Safety will propose a rule Thursday that will, if made final, set criteria by which the agency could immediately suspend the operating authority of brokers and freight forwarders whose surety bonds or trust funds fall below the federally required $75,000. The agency is also seeking public input on a bevy of other broker-related issues. 

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