OOIDA and SBTC File Petition on Freight Broker Transparency to Enhance FMCSA 371.3 Requiring Reporting of Gross Margins on Shipments

By Paul Benfer – Perhaps I missed something, but when did a regulation demanding that owner-operators accept whatever rate a broker offered become law? When discussing 371.3 it is important to remember it was written in 1980 at the birth of trucking deregulation...