NCBFAA Sets Dec. 13 Webinar on Changes for Brokers, Forwarders Due to Trade Bill

National Customs Brokers and Forwarders Association of America plans a webinar at 1 p.m. ET Dec. 13 on changes affecting the regulation of property brokers & surface freight forwarders as a result of the Transportation Bill signed this summer. It said the bill includes language affecting the regulation of property brokers, domestic freight forwarders and trucking firms. They include new registration and licensing requirements, and a 750 percent increase in the minimum amount of the property broker's bond. Additionally, surface freight forwarders will need to post a similar $75,000 bond. Learn how and why these changes came about, and gain a perspective on the statutory changes and the general underwriting environment for these bonds.