Who regulates brokers?
Brokers have not been regulated by the Oregon Department of Transportation since the mid-1990s, but they are regulated by the U.S. DOT. Brokers can visit the Federal Motor Carrier Safety Administration (FMCSA) and follow a Step-by-Step Registration Guide to getting started. Using this online registration and licensing system, brokers can obtain operating authority and have an MC number assigned to them (freight forwarders get an FF number). They need to complete Form OP-1 and pay $300 to get a license to operate as a broker arranging the transportation of property or household goods using regulated carriers. Brokers of property are subject to federal regulations in 49 CFR Part 371. A broker is defined as a person who, for compensation, arranges, or offers to arrange the transportation of property by an authorized motor carrier. Motor carriers, or persons who are employees or bona fide agents of carriers, are not brokers within the meaning of this section when they arrange or offer to a
