Freight brokers get another year before they must prove they have enough cash

The US Department of Transportation is delaying new rules that would require freight brokers and forwarders to prove they have enough cash to cover their operations. The deadline for these companies to show financial responsibility has moved from January 2025 to January 2026.

The government wants to track how much cash freight brokers have. This is meant to protect truckers and shippers if a broker goes out of business. But the agency's new online system is not ready yet. This delay means the industry gets more time before it has to comply with the new financial rules.