The terms every carrier accepts when they claim a load on Loadgency.
Broker is a licensed property broker that arranges, but does not perform, transportation. Carrier is a for-hire motor carrier. The parties are independent contractors — no partnership, agency, or employment is created.
On each load it claims, Carrier warrants that it: holds active, in-good-standing FMCSA authority (MC/DOT); maintains cargo and auto-liability insurance meeting legal and Broker minimums; will transport each shipment on its own authority and equipment and will not re-broker, subcontract, or double-broker any load without Broker's prior written consent; and complies with all applicable laws.
Carrier accepts a load by claiming it, forming a binding commitment to perform. The shipper pays Carrier the full posted price directly (COD) on delivery. Broker does not collect, hold, or disburse Carrier's line-haul pay. Broker's fee is paid separately by the shipper and is never deducted from Carrier's pay.
Carrier is liable for loss or damage to freight in its custody under the Carmack Amendment (49 U.S.C. § 14706); Carrier's cargo insurance is the primary coverage. Carrier captures the digital BOL and inspection photos at pickup and delivery and cooperates promptly with the claims process.
When required, Carrier provides current photos of the tractor, trailer, DOT markings, and driver ID so the shipper can confirm the correct carrier is arriving. Any material change to verified information must be submitted for re-verification. Misrepresenting identity or authority is grounds for immediate removal and may be reported to the FMCSA.
Carrier maintains, at its expense, auto liability of at least $1,000,000 per occurrence and cargo coverage of at least $100,000 (or higher where the commodity requires), naming Broker as certificate holder on request.
Loadgency's model expressly permits shippers and carriers to build ongoing relationships. There is no non-circumvention penalty for a shipper and carrier continuing to work together. Each party still protects the other's non-public business information.
Effective on acceptance and continuing until terminated by either party on written notice. Each party indemnifies the other for its own negligence, breach, or violation of law; Carrier specifically indemnifies Broker against claims arising from Carrier's transportation, cargo loss/damage, or unauthorized re-brokering. Governed by the law of the State of Florida.
Accepted electronically by Carrier upon claiming any load on the Loadgency platform.
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