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A broker carrier agreement, also known as simply a carrier agreement, or sometimes a carrier packet, is a legal contract between a freight broker and a carrier laying out the terms of transport for goods or materials.

The carrier Identification Number is a number used by the Federal Motor Carrier Safety Administration to identify potential unsafe motor carriers when analyzing crash data. It is also essential for monitoring motor carrier's safety records and other valuable information.

A carrier profile is basically a set of documents that a broker delivers to a potential carrier so that the carrier can fill them out, before returning them to the broker to set them up as the approved carrier.

A US DOT number identifies carriers operating in interstate commerce while an MC number identifies a carrier who transports regulated commodities for hire in interstate commerce. Generally, items that have been changed from their natural state are regulated commodities requiring an MC number.

A power of attorney (POA) is a legal document used in shipping to grant a customs broker the authority to process Customs clearance on your behalf. A signed POA is necessary in order to clear your goods through US Customs.

It is a federal requirement for truckers to have primary auto liability. Each truck, including leased units, must carry commercial auto insurance. This liability insurance provides you with protection if a third party becomes injured in an accident.

A non-compete agreement legally binds a current or former employee from competing with an employer for some period of time after employment ceases. Under such an agreement, the employee must not reveal any trade secrets learned during employment.

If you are a U.S. person that is a partner in a partnership conducting a trade or business in the United States, provide Form W-9 to the partnership to establish your U.S. status and avoid section 1446 withholding on your share of partnership income.

Credit card authorization is an approval that the customer has sufficient funds on their card to pay for the transaction. This is the approval from an issuer, usually through a credit card processor.

A tax ID verification letter is the official confirmation that the Internal Revenue Service sends following a request for an Employer Identification Number (EIN). The process to apply for an EIN and subsequent verification letter is fairly simple. You can even get a replacement letter if the original is lost.