Trucking Broker Transparency: A Trump's Policy Crossroads

In May 2020, President Donald Trump backed truckers protesting alleged broker price gouging, prompting the Federal Motor Carrier Safety Administration (FMCSA) to propose a Broker Transparency rule. This rule aims to give truckers access to freight-rate details, addressing concerns of hidden fees and unfair practices. Advocates argue transparency levels the playing field, reduces financial stress, and improves safety by preventing overwork.

Opponents, including broker groups, warn the rule could lower carrier rates through bidding wars and set a risky precedent for government intervention in private contracts. Legal experts suggest FMCSA should focus on safety and fraud instead.

As the rule’s comment period ends on January 21, 2025, its future hinges on the Trump administration’s unpredictable stance, leaving the industry at a critical juncture.