InTek Freight & Logistics has announced it has increased its TIA Surety Bond to $250,000, making it among less than one percent of all third party logistics providers (3PLs) to be TIA Performance Certified. The $250,000 TIA Surety Bond means that InTek has quadrupled the $75,000 legally required protection for shippers and carriers.
"We're excited to be among a select few third party logistics providers to be TIA Performance Certified," said Rick LaGore, CEO of InTek Freight & Logistics. "This reaffirms our commitment to current and future clients that InTek is a company they can trust with their freight and logistics business."
With a more than 40 year history, the Transportation Intermediaries Association - TIA - has established itself as a recognized authority in the industry. The TIA Performance Certified designation signifies companies like InTek take fraudulent behavior in freight and logistics seriously, and offer carriers and shippers superior service and protection.
The Federal Motor Carrier Safety Administration (FMCSA) requires that a freight broker or forwarder maintain a $75,000 surety bond. The $250,000 TIA Surety Bond indicates a 3PL is adhering to the highest standards, well above and beyond these minimum requirements.
Have questions about InTek Freight & Logistics or interested in learning more about the TIA Performance Certified designation? Let us know, and we'll follow up with answers.
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