Broker B Responsibilities. BROKER B shall be solely responsible for exercising due diligence in selecting carriers for the performance of this Agreement, which includes, but is not limited to: verifying the carrier's operating authority (state and/or federal), verifying the carrier's insurance coverage, with coverage not less than $ 1,000,000 for General Liability, $1,000,000 Auto Liability; and $100,000 cargo, verifying the carrier does not have an "Unsatisfactory" safety rating with the FMCSA, executing a written contract with carriers, which includes carriers representation of compliance with all applicable state and federal safety regulations, and for intermodal shipments, contracting only with motor carriers who have executed, and represent that they are in compliance with the terms of a current Uniform Intermodal Interchange Agreement (UIIA).
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Samples: Agreement (Agreement, Co Brokerage Agreement Between Licensed Transportation Brokers, Co Brokerage Agreement Between Licensed Transportation Brokers
Broker B Responsibilities. BROKER B shall be solely responsible for exercising due diligence in selecting carriers for the performance of this Agreement, which includes, but is not limited to: verifying the carrier's operating authority (state and/or federal), verifying obtaining proof of the carrier's insurance coverage, with coverage not less than $ 1,000,000 $1,000,000.00 for General Liability, $1,000,000 1,000,000.00 Auto Liability; and $100,000 100,000.00 cargo, verifying the carrier does not have an "Unsatisfactory" or “Conditional” safety rating with the FMCSA, executing a written contract with carriers, which includes carriers representation of compliance with all applicable state and federal safety regulations, and for intermodal shipments, contracting only with motor carriers who have executed, and represent that they are in compliance with the terms of a current Uniform Intermodal Interchange Agreement (UIIA).
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Samples: taylorlogistics.com, taylorlogistics.com
Broker B Responsibilities. BROKER B shall be solely responsible for exercising due diligence in selecting carriers for the performance of this Agreement, which includes, but is not limited to: verifying the carrier's operating authority (state and/or federal), verifying obtaining proof of the carrier's insurance coverage, with coverage not less than $ 1,000,000 for General Liability, $1,000,000 Auto Liability; and $100,000 cargo, verifying the carrier does not have an "Unsatisfactory" safety rating with the FMCSA, executing a written contract with carriers, which includes carriers representation of compliance with all applicable state and federal safety regulations, and for intermodal shipments, contracting only with motor carriers who have executed, and represent that they are in compliance with the terms of a current Uniform Intermodal Interchange Agreement (UIIA).
Appears in 1 contract
Samples: Co Brokerage Agreement Between Licensed Transportation Brokers
Broker B Responsibilities. BROKER B shall be solely responsible for exercising due diligence in selecting carriers for the performance of this Agreement, which includes, but is not limited to: verifying the carrier's operating authority (state and/or federal), verifying the carrier's insurance coverage, with coverage not less than $ 1,000,000 for General Liability, $1,000,000 $ Auto Liability; and $100,000 $ cargo, verifying the carrier does not have an "Unsatisfactory" safety rating with the FMCSA, executing a written contract with carriers, which includes carriers representation of compliance with all applicable state and federal safety regulations, and for intermodal shipments, contracting only with motor carriers who have executed, and represent that they are in compliance with the terms of a current Uniform Intermodal Interchange Agreement (UIIA).
Appears in 1 contract
Samples: Co Brokerage Agreement Between Licensed Transportation Brokers