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Freight Forwarderin India

How to become a Freight Forwarder in India | DF Alliance

The Freight Forwarder License Requirements

Freight forwarders are licensed at the federal level and must meet the FMCSA requirements in order to get licensed. These requirements are as follows

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Business and Tax Registration

In order to operate as a freight forwarder, you will need to register your business entity in the state in which you reside and operate. Business entities are typically registered with the Secretary of State.

In addition, you may need to obtain tax registration from your local Department of Revenue. Make sure to contact the Department to find out if you need a tax number to operate as a freight forwarder in the state.

Insurance

As a freight forwarder you are required to meet several insurance requirements. Freight forwarders must at all times maintain a $5,000 cargo insurance for loss of or damage to property per vehicle, and a $10,000 for loss of or damage to property per occurrence.

Your insurance policy (form BMC-34) must be suxbmitted to the FMCSA by your insurance provider within 90 days of you applying for your freight forwarder authority.

In addition if you plan on operating commercial motor vehicles (CMVs), you must also obtain bodily injury and property damage (BI & PD) insurance and environmental restoration coverage.

If you will not operate CMVs you can seek a waiver of this requirement by completing the relevant section in your application for freight forwarder authority.

If you have more than two employees you will also need to get workers' compensation insurance. This type of insurance is required by your state and is not part of the licensing process for freight forwarders.

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We look forward to you joining our network and getting the most out of your business!

The Digital Freight Alliance is the logistics association created in 2020 by DP World to unite logistics companies in one community, optimizing processes and using digital tools for logistics.

DFA Members in India

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Karan

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Aarush

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Swathi

Greetings from the world of digital shipping! Has logistics ever been so simple?

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Ram

Greetings from the world of digital shipping! Has logistics ever been so simple?