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BackgroundBackgroundBackgroundBackgroundBackgroundBackground
All broker information is compiled from public open sources (FMCSA data). Carriers must conduct their own independent investigation and due diligence before hauling any load.

BEAM LOGISTICS INC

MC1480155 · DOT 03965435 · BALA CYNWYD, PA

+1 (484) 288-2968D.FFOLKES@BEAM1ST.COMFMCSA SAFER

Trust Score

B83 / 100Good — established broker with minor concerns

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Owner / Officer
DAMION FFOLKES
Classification
AUTHORIZED FOR HIRE
Authority Granted
Apr 2023
Fleet Size
1 power unit
MCS-150 Updated
Feb 2025
Cargo Insurance
Not Required

Authority & Bond

Broker AuthorityFMCSA-issued license allowing a company to arrange transportation of freight. Required to legally operate as a freight broker.
Active
Authority AgeHow long this broker has held active authority with FMCSA. Longer = more established.
2 years
Common AuthorityAllows a carrier to haul freight for the general public. Most brokers don't need this.
Active
Contract AuthorityAllows hauling freight under specific contracts. Rarely used by pure brokers.
None
Process AgentA BOC-3 filing — a legal representative in each state who can accept court papers on behalf of the broker.
SERVICE OF PROCESS AGENTS, INC., MEMPHIS, TN
BMC-84$75,000 (required minimum)

ALLEGHENY CASUALTY COMPANY · 04/04/2024

BMC-84$75,000 (required minimum)

JET INSURANCE COMPANY · 05/01/2026

PENDING CANCELLATION

SURETY · date unknown

PENDING CANCELLATION

SURETY · 05/01/2026

Other Insurance

BMC-91X$300

Pending Cancellations

BIPD/Primary · unknown

History & Compliance

Active

Current

REINSTATED

04/25/2024

REVOKED

04/10/2024

Reinstated — 04/25/2024

GRANTED

04/27/2023

Authority StatusWhether the broker's FMCSA operating authority is currently active. Inactive = cannot legally broker loads.

Active broker authority

30/30
Authority AgeHow long the broker has held authority. Newer brokers are higher risk — most failures happen in the first 2 years.

2-5 years in business

13/20
Bond StatusBrokers must carry a $75,000 BMC-84 or BMC-85 surety bond. Missing bond = no protection if they don't pay.

Bond/surety on file

20/20
Revocation HistoryPast authority revocations by FMCSA. Even if reinstated, a revocation history is a warning sign.

1 revocation(s), all over 2 years ago

5/10
Rejected FilingsInsurance or bond filings rejected by FMCSA — often due to paperwork errors, but can indicate deeper issues.

No rejected filings

5/5
Compliance

Bond filed, BOC-3 on file, MCS-150 current, No insurance lapses

10/10

Data synced daily from FMCSA. Trust Scores are calculated automatically.

Frequently Asked

Is BEAM LOGISTICS INC a legitimate freight broker?

BEAM LOGISTICS INC (MC1480155) has active broker authority with the FMCSA. Their Trust Score is B (83/100). They have been in business for 2 years. The company officer is DAMION FFOLKES. Registered with FMCSA since Oct 2022.

What is their bond status?

BEAM LOGISTICS INC has 2 bond/surety filing(s) on record: BMC-84 — $75,000 (required minimum), BMC-84 — $75,000 (required minimum).

Need Dispatch for Your Truck?

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Dry Van
Dry Van
$2.85/mi avg
Reefer
Reefer
$3.10/mi avg
Flatbed
Flatbed
$3.25/mi avg
Hotshot
Hotshot
$2.60/mi avg
Power Only
Power Only
$2.50/mi avg
Step Deck
Step Deck
$3.40/mi avg
Conestoga
Conestoga
$3.40/mi avg
RGN
RGN
$4.50/mi avg
Box Truck
Box Truck
$2.10/mi avg

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