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WALLACE TRANSPORT COMPANY LLC

MC1515951 · DOT 04019906 · MADISON, TN

+1 (360) 880-5115JOSEPHLWALLACE1@GMAIL.COMFMCSA SAFER

Trust Score

C61 / 100Fair — some areas of concern, verify before hauling

Is this your brokerage? If you believe your score doesn't reflect your business accurately, we'd love to hear from you. Contact us and our team will review your profile.

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Owner / Officer
JOSEPH WALLACE
Classification
AUTHORIZED FOR HIRE
Authority Granted
Mar 2023
Fleet Size
1 power unit
MCS-150 Updated
Jun 2024
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, 2 months
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.
ALLAMERICAN AGENTS OF PROCESS, SIOUX FALLS,, SD
BMC-84$75,000 (required minimum)

ALLEGHENY CASUALTY COMPANY · 03/19/2025

History & Compliance

Active

Current

07/01/2025

REINSTATED

03/31/2025

REVOKED

03/17/2025

Reinstated — 03/31/2025

03/08/2025

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), including recent

-15/10
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

8/10

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

Frequently Asked

Is WALLACE TRANSPORT COMPANY LLC a legitimate freight broker?

WALLACE TRANSPORT COMPANY LLC (MC1515951) has active broker authority with the FMCSA. Their Trust Score is C (61/100). They have been in business for 2 years, 2 months. The company officer is JOSEPH WALLACE. Registered with FMCSA since Jan 2023.

What is their bond status?

WALLACE TRANSPORT COMPANY LLC has 1 bond/surety filing(s) on record: BMC-84 — $75,000 (required minimum).

Need Dispatch for Your Truck?

FF Dispatch finds loads, negotiates rates & handles paperwork — 5% commission, no contracts.

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

We Do This For Every Broker. On Every Load.

Our dispatchers pull these reports, check credit scores, verify payment history, and talk to other carriers — all before we present a single load to you.

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