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PRAXIS TECHNOLOGIES INC

MC1533793 · DOT 03787331 · PENNSAUKEN, NJ

+1 (888) 485-9993

Trust Score

B80 / 95Good — established broker with minor concerns

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, 8 months
Phone on File
+1 (888) 485-9993
BMC-84$75,000 (required minimum)

LEXINGTON NATIONAL INSURANCE CORPORATION · 02/06/2024

BMC-84$75,000 (required minimum)

LEXINGTON NATIONAL INSURANCE CORPORATION · 02/06/2024

BMC-84$75,000 (required minimum)

LEXINGTON NATIONAL INSURANCE CORPORATION · 02/06/2024

PENDING CANCELLATION

SURETY · 03/15/2026

PENDING CANCELLATION

SURETY · 03/15/2026

Common AuthorityAllows a carrier to haul freight for the general public. Most brokers don't need this.
None
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.
Agent on file · Agent on file

History & Compliance

Active

Current

GRANTED

07/07/2023

GRANTED

07/07/2023

GRANTED

07/07/2023

Authority Granted

07/07/2023

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

15/25
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.

No revocation records

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

No rejected filings

5/5

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

Frequently Asked

Is PRAXIS TECHNOLOGIES INC a legitimate freight broker?

PRAXIS TECHNOLOGIES INC (MC1533793) has active broker authority with the FMCSA. Their Trust Score is B (80/95). They have been in business for 2 years, 8 months.

What is their bond status?

PRAXIS TECHNOLOGIES INC has 3 bond/surety filing(s) on record: BMC-84 — $75,000 (required minimum), BMC-84 — $75,000 (required minimum), BMC-84 — $75,000 (required minimum).

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