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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.

CORNERSTONE PRIVATE LEDGER, INC.

DBA: NATIONWIDE EQUIPMENT TRANSPORT

MC225290 ยท DOT 00526896 ยท WILMINGTON, CA

Trust Score

A90 / 100Excellent โ€” well-established, fully compliant broker

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Owner / Officer
LOUIS DEL CROGNALE
Classification
AUTHORIZED FOR HIRE
Authority Granted
Mar 1991
Fleet Size
0 units (Pure brokerage)
MCS-150 Updated
Aug 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.
35 years, 2 months
Common AuthorityAllows a carrier to haul freight for the general public. Most brokers don't need this.
Inactive
Contract AuthorityAllows hauling freight under specific contracts. Rarely used by pure brokers.
Inactive
Process AgentA BOC-3 filing โ€” a legal representative in each state who can accept court papers on behalf of the broker.
PROCESS AGENT SERVICE COMPANY, INC., SIOUX FALLS, SD
BMC-84$75,000 (required minimum)

UNITED STATES FIRE INSURANCE CO. ยท 10/01/2017

Other Insurance

BMC-34None on file

History & Compliance

Active

Current

DISCONTINUED REVOCATION

03/07/2006

Revocation discontinued

INVOLUNTARY REVOCATION

02/17/2006

Discontinued โ€” 03/07/2006

DISCONTINUED REVOCATION

03/16/2005

Revocation discontinued

INVOLUNTARY REVOCATION

02/17/2005

Discontinued โ€” 03/16/2005

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 โ€” most failures happen in the first 2 years.

10+ years in business

20/20
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.

3 revocation(s), all over 2 years ago

5/10
Rejected FilingsInsurance or bond filings rejected by FMCSA โ€” 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 CORNERSTONE PRIVATE LEDGER, INC. a legitimate freight broker?

CORNERSTONE PRIVATE LEDGER, INC. (MC225290) has active broker authority with the FMCSA. Their Trust Score is A (90/100). They have been in business for 35 years, 2 months. The company officer is LOUIS DEL CROGNALE. Registered with FMCSA since Jun 1993.

What is their bond status?

CORNERSTONE PRIVATE LEDGER, INC. has 1 bond/surety filing(s) on record: BMC-84 โ€” $75,000 (required minimum).

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