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PARAMOUNT FREIGHT SYSTEMS, INC.

MC317700 · DOT 02223057 · DAYTON, NJ

+1 (732) 203-5525

Trust Score

A90 / 95Excellent — well-established, fully compliant broker

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.
22 years, 11 months
Phone on File
+1 (732) 203-5525
BMC-84$75,000 (required minimum)

MERCHANTS NATIONAL BONDING, INC · 07/09/2015

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

History & Compliance

Active

Current

DISCONTINUED REVOCATION

07/10/2015

Revocation discontinued

DISCONTINUED REVOCATION

05/06/2009

Revocation discontinued

REINSTATED

05/26/2006

REVOKED

11/28/2005

Reinstated — 05/26/2006

Authority Granted

06/12/1997

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.

10+ years in business

25/25
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 PARAMOUNT FREIGHT SYSTEMS, INC. a legitimate freight broker?

PARAMOUNT FREIGHT SYSTEMS, INC. (MC317700) has active broker authority with the FMCSA. Their Trust Score is A (90/95). They have been in business for 22 years, 11 months.

What is their bond status?

PARAMOUNT FREIGHT SYSTEMS, INC. has 1 bond/surety filing(s) on record: BMC-84 — $75,000 (required minimum).

We Do This For Every Broker. On Every Load.

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