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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.

ECONOMICAL FREIGHT SOLUTIONS INC

DBA: EFSI

MC979589 · DOT 02891978 · BRAMPTON, ON

+1 (905) 793-5556JEANIE@EFSIGROUP.COMFMCSA SAFER

Trust Score

A89 / 100Excellent — well-established, fully compliant broker

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Owner / Officer
RAJDAI RAJNARAIN-KHAN
Classification
AUTHORIZED FOR HIRE
Authority Granted
Mar 2019
Fleet Size
0 units (Pure brokerage)
MCS-150 Updated
Jul 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.
9 years, 8 months
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.
DOTPROCESSAGENTS.COM LLC, NORMAN, OK
BMC-84$75,000 (required minimum)

MERCHANTS NATIONAL BONDING, INC · 03/14/2019

History & Compliance

Active

Current

GRANTED

03/14/2019

03/14/2019

DISMISSED

08/30/2016

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.

5-10 years in business

16/20
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.

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
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 ECONOMICAL FREIGHT SOLUTIONS INC a legitimate freight broker?

ECONOMICAL FREIGHT SOLUTIONS INC (MC979589) has active broker authority with the FMCSA. Their Trust Score is A (89/100). They have been in business for 9 years, 8 months. The company officer is RAJDAI RAJNARAIN-KHAN. Registered with FMCSA since May 2016.

What is their bond status?

ECONOMICAL FREIGHT SOLUTIONS INC has 1 bond/surety filing(s) on record: 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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