BOC-3 Form:
BOC-3 Form or blanket of coverage is filed in the united states that help assign the process agent or broker for accepting all the legal documents of the transportation and logistics company. It is always filed before the operation of the logistics or transportation company.
The process agent has to file the BOC-3 form for the motor carriers online. The companies of freight or logistics without commercial vehicles have to process the BOC-3 form on their own. The BOC-3 form is filed through the FMCSA website.
FMCSA website:
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) is responsible for managing and providing safety for commercial motor vehicles (CMVs), FMCSA’s mission is to protect the vehicles involving large buses and trucks from crashes, and injuries.
Process agent:
The process agent is the acting person between the shipment and carrier. They do not take possession of the shipment. They just communicate between the shipper and the carrier or broker BOC-3. An agent is essentially an individual or business organization appointed by your business who is authorized to receive legal documents on your behalf. The agents are responsible to file the FMCSA’s approved BOC-3 form according to the rules and regulations of the FMCSA. When selecting the right agent always look for a professional and trained person, who is in service of transport with basic knowledge of each and everything. The person should also be responsible enough to ensure the safety of the official documents.
You must choose the true service provider with the permitted requirements, with the necessary tools and alerts to help you be aware of important obligations, without additional charges.
Fee and Charges:
The professional and FMCSA-registered broker may cost from 25 dollars to 100 dollars, depending upon the services. The charges vary from service to service. Some brokers charge on an annual basis and some charge a one-time fee upon filling out the BOC-3 form.
Procedure of Boc-3 Form:
Form BOC-3 must be filed under 49 CFR 366. After filing the FMCSA-approved form the FMCSA is responsible to issue authority. After the grant of authority, the documents are normally sent within 3-4 business days. If the documents are not received by the specified person within 10 days then FMCSA should be contacted.
The broker or carrier is not allowed to get the authority of the logistics or freight until the BOC-3 form is not filed through the right and regulatory rules.
Benefits:
Hiring a BOC-3 form filing process agent will be beneficial, with the help of this support your company will perform efficiently. They know the needs and the questions to be asked for filing the BOC-3 form. This procedure is time-saving and efficient for registering the transport company or a single freight. The filing of the BOC-3 form also helps you with the effects of any harm to your logistics. In short, you get the license for your transport company and motor carriers.
Consequences:
The BOC-3 form should be filed by the designated and authorized agent by the FMCSA. This is a matter of legal processing and documentation, that needs special care assistance. Choosing the wrong agent for filing the BOC-3 form could lead to punishment for you and your business. In the end not following the rules and regulations the penalty will be charged upon you and your company. So, to avoid any after consequences of not following the legal rules and regulations, the broker, carrier, or freight forward must ensure to find out a professional process agent for filing the BOC-3 form.