For many individuals, paying a bond of this type is a prerequisite for resolving personal issues and progressing through life with alacrity and success. Failing to secure a mandatory bond can expose a person to a dizzying array of civil and criminal penalties. Surety bond companies are particularly cherished by freight brokers. Operating with a profit margin that is typically quite modest, the typical freight broker must work quite hard to maintain a middle-class existence.
As a fair number of economic experts have convincingly argued, the freight industry could use some deregulation. Onerous regulatory requirements have artificially limited the number of freight brokers operating at any given time. In so many of this nation’s industries, well-meaning regulators have stifled economic growth through needless obstructionism. Hopefully, the public will learn to demand greater accountability from the civil servants responsible for managing the freight industry.
Thanks to growing savvy on the part of this nation’s citizens, it is exceedingly likely that the long era of big government intrusion is coming to an end. It is all too clear now that government bureaucracy can cause complications for surety bond companies and their freight broker customers. Such companies do too much good to deserve the lack of respect they currently face in the public sector. Visit us today to secure a bond from the experts at SP Bonds.