TERM

TERM FMCSA Definition – “Cargo Tank Facility”

Cargo Tank Facility An entity that: Manufactures, repairs, inspects, tests, qualifies, or maintains a cargo tank to ensure that the…

4 years ago

TERM FMCSA Definition – “Government Entity”

Government Entity A U.S. Federal Government agency, State Government agency, local Government agency or Indian Tribe.

4 years ago

TERM FMCSA Definition – “Freight Forwarder”

Freight Forwarder An entity that holds itself out to provide transportation of cargo belonging to others, using for-hire motor carriers…

4 years ago

TERM FMCSA Definition – “Property Broker”

Property Broker An entity that arranges for the interstate transportation of cargo belonging to others, using for-hire motor carriers subject…

4 years ago

TERM FMCSA Definition – “Private Motor Carrier”

Private Motor Carrier Interstate Transportation by commercial motor vehicle, not for compensation, as defined in 49 CFR part 390. Property (Hazardous…

4 years ago

TERM FMCSA Definition – “For-Hire Motor Carrier”

For-Hire Motor Carrier Transportation by a motor carrier for compensation, including: Property - Transportation of general freight, hazardous materials or household…

4 years ago

TERM FMCSA Definition – “Trust “

Trust A relationship whereby property (real or personal, tangible or intangible) is transferred by one party (settlor) to be held…

4 years ago

TERM FMCSA Definition – “Limited Liability Partnership (LLP)”

Limited Liability Partnership (LLP) A partnership in which some or all partners (depending on the jurisdiction) have limited liability. In…

4 years ago

TERM FMCSA Definition – “Unit of State or Local Government”

Unit of State or Local Government Any department or agency of the federal government, any state or any agency, office…

4 years ago

TERM FMCSA Definition – “Limited Liability Company”

Limited Liability Company A business structure type that combines corporation limited personal liability with partnership or sole proprietorship single taxation.…

4 years ago