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Volume 4 – Number 4 – April 5th, 2022
FUELING UP

As an exhibitor at the TIA 2022 Capital Ideas Conference & Exhibition this week, we’re looking forward to seeing those of you who plan to be part of the great 3PL family that’s coming together in San Diego. TIA 2022 gives us the chance to connect, find out more about your company and how we can protect your business and ensure your success! We’re keen to let you know what sets us apart – and how we are committed to providing you with the most trusted transportation surety bonds, insurance products and service for the life of your business. If you’re in San Diego, drop by our booth #619 at TIA 2022 Thursday, April 7th from 6 p.m.-8 p.m. to be eligible to win a beautiful set of Apple Air Pods. We also want to help you raise a toast to YOUR SUCCESS! Come by booth #619 on Friday, April 8th 11 a.m. to 2 p.m. and 5 p.m. to 7 p.m. and we’ll make sure that you’re entered for our special PFA prize draw for a bottle of world-renowned Don Julio 1942 Tequila. Imagine drinking a toast to your logistics business success in style! See you at TIA 2022!

ROADMAP TO SUCCESS

In order to transport military freight, the Department of Defense requires that all freight carriers have DoD bonds. They’re mandated as such by a wing of the military called the Surface Deployment and Distribution Command (SDDC). It could be a tremendous new business opportunity and we can help set you up for success. The bond amount is based on the size of your company and how many states you serve. Carriers that have already worked with the DoD for three or more years can submit a bond. A Standard Carrier Alpha Code (SCAC) is required to complete the SDDC bonding process. A SCAC is a 2 to 4 letter code issued by the National Motor Freight Traffic Association (NMFTA) to identify transportation companies. The SDDC requires a separate performance bond for each SCAC. A bond in the amount of $25,000 is required for business in one state. Two to three states require a $50,000 bond while four or more is covered by a bond of $100,000.

On the subject of specialized bonds: Take note if you’re a company that offers pension plans or profit-sharing programs as employee benefits.  These programs are managed by fiduciaries, appointed individuals associated with that company. The appointed fiduciaries are required by law to be bonded as per the Pension Reform Act of 1974.  Fiduciaries of a pension or profit-sharing fund are required to post a bond for 10% of the amount of funds handled.  Our team at PFA provide full bonding needs for appointed fiduciaries of a pension or a profit-sharing fund.  It’s easy to apply for coverage and we’d be happy to service your bonding needs. 

Get started today on DoD bonds or Pension bonds by emailing us at pgoetsch@pfaprotects.com or by calling Pam at 1-623-248-6336 or at our Toll Free number of 1-800-595-2615.

A HELPFUL PIT STOP

Are you having cash flow issues? Here’s just a reminder that factoring can be a positive solution. There are several options in the marketplace and PFA can provide you with a referral.

ENSURING YOUR SUCCESS

Our on-site claims processing professionals are experts who can save you time and money. They’re a big part of what sets our team at PFA apart from the crowd. Isn’t it time you considered PFA as your full-service solution provider in transportation insurance and surety services? Call us today or for more on our in-house claims department, click here. And if all you’ve got is five minutes, watch PFA TV as our Chief Executive Officer Daniel Larson speaks plainly about the advantages of our in-house claims department. 

YOUR EXPERT NAVIGATORS
We’re proud of our experienced and dedicated team at PFA, including our Chief Operating Officer Susan Hennesy Griffin. She brings together 13 years of freight broker claims management expertise with hands-on legal experience spanning more than 20 years in a variety of leadership roles. Susan has built her multi-dimensional career on a demonstrated capacity to work with 360 degrees of individuals – from customers and peers to partners and support staff. Her roots with the PFA family date back to 2007 when she became Claims Manager overseeing the administration of claims for the largest provider of transportation broker surety instruments in the nation. For more than a decade, her claims administration staff has served over 4,500 brokers annually, processing 10,000 claims each year under her leadership. For more on Susan and our team here at PFA, visit pfaprotects.com/20-years-of-pfa
INFORMING YOUR JOURNEY
We believe it’s important to be well-informed on what you need or don’t need in transportation insurance. We also don’t want you to miss out on another contract because you don’t have the proper insurance in place. Call us today about getting contingent cargo insurance. It’s required by many shippers and can be the difference between new business and missing out. We offer every insurance product a successful freight brokerage operation like yours needs. Our commercial insurance advisors are experts who can walk you through the process and make sure that you get What You Need. When You Need It.
LIVING IN THE FAST LANE:  OUR TRANSPORTATION FAMILY
We’re here to not only protect your business, but to ensure your success. That’s why we work so hard to make sure you are plugged in to the latest trends and developments in transportation and surety. Check out our website for more, including our white papers and blogs, our short and snappy PFA TV videos and PFA Protects: The Transportation Insurance & Surety Podcast. Also follow us at PFA Protects on Facebook and Twitter.

Keeping supply chains in the Fast Lane:

Supply chains are a huge concern for anyone in the logistics industry. John Gallagher of FreightWaves checks in on the latest: White House unveils freight data exchange to bolster supply chains - FreightWave
COMING UP
April 7-9, 2022
TIA 2022 Capital Ideas Conference & Exhibition
Sponsored by Transportation Intermediaries Association
Marriott Marquis San Diego Marina

Apr 10-12, 2022
Education Management Conference and Exhibition
Sponsored by National Private Truck Council
Hilton Netherland Plaza, Cincinnati, Ohio

Apr 12-14, 2022
Facilities Engineering Seminar & Expo
Sponsored by American Association of Port Authorities
The DeSoto, Savannah, Ga.

Apr 21-23, 2022
Truck World Annual Show
International Center, Mississauga, Ont. Canada

Apr 24-26, 2022
National Tank Truck Carriers Annual Conference & Exhibits
Hilton San Diego Bayfront

Apr 24-26, 2022
Trucking Profitability Strategies Conference
Sponsored by University of Georgia-Terry College of Business
University of Georgia Center for Continuing Education & Hotel – Athens, Ga.

Apr 25-29, 2022
Special Carriers & Rigging Association Annual Conference
Omni Shoreham Hotel, Washington, D.C.

Apr 25-29, 2022
American Association of Port Authorities MTMT and EMC
Savannah, Ga. Police Auditorium

May 11-14, 2022 
Transportation Lawyers Association
Williamsburg, VA
REACHING YOUR DESTINATION
Any questions as to how we can help you get What You Need. When You Need It? Email us at webinfo@PFAprotects.com  or call us today at 800-595-2615.
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Copyright © 2022 Pacific Financial Association, Inc., All rights reserved.


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PFA Transportation Insurance & Surety Services · 22601 N 19th Ave Ste 202 · Phoenix, AZ 85027-1321 · USA