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Last reviewed: Next review due: Reflects current Rhode Island freight broker bond requirements
2026 Requirements Verified
America's Smallest State, One of Its Busiest Ports

Rhode Island Freight Broker Bond$75,000 BMC-84 — No Second RI Bond

Rhode Island covers barely 1,034 square miles — you could fit it inside Texas over 200 times — yet Quonset Point's Port of Davisville ranks among North America's top auto-import ports, moving over 300,000 vehicles a year. Brokering that freight, or any freight through the state, still runs on one bond: the $75,000 federal BMC-84 filed under 49 U.S.C. § 13906(b) and 49 CFR § 387.307. Rhode Island's own carrier bond statute, § 39-12-27, applies to trucking carriers — not brokers.

$75,000
Federal BMC-84
49 CFR § 387.307
None
Rhode Island Broker Bond
§ 39-12-27 covers carriers only
1,034 mi²
Land Area
Smallest U.S. state
300,000+
Quonset Vehicle Imports
Per year, Port of Davisville

BMC-84 quote — 2-minute form, 24-hr turnaround

Official Federal (FMCSA) Requirements

"A broker shall provide a surety bond, trust fund agreement, or other financial security in the amount of $75,000 in a form, manner, and amount as the Secretary may prescribe."
Federal Motor Carrier Safety Administration — 49 CFR § 387.307, implementing 49 U.S.C. § 13906(b)49 CFR § 387.307
A Niche Most Brokers Never Discover

Quonset Point: A Top-10 Auto-Import Port Hiding Inside America's Smallest State

Quonset Business Park in North Kingstown runs the Port of Davisville, which the Quonset Development Corporation — the quasi-public state authority that operates the park — ranks among the ten busiest vehicle-import ports in North America. The port has four ship berths and more than 60 acres of terminal storage, and in a strong year it discharges well over 300,000 imported vehicles, up sharply from roughly 240,000 the year before. On peak unload days, terminal crews can move thousands of vehicles off ship in a single day.

Every one of those vehicles has to move again once it clears customs and dealer allocation — onto a car hauler, bound for a dealership somewhere in New England or further down the Eastern Seaboard. That inland leg is where a Rhode Island broker can build a real niche. Car-hauler dispatch is a different discipline than general freight: hauler capacity is specialized and comparatively scarce, damage-claim documentation on a $30,000 vehicle is far stricter than on a pallet of dry goods, and volume swings hard with new-model-year ship schedules rather than running level year-round.

What This Means for Underwriting

A broker whose book is concentrated in Quonset auto-import drayage should expect a surety to ask more pointed questions about car-hauler carrier vetting and cargo-damage claims history than a broker running general dry-van freight — the exposure per load is higher even though the bond amount is identical.

Ready to get bonded and start booking Quonset auto-import, Providence-corridor, or Port of Providence freight? We file your BMC-84 directly with the FMCSA.

The One-Hour-State Advantage

Why Rhode Island's Size Turns "Regional" Freight Into a Statewide Book

Rhode Island runs about 48 miles north-to-south and 37 miles east-to-west — small enough that a Providence-based broker can realistically reach almost any pickup or delivery point in the state within roughly an hour's drive, whether that's Woonsocket near the Massachusetts line, Westerly on the Connecticut border, or Newport out on Aquidneck Island. Brokers in larger states build carrier networks around regional zones; a Rhode Island broker can treat the entire state as a single dispatch radius, which simplifies carrier scheduling but also means there's a real ceiling on how much purely in-state capacity exists.

That's why most Rhode Island brokers build their carrier bench around the I-95 corridor that runs the length of the state between the Connecticut and Massachusetts lines, plus I-195 feeding east toward Fall River and New Bedford. Both interstates connect directly into the same carrier pools serving Connecticut and Massachusetts, so a Rhode Island broker's practical capacity extends well beyond the state's own small trucking base — which matters, because relying only on in-state carriers would leave a broker capacity-constrained the moment volume spikes.

Port of Providence: The State's Other Freight Gateway

Beyond Quonset's auto imports, the Port of Providence at the head of Narragansett Bay handles bulk and break-bulk cargo — petroleum products, scrap metal, aggregate, and project cargo. Brokers arranging inland moves from either port work under the identical $75,000 BMC-84 — the bond amount doesn't change by cargo type or port, only the carrier relationships and documentation the load demands.

The Statute Brokers Search For — and Don't Need

R.I. Gen. Laws § 39-12-27 Is a Carrier Bond, Not a Broker Bond

R.I. Gen. Laws Chapter 39-12, "Motor Carriers of Property," is the statute Rhode Island brokers most often stumble across when searching for state bonding rules — and it does contain a bond requirement. Section 39-12-27, "Security for protection of the public," requires any motor carrier holding a certificate of public convenience and necessity (common carriers) or a permit (contract carriers) to file either an insurance certificate or a $100,000 bond with the Rhode Island general treasurer, on top of minimum liability coverage. The table below separates what actually applies to a property broker from what applies to a Rhode Island-regulated trucking carrier.

Producer Insight: Confirm You're Actually a Broker, Not a Carrier

Some Rhode Island logistics operations run both — brokering the majority of loads while also operating a small local fleet, particularly around Quonset drayage. If that's your setup, your BMC-84 covers the brokerage side, but the trucking side needs its own Chapter 39-12 certificate or permit and the § 39-12-27 security filing with the general treasurer. Keep the two operations documented separately — a surety or FMCSA compliance reviewer will ask which hat you're wearing on any given load.

Rhode Island Freight Broker Bond Cost

The $75,000 BMC-84 is priced as a percentage of face value — you never pay $75,000, only the annual premium. Pricing is driven by personal credit, not geography; see our freight broker bond cost by state guide and surety bond cost overview for broader context.

Financial Security Now Enforced Live

Since the FMCSA's extended compliance date passed, the agency can suspend your authority the moment your BMC-84's available security drops below $75,000 — including after a claim payout. Keeping your bond current isn't just a renewal reminder anymore; it's the difference between staying ACTIVE and going dark on SAFER mid-lane.

Getting BMC-84 Broker Authority From a Rhode Island Address

Rhode Island participates in the national Unified Carrier Registration program under 49 U.S.C. § 14504a, which covers brokers and freight forwarders alongside carriers. Brokers register in the lowest bracket (0–2 vehicles, since a broker runs no fleet of its own), priced at $46 for 2026 by the UCR Board — unchanged from 2025. That's a federal registration fee, not a bond, filed with Rhode Island as your base state.

Rhode Island-Specific Steps

  1. 1

    Register annually for UCR

    $46 for 2026, base state Rhode Island — separate from your BMC-84 renewal date

Rhode Island Freight Broker Bond — Frequently Asked Questions

Questions specific to Rhode Island brokers, the § 39-12-27 carrier-bond distinction, and Quonset Point's auto-import niche

Does Rhode Island require its own freight broker bond, separate from the federal BMC-84?

No — and this is the single most common point of confusion for Rhode Island brokers researching state requirements. R.I. Gen. Laws Chapter 39-12 (Motor Carriers of Property) does contain a bonding statute, § 39-12-27, "Security for protection of the public," but it applies to motor carriers holding a certificate of public convenience and necessity or a contract carrier permit — businesses that physically operate trucks on Rhode Island highways. It requires those carriers to file either an insurance certificate or a $100,000 bond with the general treasurer, plus minimum liability coverage ($250,000 bodily injury per person, $500,000 per accident, $25,000 property damage, $25,000 cargo). A pure freight broker — one who arranges transportation but never dispatches a truck under its own authority — doesn't hold a Chapter 39-12 certificate or permit and isn't subject to § 39-12-27. The only bond a Rhode Island-based broker actually needs is the $75,000 BMC-84 filed with the FMCSA under 49 U.S.C. § 13906(b) and 49 CFR § 387.307.

Why does Quonset Point matter for a Rhode Island freight broker's book of business?

Quonset Business Park's Port of Davisville is one of North America's top-10 auto-import ports, moving well over 300,000 vehicles a year across four berths and more than 60 acres of terminal storage — a volume most brokers wouldn't expect from a state this small. Every one of those vehicles needs an inland move once it clears customs and dealer allocation, which creates a specific brokering niche: car-hauler dispatch out of North Kingstown to dealer networks across New England and beyond. That's a fundamentally different skill set than general dry-van freight — hauler capacity is tighter, damage-claim documentation is stricter, and volume swings hard with new-model-year ship schedules. A broker who builds relationships with the car-hauler carriers working Quonset has a defensible niche that most national brokers never bother to learn.

Is the FMCSA's broker financial-responsibility rule (88 FR 78656) actually being enforced now?

Yes. FMCSA finalized the rule implementing 49 U.S.C. § 13906(b) and (c) on November 16, 2023 (88 FR 78656), giving the agency authority to suspend a broker's or freight forwarder's operating authority the moment its available financial security — the BMC-84 bond or a BMC-85 trust — drops below $75,000, even temporarily. FMCSA originally set a January 16, 2025 compliance date, then extended it a full year to align every provision of the rule under one effective date (89 FR 107021, published December 31, 2024). That extended date has passed, so a Rhode Island broker whose BMC-84 lapses, or whose surety pays a claim that drops available security under $75,000, is now subject to real-time suspension on SAFER — not a future risk, an active enforcement mechanism today.

Does operating out of the smallest state give a Rhode Island broker any real advantage?

It changes the shape of the job more than it changes the bond. Rhode Island covers about 1,034 square miles — you can drive from the Connecticut line to the Massachusetts line, or from Woonsocket to Westerly, in under an hour on most days. That means a Providence-based broker can realistically run a statewide book without the regional-zone thinking that brokers in larger states rely on: one carrier relationship in Providence can plausibly cover a pickup in Newport and a delivery in Woonsocket the same afternoon. The tradeoff is that Rhode Island's carrier base is small and concentrated, so a broker leaning entirely on in-state capacity will hit a ceiling fast — most Rhode Island brokers build their carrier network around the I-95 corridor, pulling capacity from Connecticut and Massachusetts carriers who already run the corridor daily, rather than trying to source everything locally.

What is the Rhode Island UCR fee, and does a broker have to pay it?

Yes. Rhode Island participates in the federal Unified Carrier Registration program under 49 U.S.C. § 14504a, and UCR explicitly covers brokers and freight forwarders — not just carriers. Brokers register in the lowest bracket (0–2 commercial motor vehicles, since a broker doesn't operate its own fleet), which the UCR Board set at $46 for 2026, unchanged from 2025. This is a separate federal registration and fee, not a bond, and it funds interstate motor-carrier safety enforcement rather than broker-carrier payment protection. It's filed annually through the national UCR registration system with Rhode Island as your base state — it doesn't layer any additional state broker bond on top of your BMC-84.

What does a Rhode Island broker file for UCR, and how wide should the BOC-3 reach?

UCR is filed annually through the national system — $46 for 2026 at the broker bracket. Rhode Island is compact enough that most brokers here touch neighboring markets on nearly every load, so BOC-3 designations typically cover all of New England plus New York and New Jersey. The federal sequence itself is identical in every state and is walked through step by step in our guide to getting freight broker authority.
Eric Drummond, Licensed Surety Producer
Reviewed by
Eric Drummond, Licensed Surety Producer

All content is researched from official state and federal sources (.gov) and verified before publication. BuySuretyBonds.com works with Treasury-certified, A-minimum rated surety carriers serving all 50 states.

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