← Back to Search

NOT VALIDATED

VELMAX INC

Trust Score

Poor Why this score?

Company CheckVELMAX INC · DOT 1322375

DOT# 1322375 MC# MC-556909 Des Plaines, Illinois

BROKER

★★★★★ Ratings & reviews

Save to favorites Watch, alerts on changes Write a review Add a private note Download PDF report

Create free account →

Free • 30 seconds • Already a member? Log in

Power Units

Drivers

Crashes (24-Month)

None on file

Insurance

Not Rated

Safety Rating

Inspections

Is this your company? Claim your profile →

Just researching? Create a free account →

Deep records on this carrier, only on LoadWrap

Safety & Inspections→ Licensing & Insurance→ Know Your Rights→ VIN Watch & CARB Check→ Get Change Alerts→

Public record

1 events tracked · latest Aug 6, 2026 ↓ Show details ↓

Insurance 1

Current
No active insurance on file.

Public FMCSA record · blue clean · orange change · red risk.

Contact Details

PhoneSign in to view

EmailSign in to view

Physical AddressSign in to view

Broker Surety Bond FMCSA BMC-84/85

Brokers must keep a $75,000 surety bond or trust fund on file with FMCSA. If it lapses, FMCSA revokes the broker’s authority, so an active bond is the key thing a carrier should verify before hauling for a broker.

Bond StatusNot on file

On File (FMCSA)None on file

VerifiedFMCSA · 07/13/2026

Required$75,000 (FMCSA min)

Last checked08/06/2026

TypeSurety Bond (BMC-84)

Surety / TrusteeHUDSON INSURANCE COMPANY

Contact☎ (203) 977-8000
🌐 hudsoninsgroup.com

Bond cancelled Feb 16, 2023 by HUDSON INSURANCE COMPANY. This company's broker authority is not currently active. FMCSA requires every broker to keep a $75,000 bond on file; after a cancellation, operating authority is typically revoked within weeks. Confirm current status in FMCSA's official records before booking.

Bond history

HUDSON INSURANCE COMPANYFeb 2022 to Feb 2023 · CANCELLED

Never get caught by a dead bond. Daily checks, same-day email alerts.

Watch this broker

Other Companies at This Address

Address1585 ELLINWOOD AVE STE 200V, DES PLAINES, IL 60016

Others here

Distinct phones

Active

Company	DOT	Phone	Status
DILPREET BRAR	2236757	Sign in	Active
GO MORE MILES LLC	2244208	Sign in	Active
INVESTMENT GROUP INC OF ILLINOIS	2249871	Sign in	Active
OCTOPUS EXPRESS INC	4570054	Sign in	Active
S & A EXPRESS LTD INC OF ILLINOIS	1869239	Sign in	Inactive
VELMAX INC this company	1322375	Sign in	Inactive

Note: sharing an address is legal and common (registered agents, virtual offices, business centers). A shared address never reduces the Trust Score.

Operating Authorities

DocketMC556909

CommonInactive

ContractNot Active

BrokerInactive

Safety Summary

Safety RatingNot Rated

Total Crashes (24-mo)0

Fatal0

Driver OOS0.0% avg 5.5%

Vehicle OOS0.0% avg 20.7%

SmartWay PartnerNo

Insurance

AmountNone on file

VerifiedFMCSA · 07/13/2026

Last checked08/06/2026

Quick Facts

StatusInactive

TypeBroker

MCS-15002/2023

Safety & Inspection Data

Crash Summary

Total Crashes (24-mo)0

Fatal0

Injury0

Tow-Away0

Driver Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg5.5%

Vehicle Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg20.7%

Licensing & Insurance

Form	Type	Insurance Company	Policy	Coverage	Effective	Cancel Date	Method
91X	BIPD/Primary	AMERICAN INTERNATIONAL UNDERWRITERS INS.(AIU)	SFT 9483279 01	$1,000,000	12/07/2006	04/07/2007	Cancelled
34	CARGO	CANAL INSURANCE CO.	C343843	$0	12/05/2006	04/07/2007	Cancelled
34	CARGO	ACE AMERICAN INSURANCE COMPANY	M00514561 001	$0	04/07/2009	01/06/2010	Cancelled
91X	BIPD/Primary	CANAL INSURANCE CO.	PIA04700001	$750,000	04/07/2009	12/26/2009	Cancelled
34	CARGO	ACE AMERICAN INSURANCE COMPANY	M00512515 001	$0	04/07/2008	04/07/2009	Replaced
91X	BIPD/Primary	THE INSURANCE CO OF THE STATE OF PENNSYLVANIA	SFT 948327903	$750,000	04/07/2008	04/07/2009	Cancelled
91X	BIPD/Primary	THE INSURANCE CO OF THE STATE OF PENNSYLVANIA	SFT 948327902	$1,000,000	04/07/2007	04/07/2008	Replaced
34	CARGO	CANAL INSURANCE CO.	PIA00868901	$0	04/07/2007	04/07/2008	Cancelled
34	CARGO	CANAL INSURANCE CO.	C343843	$0	04/07/2006	12/05/2006	Replaced
34	CARGO	CANAL INSURANCE CO.	C343843	$0	04/07/2006	12/12/2006	Cancelled
91X	BIPD/Primary	ILLINOIS NATIONAL INSURANCE CO.	SFT 948327901	$1,000,000	04/07/2006	12/07/2006	Cancelled
84	SURETY	HUDSON INSURANCE COMPANY	10132406	$0	02/16/2022	02/16/2023	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC556909	COMMON	INVOLUNTARY REVOCATION	11/15/2006	DISCONTINUED REVOCATION	12/06/2006
MC556909	COMMON	INVOLUNTARY REVOCATION	11/13/2006	DISCONTINUED REVOCATION	12/05/2006
MC556909	MOTOR PROPERTY COMMON CARRIER	GRANTED	04/17/2006	REVOKED	01/04/2010
MC556909	COMMON	INVOLUNTARY REVOCATION	03/12/2007	DISCONTINUED REVOCATION	04/03/2007
MC556909	COMMON	INVOLUNTARY REVOCATION	03/12/2007	DISCONTINUED REVOCATION	04/04/2007
MC556909	COMMON	INVOLUNTARY REVOCATION	03/11/2009	DISCONTINUED REVOCATION	04/08/2009
MC556909	COMMON	INVOLUNTARY REVOCATION	03/11/2008	DISCONTINUED REVOCATION	04/08/2008
MC556909	PROPERTY BROKER	GRANTED	02/28/2022	REVOKED	02/22/2023

No revocation records.

Stay ahead of changes

You are checking HUDSON INSURANCE COMPANY today. We can keep watching them for you.

Authority gets revoked, insurance lapses, and a company that looks clean today can change overnight. Create an account, add this company to your list,
and the moment their authority, insurance, safety or contact details change, you see it on your dashboard, or get it by email with Pro.

Add them to your list

Keep this company and every partner you vet in one place you can come back to.

Get a change alert

The moment authority, insurance or safety status moves, you hear about it first.

See the full history

Trust Score over time and the complete authority and insurance timeline, not just today.

20/100

Poor

NOT VERIFIED

Every carrier starts at 100. We subtract points for each missing requirement or risk factor below. Verified means all four core requirements pass.

Score breakdown, from 100 to 20

−25

−15

−10

Starts at 100−80 totalFinal 20

Not active with FMCSA−25

No insurance or bond on file−25

No active operating authority−15

MCS-150 update overdue−10

Operating history unknown−3

No email address on file−2

Verification, 4 core requirements

Active operating authority

USDOT registration is not active (inactive, revoked, or pending).

Authorized for hire

No active for-hire or broker authority on file.

Active insurance on file

No active insurance / coverage amount on file.

Safety rating not Unsatisfactory

No Unsatisfactory rating on file.

What's lowering this score

-25

Not active with FMCSA FAILS VERIFICATION

FMCSA does not show an active USDOT registration / operating authority.

-25

No insurance or bond on file FAILS VERIFICATION

No active insurance or surety bond is recorded with FMCSA, and no active authority that would require it.

-15

No active operating authority FAILS VERIFICATION

No active for-hire (common/contract) or broker authority on file.

-10

MCS-150 update overdue

The required biennial MCS-150 update has not been filed on time (score factor, not a verification failure).

-3

Operating history unknown

No authority grant date on file.

-2

No email address on file

No public email address on record.

How we calculate the Trust Score

Every company starts at 100

We subtract points for each missing requirement or risk factor. Verified means all the core requirements for that company's type pass. Nothing is added back, the score is a deduction model built only on public FMCSA data. No pay-to-play, no opinions.

Requirements differ by company type

Each company is judged fairly on its own FMCSA obligations. Anything that doesn't apply shows as a grey N/A, not required, never a penalty.

Carrier (for-hire)

Operating authority, authorized-for-hire, insurance on file, safety rating.

Broker

Broker authority + $75k surety bond (BMC-84/85). MCS-150 not required (no fleet).

Freight forwarder

FF authority + $75k bond + BOC-3. MCS-150 not required (no trucks).

Private carrier

Active USDOT + MCS-150 + safety. No operating authority / for-hire / insurance filing required (hauls its own goods).

Crashes are scaled, not flat

Crash history is proportional. We don't apply a flat penalty, we scale it to (a) crashes per vehicle in the fleet and (b) the share of those crashes that were fatal. So a big, safe fleet barely moves; a small fleet with many (and fatal) crashes takes a large hit.

0 pts deductedscaled by rate & severityup to −28 pts

Low end

50,000 vehicles + 1 crash → ~0 pts. A huge fleet with very few crashes per vehicle is almost untouched.

High end

5 vehicles + 3 crashes incl. fatal → large deduction (near the −28 cap). Many crashes per truck, fatal-heavy.

Mechanics: deduction is capped at 28 points, weighted roughly 60% on crashes-per-vehicle and 40% on the fatal ratio. Zero crashes = zero deduction. If fleet size is unknown, only crash severity can move the score (conservative).

Out-of-service rate vs. the national average

Driver and vehicle out-of-service rates are measured against the FMCSA national average, not a flat number. A company only takes the deduction when it sits above the national benchmark, for example “Vehicle OOS 37% vs national avg 20.7%”.

Point reference, the full menu

Every factor and exactly how many points it can remove. Knockout factors (they also fail Verification) are marked.

Factor	Points
USDOT / authority not active with FMCSA knockout	−25
Missing operating authority (when required) knockout	−15
No insurance or surety bond on file (when required) knockout	−25
Unsatisfactory safety rating knockout	−30
Conditional safety rating	−12
MCS-150 biennial update overdue (carriers)	−10
Crashes, rate-adjusted (per-vehicle & fatal share)	0 to −28
Driver OOS rate above national average	−5
Vehicle OOS rate above national average	−5
Very new carrier (under 1 year)	−10
Limited operating history (1-3 years)	−6
Moderate operating history (3-5 years)	−3
Operating history unknown	−3
No public phone number	−3
No public email address	−2

All inputs come from public FMCSA records (operating authority, insurance/bond filings, the SAFER/SMS safety profile, crash & inspection reports). If FMCSA updates a record, the score updates with it. For the full deduction table, see the methodology page.

VELMAX INC

Trust Score

Public record

Company Information

Contact Details

Broker Surety Bond FMCSA BMC-84/85

Other Companies at This Address

Operating Authorities

Safety Summary

Insurance

Quick Facts

Safety & Inspection Data

Licensing & Insurance

You are checking HUDSON INSURANCE COMPANY today. We can keep watching them for you.

Add them to your list

Get a change alert

See the full history