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VALIDATED

PREFERRED TRANSIT INC

Trust Score

Excellent Why this score?

Company CheckPREFERRED TRANSIT INC · DOT 2214208

DBA: PREFERRED TRANSPORTATION INC

291 US HIGHWAY 22 SUITE 37, LEBANON, NJ, 08833

DOT# 2214208 MC# 210317 Lebanon, New Jersey 37 years

BROKER

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Power Units

Drivers

Crashes (24-Month)

$75,000 bond

Insurance

Not Rated

Safety Rating

Inspections

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Contact Details

PhoneSign in to view

EmailSign in to view

Physical Address291 US HIGHWAY 22 SUITE 37, LEBANON, NJ, 08833

Mailing AddressPO BOX 5261, PHILLIPSBURG, NJ, 08865

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 StatusActive

On File (FMCSA)$75,000

VerifiedFMCSA · 06/13/2026

Required$75,000 (FMCSA min)

Last checked08/30/2026

TypeSurety Bond (BMC-84)

Surety / TrusteeSURETEC INSURANCE COMPANY

Contact☎ (818) 867-6900
🌐 suretec.com

Filings on record13

Bond history

SURETEC INSURANCE COMPANYsince Oct 1, 2023 · active

GRAY CASUALTY & SURETY COMPANYOct 2021 to Oct 2023 · CANCELLED

SURETEC INSURANCE COMPANYOct 2014 to Oct 2021 · replaced

GREAT AMERICAN INSURANCE CO.Oct 2013 to Oct 2014 · replaced

PACIFIC FINANCIAL ASSOCIATION, INC.Jul 2010 to Oct 2013 · replaced

HARTFORD FIRE INSURANCE COMPANYJun 2008 to Jun 2008 · replaced

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Other Companies at This Address

Address291 US HIGHWAY 22 SUITE 37, LEBANON, NJ 08833

Others here

Distinct phones

Active

Company	DOT	Phone	Status
CORPORATE INCENTIVES INC	4555742	Sign in	Active
PREFERRED TRANSIT INC this company	2214208	Sign in	Active

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

Operating Authorities

Authority TypeAUTHORIZED FOR HIRE

Carrier OperationC - Intrastate (Non-Hazmat)

DocketMC210317

CommonNot Active

ContractNot Active

BrokerActive

Operating37 years

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

Amount$75,000 bond

Type84

VerifiedFMCSA · 06/13/2026

CompanySURETEC INSURANCE COMPANY

Policy #3519492

Last checked08/30/2026

Quick Facts

StatusActive

TypeBroker

Operating37 years

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
84	SURETY	HARTFORD FIRE INSURANCE COMPANY	13BSBAP2273	$0	12/31/2004	06/19/2008	Replaced
84	SURETY	GRAY CASUALTY & SURETY COMPANY	GSC0603228	$0	10/01/2021	10/01/2023	Cancelled
84	SURETY	SURETEC INSURANCE COMPANY	3369318	$0	10/01/2014	10/01/2021	Replaced
84	SURETY	SURETEC INSURANCE COMPANY	3369318	$0	10/01/2014	10/14/2021	Cancelled
84	SURETY	GREAT AMERICAN INSURANCE CO.	2409897	$0	10/01/2013	10/01/2014	Replaced
84	SURETY	GREAT AMERICAN INSURANCE CO.	2409897	$0	10/01/2013	10/25/2014	Cancelled
84	SURETY	CONTINENTAL CASUALTY CO.	158895187	$0	08/12/1997	12/31/2004	Replaced
84	SURETY	THE CONTINENTAL INSURANCE CO.	1117912	$0	08/12/1988	08/12/1997	Replaced
85	TRUST FUND	PACIFIC FINANCIAL ASSOCIATION, INC.	NONE	$0	07/23/2010	10/01/2013	Replaced
85	TRUST FUND	PACIFIC FINANCIAL ASSOCIATION, INC.	NONE	$0	07/23/2010	10/27/2013	Cancelled
84	SURETY	HARTFORD FIRE INSURANCE COMPANY	13BSBED3100	$0	06/19/2008	06/19/2008	Replaced
84	SURETY	HARTFORD FIRE INSURANCE COMPANY	13BSBED3100	$0	06/19/2008	07/23/2010	Replaced
84	SURETY	HARTFORD FIRE INSURANCE COMPANY	13BSBED3100	$0	06/19/2008	07/30/2010	Cancelled
91X	BIPD/Primary	HOUSTON SPECIALTY INSURANCE COMPANY	RT-HSIC-CA-0000160-00	$750,000	06/18/2020	07/17/2020	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC210317	BROKER	INVOLUNTARY REVOCATION	11/14/2005	DISCONTINUED REVOCATION	11/23/2005
MC210317	PROPERTY BROKER	GRANTED	11/14/1988	TRANSFERRED	06/15/1993
MC210317	BROKER	INVOLUNTARY REVOCATION	09/30/2013	DISCONTINUED REVOCATION	10/04/2013
MC210317	BROKER	INVOLUNTARY REVOCATION	09/05/2023	DISCONTINUED REVOCATION	09/22/2023
MC210317	PROPERTY BROKER	GRANTED	07/23/1993	-	-
MC210317	BROKER	INVOLUNTARY REVOCATION	07/06/2010	DISCONTINUED REVOCATION	07/26/2010

No revocation records.

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

98/100

Excellent

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 98

Starts at 100−2 totalFinal 98

No email address on file−2

Verification, 4 core requirements

Active operating authority

FMCSA shows the USDOT registration and authority are active.

Active broker authority

Holds active broker authority.

Broker bond (BMC-84) on file

Active broker authority on file, FMCSA requires a BMC-84 surety bond ($75K) to keep it active.

Safety rating not Unsatisfactory

No Unsatisfactory rating on file.

What's lowering this score

-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.

PREFERRED TRANSIT INC

Trust Score

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

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