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VALIDATED

DRAKE TRANS INC

Trust Score

98 Excellent
Excellent Why this score?
Company CheckDRAKE TRANS INC · DOT 2227734
5612 COMMERCE COURT, SHERWOOD, AR, 72120
DOT# 2227734 MC# 406591 Sherwood, Arkansas 24 years
BROKER
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0
Power Units
0
Drivers
0
Crashes (24-Month)
$75,000 bond
Insurance
Not Rated
Safety Rating
0
Inspections
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Company Information

Legal NameDRAKE TRANS INC
DOT Number2227734
MC Number406591
Entity TypeBroker
Operating StatusA - Active
LocationSherwood, Arkansas
Added11/19/2011

Contact Details

Physical Address5612 COMMERCE COURT, SHERWOOD, AR, 72120
Mailing Address5612 COMMERCE COURT, SHERWOOD, AR, 72120

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 · 07/11/2026
Required$75,000 (FMCSA min)
Last checked09/11/2026
TypeSurety Bond (BMC-84)
Surety / TrusteeAMERICAN ALTERNATIVE INSURANCE CORPORATION
Filings on record6
Bond history
AMERICAN ALTERNATIVE INSURANCE CORPORATIONsince Feb 28, 2026 · active
AMERICAN ALTERNATIVE INSURANCE CORPORATIONJan 2013 to Oct 2013 · replaced
AMERICAN ALTERNATIVE INSURANCE CORPORATIONFeb 2012 to Jan 2013 · replaced
METROPOLITAN NATIONAL BANKApr 2011 to Feb 2012 · replaced
METROPOLITAN NATIONAL BANKJan 2008 to Apr 2011 · replaced
REGIONS BANKMay 2001 to Mar 2002 · replaced
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Operating Authorities

Authority TypeAUTHORIZED FOR HIRE
Carrier OperationC - Intrastate (Non-Hazmat)
DocketMC406591
CommonNot Active
ContractNot Active
BrokerActive
Operating24 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 · 07/11/2026
CompanyAMERICAN ALTERNATIVE INSURANCE CORPORATION
Policy #20130116872
Last checked09/11/2026

Quick Facts

StatusActive
TypeBroker
Operating24 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%
Detailed Inspection Report

Licensing & Insurance

FormTypeInsurance CompanyPolicyCoverageEffectiveCancel DateMethod
85TRUST FUNDREGIONS BANKNONE$005/08/200103/07/2002Name Changed
85TRUST FUNDMETROPOLITAN NATIONAL BANKNONE$004/27/201102/15/2012Replaced
85TRUST FUNDREGIONS BANKNONE$004/08/200212/20/2007Cancelled
84SURETYAMERICAN ALTERNATIVE INSURANCE CORPORATION20120214497$002/15/201201/17/2013Replaced
84SURETYAMERICAN ALTERNATIVE INSURANCE CORPORATION20130116872$001/17/201310/01/2013Replaced
85TRUST FUNDMETROPOLITAN NATIONAL BANK10245269$001/10/200804/26/2011Name Changed

No active insurance policies.

DocketTypeActionServedDispositionDisp Date
MC406591PROPERTY BROKERREINSTATED05/03/2011--
MC406591PROPERTY BROKERGRANTED04/02/2002REVOKED04/25/2002
MC406591PROPERTY BROKERGRANTED03/02/2002REVOKED-
MC406591PROPERTY BROKERREINSTATED01/23/2008DISCONTINUED REVOCATION04/26/2011

No revocation records.

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