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MORPEX LLC

Trust Score

Fair Why this score?

Company CheckMORPEX LLC · DOT 2916472

2066 SWANPORT LN, MONROE, NC, 28110

DOT# 2916472 MC# 982792 Monroe, North Carolina 9 years

BROKER

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Power Units

Drivers

Crashes (24-Month)

Not reported

Insurance

Not Rated

Safety Rating

Inspections

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Contact Details

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Physical Address2066 SWANPORT LN, MONROE, NC, 28110

Mailing Address2066 SWANPORT LN, MONROE, NC, 28110

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

Required$75,000 (FMCSA min)

Last checked08/09/2026

TypeSurety Bond (BMC-84)

Last filing on record01/28/2023

Surety / TrusteeGRAY CASUALTY & SURETY COMPANY

Contact☎ (504) 754-6711
🌐 graysurety.com

Bond cancelled Jan 29, 2024 by GRAY CASUALTY & SURETY 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

GRAY CASUALTY & SURETY COMPANYJan 2023 to Jan 2024 · CANCELLED

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Operating Authorities

DocketMC982792

CommonInactive

ContractNot Active

BrokerInactive

Operating9 years

Quick Facts

StatusActive

TypeBroker

Operating9 years

MCS-15002/2023

Licensing & Insurance

Form	Type	Insurance Company	Policy	Coverage	Effective	Cancel Date	Method
91X	BIPD/Primary	STONEWOOD INSURANCE COMPANY	JST1001045	$750,000	12/19/2016	02/03/2017	Replaced
91X	BIPD/Primary	STONEWOOD INSURANCE COMPANY	JST1001045	$750,000	12/19/2016	03/06/2017	Name Changed
91X	BIPD/Primary	PROGRESSIVE SOUTHEASTERN INSURANCE COMPANY	CA961814280	$1,000,000	09/26/2022	03/03/2023	Cancelled
91X	BIPD/Primary	INCLINE CASUALTY COMPANY	NINC 006488	$1,000,000	09/26/2021	01/25/2022	Replaced
91X	BIPD/Primary	INCLINE CASUALTY COMPANY	NINC 006488	$1,000,000	09/26/2021	02/22/2022	Cancelled
91X	BIPD/Primary	AMGUARD INSURANCE COMPANY	NCFR 109710	$1,000,000	09/26/2020	09/26/2021	Cancelled
91X	BIPD/Primary	PROGRESSIVE SOUTHEASTERN INSURANCE COMPANY	CA 1124289	$750,000	09/26/2019	09/26/2020	Replaced
91X	BIPD/Primary	INTEGON INDEMNITY CORPORATION	2005614708	$750,000	09/26/2018	09/26/2019	Replaced
91X	BIPD/Primary	INTEGON INDEMNITY CORPORATION	2005614708	$750,000	09/26/2018	10/16/2019	Cancelled
91X	BIPD/Primary	INTEGON INDEMNITY CORPORATION	2005614708	$750,000	09/26/2017	09/26/2018	Cancelled
91X	BIPD/Primary	STONEWOOD INSURANCE COMPANY	JST1001045	$750,000	09/26/2016	11/21/2016	Name Changed
91X	BIPD/Primary	STONEWOOD INSURANCE COMPANY	JST1001045	$750,000	02/03/2017	09/26/2017	Cancelled
84	SURETY	GRAY CASUALTY & SURETY COMPANY	GSC0604868	$0	01/28/2023	01/29/2024	Cancelled
91X	BIPD/Primary	INCLINE CASUALTY COMPANY	NINC 006488	$1,000,000	01/25/2022	09/26/2022	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC982792	MOTOR PROPERTY COMMON CARRIER	REINSTATED	12/22/2016	REVOKED	02/21/2023
MC982792	MOTOR PROPERTY COMMON CARRIER	GRANTED	09/30/2016	REVOKED	11/23/2016
MC982792	COMMON	INVOLUNTARY REVOCATION	09/19/2019	DISCONTINUED REVOCATION	09/23/2019
MC982792	COMMON	INVOLUNTARY REVOCATION	08/30/2022	DISCONTINUED REVOCATION	09/22/2022
MC982792	COMMON	INVOLUNTARY REVOCATION	08/30/2021	DISCONTINUED REVOCATION	09/28/2021
MC982792	COMMON	INVOLUNTARY REVOCATION	08/30/2018	DISCONTINUED REVOCATION	09/11/2018
MC982792	COMMON	INVOLUNTARY REVOCATION	08/30/2017	DISCONTINUED REVOCATION	09/22/2017
MC982792	PROPERTY BROKER	GRANTED	02/17/2023	REVOKED	02/05/2024
MC982792	COMMON	INVOLUNTARY REVOCATION	02/01/2017	DISCONTINUED REVOCATION	02/06/2017

No revocation records.

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See the full history

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

50/100

Fair

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 50

−25

−15

−10

Starts at 100−50 totalFinal 50

No insurance or bond on file−25

No active operating authority−15

MCS-150 update overdue−10

Verification, 4 core requirements

Active operating authority

FMCSA shows the USDOT registration and authority are active.

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

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).

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.