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NOT VALIDATED

NEW WORLD TRADES INC

Trust Score

Fair Why this score?

Company CheckNEW WORLD TRADES INC · DOT 3031827

3419 VIRGINIA BEACH BLVD #5003, VIRGINIA BEACH, VA, 23452

DOT# 3031827 MC# 39802 Virginia Beach, Virginia 8 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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EmailSign in to view

Physical Address3419 VIRGINIA BEACH BLVD #5003, VIRGINIA BEACH, VA, 23452

Mailing Address3419 VIRGINIA BEACH BLVD #5003, VIRGINIA BEACH, VA, 23452

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 checked07/23/2026

TypeSurety Bond (BMC-84)

Last filing on record08/10/2021

Surety / TrusteeHUDSON INSURANCE COMPANY

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

Filings on record3

Bond cancelled Aug 11, 2022 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 COMPANYAug 2021 to Aug 2022 · CANCELLED

PHILADELPHIA INDEMNITY INSURANCE COMPANYAug 2020 to Aug 2021 · replaced

U. S. SPECIALTY INSURANCE COMPANYAug 2017 to Aug 2020 · replaced

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Other Companies at This Address

Address3419 VIRGINIA BEACH BLVD #5003, VIRGINIA BEACH, VA 23452

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Distinct phones

Active

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BRIAN CROSS LLC	4500077	Sign in	Active
DUBBZ PRIME TIME HAULING LLC	3888033	Sign in	Active
EXXCELL LOGISTICS LLC	2351139	Sign in	Active
HERO EXPRESS LLC	3030463	Sign in	Active
HOUSE OF PERSON TR	3959679	Sign in	Active
JAXON DIVERSIFIED LLC	3163610	Sign in	Active
NEW WORLD TRADES INC this company	3031827	Sign in	Active
OLIVER TRUCKING LLC	3690367	Sign in	Active
OMNI ROUTE SOLUTIONS LLC	9565428	Sign in	Active
TRANSITION LOGISTICS LLC	3689048	Sign in	Active
7SPEED TRANSPORT SERVICES LLC	3761959	Sign in	Inactive
AJACK SCOTT	2127075	Sign in	Inactive
BISHOPS TREE SERVICE INC	2366907	Sign in	Inactive
DFG LOGISTICS LLC	4054045	Sign in	Inactive
FROM START TO FINISH TRUCKING LLC	3389835	Sign in	Inactive
HEPTAD TRANSPORT LLC	3548753	Sign in	Inactive
PARSON TRANSPORT LLC	3438512	Sign in	Inactive
RAYNERS ENTERPRISES LLC	3683073	Sign in	Inactive
REGENCY XPRESS LOGISTICS LLC	3942503	Sign in	Inactive
TAINO TRANSPORT SERVICES LLC	3929181	Sign in	Inactive
TRIPLE C HAULING LLC	3130344	Sign in	Inactive
TRUSTY EXPRESS LOGISTICS LLC	4001613	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

Authority TypeLOCAL GOVERNMENT;AUTHORIZED FOR HIRE

DocketMC039802

CommonNot Active

ContractNot Active

BrokerInactive

Operating8 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

Quick Facts

StatusActive

TypeBroker

Operating8 years

MCS-15007/2017

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	HUDSON INSURANCE COMPANY	10126020	$0	08/10/2021	08/11/2022	Cancelled
84	SURETY	PHILADELPHIA INDEMNITY INSURANCE COMPANY	PB11729000959	$0	08/10/2020	08/10/2021	Replaced
84	SURETY	U. S. SPECIALTY INSURANCE COMPANY	100359542	$0	08/10/2017	08/10/2020	Replaced

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC039802	PROPERTY BROKER	GRANTED	08/25/2017	REVOKED	08/17/2022

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.