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VALIDATED

BARE BONES LOGISTICS LLC

Trust Score

Excellent Why this score?

Company CheckBARE BONES LOGISTICS LLC · DOT 3070946

4542 LIBERTY AVE, VERMILION, OH, 44089

DOT# 3070946 MC# 61025 Vermilion, Ohio 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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Physical Address4542 LIBERTY AVE, VERMILION, OH, 44089

Mailing Address4542 LIBERTY AVE, VERMILION, OH, 44089-1910

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 checked07/15/2026

TypeTrust Fund (BMC-85)

Last filing on record02/19/2018

Surety / Trustee1ST SECURITY FINANCIAL CORPORATION

Contact☎ (800) 861-1952
🌐 1stsecuritycorp.com

Bond cancelled May 13, 2018 by 1ST SECURITY FINANCIAL CORPORATION. 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

1ST SECURITY FINANCIAL CORPORATIONFeb 2018 to May 2018 · CANCELLED

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Operating Authorities

Authority TypeAUTHORIZED FOR HIRE

Carrier Operation-

DocketMC061025

CommonNot Active

ContractNot Active

BrokerInactive

Operating8 years

Company Overview

1ST SECURITY FINANCIAL CORPORATION is a FMCSA-validated broker based in Vermilion, Ohio. The company has been in operation for 8 years, registered with the FMCSA on 11/21/2017. The company has a clean safety record with zero reported crashes. Based on authority, insurance, safety, and compliance data, 1ST SECURITY FINANCIAL CORPORATION has a Trust Score of 90/100 (Excellent).

Drivers

Interstate

Intrastate

CDL

Total

Interstate >100mi0

Interstate <100mi0

Intrastate >100mi0

Intrastate <100mi0

Equipment

No equipment breakdown on file with FMCSA.

HazMatNo

Safety Summary

SmartWay PartnerNo

No safety rating or inspection data on file with FMCSA.

Insurance

AmountNot reported

Type-

Effective-

Company-

Policy #-

Last checked07/15/2026

Quick Facts

StatusActive

TypeBroker

FleetN/A

DriversN/A

Operating8 years

MCS-15011/2017

Licensing & Insurance

Form	Type	Insurance Company	Policy	Coverage	Effective	Cancel Date	Method
85	TRUST FUND	1ST SECURITY FINANCIAL CORPORATION	NONE	$0	02/19/2018	05/13/2018	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC061025	PROPERTY BROKER	GRANTED	02/23/2018	REVOKED	05/21/2018

No revocation records.

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

90/100

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 90

−10

Starts at 100−10 totalFinal 90

MCS-150 update overdue−10

Verification, 4 core requirements

Active operating authority

FMCSA shows the USDOT registration and authority are active.

Authorized for hire

Holds active for-hire (common or contract) authority.

Active insurance on file

Active for-hire authority on file, FMCSA requires insurance to keep it active.

Safety rating not Unsatisfactory

No Unsatisfactory rating on file.

What's lowering this score

-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.

BARE BONES LOGISTICS LLC

Trust Score

Company Information

Contact Details

Broker Surety Bond FMCSA BMC-84/85

Operating Authorities

Company Overview

Drivers

Equipment

Safety Summary

Insurance

Quick Facts

Licensing & Insurance

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