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VALIDATED

CARGONET CORP

Trust Score

Excellent Why this score?

Company CheckCARGONET CORP · DOT 3493919

950 W BANNOCK ST STE 1100, BOISE, ID, 83702

DOT# 3493919 MC# 1150868 Boise, Idaho 5 years

BROKER

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Power Units

Drivers

Crashes (24-Month)

Not reported

Insurance

Not Rated

Safety Rating

Inspections

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Deep records on this carrier, only on LoadWrap

Safety & Inspections→ Licensing & Insurance→ Know Your Rights→ VIN Watch & CARB Check→ Get Change Alerts→

Contact Details

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Physical Address950 W BANNOCK ST STE 1100, BOISE, ID, 83702

Mailing Address950 W BANNOCK ST STE 1100, BOISE, ID, 83702-6140

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 checked07/25/2026

TypeTrust Fund (BMC-85)

Last filing on record12/24/2024

Surety / TrusteeLIBERTY NATIONAL FINANCIAL CORP.

Contact☎ (405) 321-5310
🌐 bmc85.com

Filings on record5

Bond cancelled Mar 14, 2025 by LIBERTY NATIONAL FINANCIAL CORP.. 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

LIBERTY NATIONAL FINANCIAL CORP.Dec 2024 to Mar 2025 · CANCELLED

HUDSON INSURANCE COMPANYAug 2023 to Aug 2024 · CANCELLED

UNITED STATES FIRE INSURANCE CO.Oct 2020 to Aug 2022 · replaced

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Other Companies at This Address

Address950 W BANNOCK ST STE 1100, BOISE, ID 83702

Others here

Distinct phones

Active

Company	DOT	Phone	Status
CARGONET CORP this company	3493919	Sign in	Active
GLOBEX TRANSPORT INC	3035893	Sign in	Active
NORTHWEST HAY CO	3241644	Sign in	Active
PROMPT TRUCKS INC	4045595	Sign in	Active
ARTOUR GARABIDIAN	1876441	Sign in	Inactive
EAST COAST LOGISTICS LLC	3763890	Sign in	Inactive
KARI LOGISTICS INC	3888445	Sign in	Inactive
MOTION OF THE HIGHWAYS INC	3954865	Sign in	Inactive
ONROAD LOGISTICS INC	3945554	Sign in	Inactive
SUN CHASER LOGISTICS INC	3972111	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 TypeAUTHORIZED FOR HIRE

DocketMC1150868

CommonNot Active

ContractNot Active

BrokerInactive

Operating5 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

Operating5 years

MCS-15008/2024

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
85	TRUST FUND	LIBERTY NATIONAL FINANCIAL CORP.	2024173	$0	12/24/2024	03/14/2025	Cancelled
84	SURETY	UNITED STATES FIRE INSURANCE CO.	615113458	$0	10/02/2020	08/30/2022	Replaced
85	TRUST FUND	LIBERTY NATIONAL FINANCIAL CORP.	2024173	$0	08/30/2024	12/22/2024	Cancelled
84	SURETY	HUDSON INSURANCE COMPANY	10139907	$0	08/30/2023	08/30/2024	Cancelled
84	SURETY	HUDSON INSURANCE COMPANY	10139907	$0	08/30/2022	08/30/2023	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC1150868	BROKER	INVOLUNTARY REVOCATION	11/25/2024	DISCONTINUED REVOCATION	12/26/2024
MC1150868	PROPERTY BROKER	GRANTED	10/20/2020	REVOKED	03/24/2025
MC1150868	BROKER	INVOLUNTARY REVOCATION	08/05/2024	DISCONTINUED REVOCATION	09/03/2024
MC1150868	BROKER	INVOLUNTARY REVOCATION	08/03/2023	DISCONTINUED REVOCATION	08/07/2023

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.

100/100

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

100, no deductions

Clean record, the bar stays full at 100.

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

Clean record, no deductions. This carrier starts and stays at 100.

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.