← Back to Search

NOT VALIDATED

SHERMAR INC

Trust Score

Fair Why this score?

Company CheckSHERMAR INC · DOT 977839

DOT# 977839 MC# MC-413628 Waterville, New York

CARRIER & BROKER

★★★★★ Ratings & reviews

Save to favorites Watch, alerts on changes Write a review Add a private note Download PDF report

Create free account →

Free • 30 seconds • Already a member? Log in

Power Units

Drivers

Crashes (24-Month)

Not reported

Insurance

Conditional

Safety Rating

Inspections

Is this your company? Claim your profile →

Just researching? Create a free account →

Deep records on this carrier, only on LoadWrap

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

Contact Details

PhoneSign in to view

EmailSign in to view

Physical AddressSign in to view

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 checked09/11/2026

TypeSurety Bond (BMC-84)

Last filing on record06/03/2004

Surety / TrusteeLINCOLN GENERAL INSURANCE COMPANY

Contact🔍 Find contact

Filings on record3

Bond cancelled Nov 12, 2004 by LINCOLN GENERAL INSURANCE COMPANY. 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

LINCOLN GENERAL INSURANCE COMPANYJun 2004 to Nov 2004 · CANCELLED

PLATTE RIVER INSURANCE COMPANYJun 2002 to Jun 2004 · CANCELLED

Never get caught by a dead bond. Daily checks, same-day email alerts.

Watch this broker

Other Companies at This Address

Address1130 MASON RD, WATERVILLE, NY 13480

Others here

Distinct phones

Active

Company	DOT	Phone	Status
NORTHEAST TRANSIT FINE ART SERVICES INC	2992432	Sign in	Active
SHERMAR INC this company	977839	Sign in	Inactive
SHERMAR TRANSPORTATION INC	1591969	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

Carrier OperationA - Interstate

DocketMC413628

CommonInactive

ContractInactive

BrokerInactive

Drivers

Interstate

Intrastate

CDL

Total

Interstate >100mi0

Interstate <100mi0

Intrastate >100mi0

Intrastate <100mi0

Safety Summary

Safety RatingConditional

Total Crashes (24-mo)0

Fatal0

Driver OOS0.0% avg 5.5%

Vehicle OOS0.0% avg 20.7%

SmartWay PartnerNo

Last Review11/10/2004

Quick Facts

StatusInactive

TypeCarrier & Broker

Fleet2 units

Drivers2

MCS-15010/2007

Safety & Inspection Data

Crash Summary

Total Crashes (24-mo)0

Fatal0

Injury0

Tow-Away0

Safety RatingConditional

Driver Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg5.5%

Vehicle Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg20.7%

Last FMCSA Review: 11/10/2004 | Rated: 01/18/2005

Licensing & Insurance

Form	Type	Insurance Company	Policy	Coverage	Effective	Cancel Date	Method
34	CARGO	ST. PAUL FIRE & MARINE INSURANCE CO.	IM03100519	$0	10/31/2003	09/05/2004	Replaced
34	CARGO	ST. PAUL FIRE & MARINE INSURANCE CO.	IM03100519	$0	10/31/2003	12/19/2004	Cancelled
34	CARGO	HARTFORD FIRE INSURANCE COMPANY	01 MS GE7863	$0	10/31/2002	10/31/2003	Replaced
34	CARGO	HARTFORD FIRE INSURANCE COMPANY	01 MS GE7863	$0	10/31/2002	12/04/2003	Cancelled
34	CARGO	ONEBEACON INSURANCE COMPANY	ZJR723372	$0	10/31/2000	10/31/2002	Cancelled
91X	BIPD/Primary	AMERICAN ZURICH INSURANCE COMPANY	TRK3786790	$1,000,000	09/05/2006	02/16/2017	Cancelled
91X	BIPD/Primary	ZURICH AMERICAN INSURANCE COMPANY	TRK3786790	$1,000,000	09/05/2005	09/05/2006	Replaced
91X	BIPD/Primary	ZURICH AMERICAN INSURANCE COMPANY	TRK3786790	$1,000,000	09/05/2005	09/06/2006	Cancelled
91X	BIPD/Primary	ZURICH AMERICAN INSURANCE COMPANY	TRK3786790	$1,000,000	09/05/2004	09/05/2005	Replaced
91X	BIPD/Primary	ZURICH AMERICAN INSURANCE COMPANY	TRK3786790	$1,000,000	09/05/2004	09/07/2005	Cancelled
91X	BIPD/Primary	ZURICH AMERICAN INSURANCE COMPANY	TRK3786790	$1,000,000	09/05/2003	09/05/2004	Cancelled
91X	BIPD/Primary	ASSOCIATES INSURANCE COMPANY	TK1007801	$1,000,000	09/05/2001	02/06/2003	Cancelled
84	SURETY	LINCOLN GENERAL INSURANCE COMPANY	980365	$0	06/03/2004	11/12/2004	Cancelled
84	SURETY	LINCOLN GENERAL INSURANCE COMPANY	980365	$0	06/03/2004	06/03/2004	Replaced
84	SURETY	PLATTE RIVER INSURANCE COMPANY	40008912	$0	06/03/2002	06/03/2004	Cancelled
91X	BIPD/Primary	ASSOCIATES INSURANCE COMPANY	FPP4500102	$1,000,000	02/06/2003	09/05/2003	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC413628	MOTOR PROPERTY COMMON CARRIER	GRANTED	10/05/2001	REVOKED	09/13/2004
MC413628	COMMON	INVOLUNTARY REVOCATION	10/01/2003	DISCONTINUED REVOCATION	10/02/2003
MC413628	CONTRACT	INVOLUNTARY REVOCATION	10/01/2003	DISCONTINUED REVOCATION	10/02/2003
MC413628	MOTOR PROPERTY COMMON CARRIER	REINSTATED	09/29/2004	REVOKED	02/22/2017
MC413628	MOTOR PROPERTY CONTRACT CARRIER	REINSTATED	09/29/2004	REVOKED	02/22/2017
MC413628	PROPERTY BROKER	GRANTED	09/23/2002	REVOKED	06/09/2004
MC413628	MOTOR PROPERTY CONTRACT CARRIER	GRANTED	09/19/2001	REVOKED	09/13/2004
MC413628	COMMON	INVOLUNTARY REVOCATION	08/11/2005	DISCONTINUED REVOCATION	09/06/2005
MC413628	CONTRACT	INVOLUNTARY REVOCATION	08/11/2005	DISCONTINUED REVOCATION	09/06/2005
MC413628	COMMON	INVOLUNTARY REVOCATION	08/10/2006	DISCONTINUED REVOCATION	09/01/2006
MC413628	CONTRACT	INVOLUNTARY REVOCATION	08/10/2006	DISCONTINUED REVOCATION	09/01/2006
MC413628	PROPERTY BROKER	REINSTATED	07/20/2004	REVOKED	11/22/2004

No revocation records.

Stay ahead of changes

You are checking PLATTE RIVER INSURANCE COMPANY today. We can keep watching them for you.

Authority gets revoked, insurance lapses, and a company that looks clean today can change overnight. Create an account, add this company to your list,
and the moment their authority, insurance, safety or contact details change, you see it on your dashboard, or get it by email with Pro.

Add them to your list

Keep this company and every partner you vet in one place you can come back to.

Get a change alert

The moment authority, insurance or safety status moves, you hear about it first.

See the full history

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

48/100

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 48

−25

−12

−10

Starts at 100−52 totalFinal 48

Not active with FMCSA−25

Conditional safety rating−12

MCS-150 update overdue−10

Operating history unknown−3

No email address on file−2

Verification, 4 core requirements

Active operating authority

USDOT registration is not active (inactive, revoked, or pending).

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

Conditional rating (acceptable, but not Unsatisfactory).

What's lowering this score

-25

Not active with FMCSA FAILS VERIFICATION

FMCSA does not show an active USDOT registration / operating authority.

-12

Conditional safety rating

FMCSA assigned a Conditional safety rating.

-10

MCS-150 update overdue

The required biennial MCS-150 update has not been filed on time (score factor, not a verification failure).

-3

Operating history unknown

No authority grant date on file.

-2

No email address on file

No public email address on record.

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.

SHERMAR INC

Trust Score

Company Information

Contact Details

Broker Surety Bond FMCSA BMC-84/85

Other Companies at This Address

Operating Authorities

Drivers

Safety Summary

Quick Facts

Safety & Inspection Data

Licensing & Insurance

You are checking PLATTE RIVER INSURANCE COMPANY today. We can keep watching them for you.

Add them to your list

Get a change alert

See the full history