Loadsmart is a freight broker that sets carriers up through its carrier portal and CarrierGuide. It asks for $1 million in business auto coverage and $100,000 in cargo from insurers rated A.M. Best A- or higher, with the COI in before your first shipment. It also offers truck factoring at 2.5%.
- Best for
- Carriers with $1 million auto liability and $100,000 cargo from insurers rated A.M. Best A- or higher
Our take
Setup is short for US carriers: an MC or DOT number, a W9 and the COI. Its safety terms are reporting duties, so tell Loadsmart right away about a Conditional, Unsatisfactory or Unfit rating, or if your BASICs pass CSA intervention thresholds in two or more categories.
For quick pay through TriumphPay, connect a validated account to Loadsmart and set your QuickPay preferences. A 2022 announcement put payment at 24 hours from an approved invoice, so confirm the timing.
Pros
- Canadian-origin carriers can use their provincial or territorial safety fitness certificate
Carrier requirements
| Requirement | Loadsmart | Source |
|---|---|---|
| Minimum authority age | Not published | Ask first |
| Auto liability | $1 millionThis is business auto coverage. Before your first shipment, provide a COI from an insurer rated A.M. Best A- or higher. | Its own pageOctober 17, 2026Same since 2021 |
| Cargo | $100,000Before your first shipment, provide a COI from an insurer rated A.M. Best A- or higher. | Its own pageOctober 17, 2026Same since 2021 |
| Safety rating | Notify Loadsmart at once of a bad ratingIn the US, tell it right away of a Conditional, Unsatisfactory or Unfit rating. For Canadian-origin carriers, tell it right away if your rating falls below Satisfactory or your authority is threatened with being inactive, suspended or revoked. | Its own pageOctober 17, 2026Same since 2021 |
| Inspections and scores | Notify Loadsmart if you pass CSA limits in two or more categoriesThe scores are BASICs measured against CSA intervention thresholds. | Its own pageOctober 17, 2026Same since 2021 |
Getting set up
Registering on RMIS
| Step | What RMIS asks of every carrier, whichever broker sent it | Source |
|---|---|---|
| 1 | Enter your RMIS ID and ZIP code during registration | RMIS's pageOctober 21, 2026 |
| 2 | Use the verification code sent to your email to continue registering | RMIS's pageOctober 21, 2026 |
| 3 | Verify your identity with a live selfie and government-issued ID | RMIS's pageOctober 21, 2026 |
| 4 | Submit your essential documents through the online portal | RMIS's pageOctober 21, 2026 |
| What to know | Loadsmart | Source |
|---|---|---|
| Where to apply | Through RMIS | Its own pageOctober 21, 2026 |
| What to have ready | W9, certificate of insurance and letter of authority | Its own pageOctober 21, 2026 |
Pay and quick pay
| Term | Loadsmart | Source |
|---|---|---|
| Quick pay | Within 24 hours of an approved invoice, via TriumphPayThis comes from a 2022 announcement. You need a validated account connected to Loadsmart, your QuickPay preferences set and documents and invoices that match the rate. | Its own pageOctober 17, 2026Same since 2022 |
| Fuel and other programs | Truck factoring at 2.5% | Its own pageOctober 17, 2026Same since 2024 |
Quick pay vs factoring calculator
Loadsmart alternatives
| Name | Authority age | Auto liability | Cargo |
|---|---|---|---|
| ACV Transportation | Not published | $1 million | $100,000 |
| Allen Lund | 365 days | $1 million | $100,000 |
| ArcBest | Not published | $1 million | $100,000 |
| Arrive Logistics | Not published | $1 million | $100,000 |
| C.H. Robinson | 7 days | $1 million | $100,000 |
Frequently asked questions
Does Loadsmart work with new authority?
Loadsmart doesn't publish an age rule, so ask its carrier team before your first load.
Does Loadsmart work with drayage carriers?
Yes, and drayage carriers also need UIIA to set up.