DBA: ASSET SOLUTION RECOVERY

ASSET SOLUTION RECOVERY LLC

DOT 2009869 MC 924249 Active

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Authority

Contract Carrier

Active
Safety
0 inspections

Vehicle OOS: 0% (avg 20.7%)

Driver OOS: 0% (avg 5.5%)

Fleet
7 units

Drivers: 7

Trailers: 0 (0 owned)

Insurance
BIPD $1,000,000
Cargo On File
Bond
Community

No reviews yet

Company Details

Physical Address

1915 ATLANTIC AVE, MANASQUAN, NJ, 08736

Phone Number

(908) 783-4664

Mailing Address

1915 ATLANTIC AVE, MANASQUAN, NJ, 08736

Cell Phone

(609) 618-0798

Email Address

[email protected]

Fax Number

(732) 782-0386

Business Organization

LLC

Operational Classification

AUTHORIZED FOR HIRE

Record Changes

Changes detected on this company's public FMCSA record over the last 2 years (legal name, DBA, phone, email, addresses, authority, insurance on file)

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Authority & Compliance

Operating Status: Active

Authority Status

Common Carrier

Contract Carrier

Active
11 years

Broker

Authority History

Date Action Type Status
2018-11-16 MOTOR PROPERTY CONTRACT CARRIER ACTIVE
2018-11-06 REVOKED MOTOR PROPERTY CONTRACT CARRIER INACTIVE
2017-11-01 DISCONTINUED REVOCATION CONTRACT ACTIVE
2016-10-14 DISCONTINUED REVOCATION CONTRACT ACTIVE
2015-10-20 DISCONTINUED REVOCATION CONTRACT ACTIVE

Revocation History

Authority Type Order Docket # Effective Date
CONTRACT INVOLUNTARY REVOCATION MC924249 2018-11-06

Insurance & Bond Information

Current insurance coverage and bond requirements by authority type

BIPD Insurance

Bodily Injury & Property Damage

Active

Required for carriers transporting goods. Covers accidents and property damage.

On File: $1,000,000
Required: $750,000
Cargo Insurance

Cargo Liability Coverage

On File

Covers loss or damage to goods being transported.

Status: On File
Required: Yes
Bond Coverage

Broker/Freight Forwarder Bond

Required for brokers/freight forwarders ($75K minimum).

Status: Not Required
Required: No (Carriers exempt)
Insurance Requirements by Authority Type

For Profit Carrier

  • BIPD: $750,000 - $5,000,000 (varies by cargo)
  • Cargo: Varies by commodity
  • Bond: Not required

Broker/Freight Forwarder

  • BIPD: May be required
  • Cargo: Not typically required
  • Bond: $75,000 minimum

Insurance Filing History

Effective Date Type Policy # Coverage Insurer Cancel Date Method Status
2021-10-31 BIPD/Primary 317785 $1,000,000 CUMIS INSURANCE SOCIETY INC - - ACTIVE
2020-10-31 BIPD/Primary WPP183863501 $750,000 WESCO INSURANCE COMPANY 2021-10-31 TERM/REPL CANCELLED
2019-10-31 BIPD/Primary WPP183863500 $750,000 WESCO INSURANCE COMPANY 2020-10-31 TERM/REPL CANCELLED
2018-10-31 BIPD/Primary KPP1053497-00 $750,000 AMTRUST INSURANCE COMPANY OF … 2019-10-31 TERM/REPL CANCELLED
2017-10-31 BIPD/Primary 00015290-00 $750,000 CLEAR BLUE INSURANCE COMPANY 2018-10-31 CANCEL CANCELLED
2016-10-31 BIPD/Primary FLNCA011000123-00 $750,000 FALLS LAKE NATIONAL INSURANCE… 2017-11-24 TERM/CANCL CANCELLED
2015-10-31 BIPD/Primary H9A6TP0000618-00 $750,000 AMERICAN SOUTHERN HOME INSURA… 2015-10-31 TERM/REPL CANCELLED
2015-10-31 BIPD/Primary H9A6TP0000662-00 $750,000 AMERICAN SOUTHERN HOME INSURA… 2016-10-31 CANCEL CANCELLED
2015-06-29 BIPD/Primary 613-00-05-08-0001 $750,000 ATLANTIC SPECIALTY INSURANCE … 2015-10-31 CANCEL CANCELLED

Safety Performance

Safety rating: Not Rated

Vehicle OOS Rate

None%

National avg: 20.72%

Below average

0 inspections · 0 OOS

Driver OOS Rate

None%

National avg: 5.51%

Below average

0 inspections · 0 OOS

Hazmat OOS Rate

-

No hazmat inspections

Total inspections: 0 Last inspection: N/A Total crashes: 2

FMCSA Inspection Records

Detailed inspection history and violations

No inspection records available

FMCSA Accident/Crash Records (2 total)

Detailed accident history and severity information

A portion of FMCSA crash records are reported without a carrier identifier and cannot be attributed to a specific company, so they are not shown on individual profiles. The figures below reflect only the crashes FMCSA links to this carrier.

Fatal Crashes

0

Injury Crashes

2

Total Crashes

2

SMS Safety Analysis

BASIC category violations from FMCSA Safety Measurement System

No SMS violation data available

This carrier has no recorded BASIC violations

Industry Benchmark

Compare this carrier's metrics against industry expectations

Inspections

Based on reported mileage

0
Expected: 20 - 200 Below Range

Inspections

Based on power units

0
Expected: 80 - 220 Below Range

Power Units

Based on reported mileage

7
Expected: 50 - 250 Small Fleet

Equipment & Drivers

Fleet size, equipment ownership, and driver counts

Tractors

7

0 owned

Trailers

0

0 owned


Drivers

Total Drivers

7

CDL Drivers: 2
Interstate: 0
Intrastate: 2
Driver Inspections

0

Out of Service: 0
OOS Rate: 0%
Driver Distribution
Interstate (>100 mi): 0
Interstate (<100 mi): 5
Intrastate (>100 mi): 0
Intrastate (<100 mi): 2

Cargo & Operations

Cargo types hauled and operational classifications

Cargo Carried

Operation Type

Interstate

Business Organization

LLC

Classification Categories

AUTHORIZED FOR HIRE

Operational Classification

Equipment Overview

7

Power Units

7

Trucks

0

Buses

0

Commercial Vehicles

Ratings & Reviews

Community ratings from brokers and shippers

Reviews are user-submitted opinions, not findings of fact. See our Platform Disclaimer and Review Policy.

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