Carrier profile · USDOT 3589863 · MC-1215554 · Updated Jul 8, 2026

PENNY TRANSPORTATION INC

0 power unitsBROOKLYN, NY50/100
CARRIER ACTIVEMC-1215554 ACTIVE

Authority & Insurance

Active operating authority by type and the full insurance continuity timeline — insurer, policy, coverage, and any lapses — so you can confirm they can legally and adequately haul your load today.

Operating authority· 49 CFR · per type

Operating authority

Common
Active
Contract
None
Broker
None

Insurance & bonds

BIPD / liability$5,000,000 in force
Cargo filing (census)Not recorded per census
Surety bond (census)Not recorded per census

Insurance adequacy· filed BIPD vs the $750K federal floor

$5M in forcegeneral-freight federal minimum
$750K floor

Filed BIPD coverage of $5M meets or exceeds the $750K federal minimum for general freight (49 CFR 387.9). Some commodities (hazmat, larger vehicles) require $1M–$5M — confirm against your load.

Insurance continuity· insurer · policy · lapses

$1.5M BIPD last filed ’25 · 4 insurers · 2 lapsesCoverage lapse
202120232025now

Shorter eras are too brief to label at this scale — all 5 insurers are named in the list below.

BIPD in force — $5,000,000 · OLD REPUBLIC INSURANCE COMPANY · since Oct 2025

All 5 insurer eras · dates, limits, renewals
InsurerPeriodLimitRenewals
CLEAR SPRING PROPERTY AND CASUALTY COMPANYOct 2024Nov 2025$1.5M1
OBSIDIAN INSURANCE COMPANYOct 2024Nov 2025$1.5M2
CLEAR SPRING PROPERTY AND CASUALTY COMPANYOct 2021Oct 2021$1.5M2
NEW YORK MARINE & GENERAL INS. CO.Mar 2021Mar 2021$1.5M1
OLD REPUBLIC INSURANCE COMPANYMar 2021Oct 2024$1.5M1