Carrier profile · USDOT 1012805 · MC-426931 · Updated Jun 13, 2026

RAKCO TRANSFER INC

1 power unitsavg 14 yrRegional · 3 statesCHARLOTTE, NC50/100
CARRIER ACTIVEMC-426931 ACTIVERATED CONDITIONAL
Verified linksFMCSA SAFER

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$750,000 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

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

Filed BIPD coverage of $750K 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

$750K BIPD last filed · 5 insurers · 3 lapsesCoverage lapse
2002200820142020now

Shorter eras are too brief to label at this scale — all 11 insurers are named in the list below.

BIPD in force — $750,000 · PROGRESSIVE SOUTHEASTERN INSURANCE COMPANY · since Sep 2024

All 11 insurer eras · dates, limits, renewals
InsurerPeriodLimitRenewals
PROGRESSIVE SOUTHEASTERN INSURANCE COMPANYOct 2023 → Sep 2024$750K3
NORTHLAND INSURANCE COMPANYOct 2022 → Nov 2023$750K2
PROGRESSIVE SOUTHEASTERN INSURANCE COMPANYOct 2019 → Oct 2022$750K2
CANAL INSURANCE CO.Oct 2018 → Oct 2019$750K2
CANAL INSURANCE CO.Oct 2017 → Oct 2017$750K2
PROGRESSIVE SOUTHEASTERN INSURANCE COMPANYOct 2016 → Nov 2017$750K2
ATLANTIC CASUALTY INSURANCE COMPANYOct 2014 → Oct 2016$750K2
PROGRESSIVE SOUTHEASTERN INSURANCE COMPANYAug 2014 → Oct 2014$750K2
PROGRESSIVE SOUTHEASTERN INSURANCE COMPANYAug 2011 → Oct 2011$750K1
CANAL INSURANCE CO.Aug 2003 → Jul 2009$750K8
CAROLINA CASUALTY INSURANCE CO.Aug 2002 → Aug 2003$750K1