New Entrant Risk Window
Authority granted 0 months ago. New carriers have statistically higher incident rates in the first 18 months of operation.
DBA CHEAPO LIMO
USE WITH CAUTION
Some concerns — additional due diligence recommended.
CHAD RICHARDS is a new private carrier (1 units, 1 drivers) based in GRAFTON, IL, operating since 2026. However, authority granted 0 months ago. New carriers have statistically higher incident rates in the first 18 months of operation.
What's notable
New Entrant Risk Window
Authority granted 0 months ago. New carriers have statistically higher incident rates in the first 18 months of operation.
Insurance Below FMCSA Minimum
Maximum coverage on file ($1500K) is below the FMCSA minimum for Passenger ($5M).
New Authority (< 1 year)
Authority was granted within the last year. New authorities are disproportionately involved in fraud.
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Disclaimer
Informational only. This data is sourced from FMCSA public records and does not constitute legal advice. Always verify critical information with official FMCSA sources at safer.fmcsa.dot.gov before making business decisions. CarrierBrief Score, Broker Verdict, and all BASIC percentiles shown are proprietary estimates and are not official FMCSA metrics.