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Authorized · PropertyUSDOT 568522· MC276954· CARRIER· EIN 98-0152474
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BULK CARRIERS PEI LIMITED

795 BANNOCKBURN ROAD, CLYDE RIVER, PE, C0A 1H3(902) 675-2600carl@bulkcarrierspei.comMIKE SCHUT
Vetting snapshot
Authority
Active
operating authority
Insurance
$1M BIPD
AIG INSURANCE COMPANY OF CANADA
Vehicle OOS
2.1%
below 22% national avg
Driver OOS
0.6%
below 6.7% national avg
Crashes 24mo
0
clean
Red flags
None
nothing flagged
100
/ 100

Risk factors

Low riskVioCodes score
No red flags in the public FMCSA record

A weighted read of the public FMCSA signals below — authority, insurance, out-of-service, crashes, roadside OOS rates, and carrier connections. A starting point for vetting, not a guarantee.

Broker payment signals

Bond, cancellation & authority risk for this broker — from free FMCSA records.

Proceed with checks
Broker bond
Bond on file
BMC-84 surety · THE GUARANTEE COMPANY OF NORTH AMERICA USA
Cancellation filed
None
bond since 10/01/2013
Authority
Active
1 past revocation
Registered
32 yrs
since 07/11/1994
  • Authority revoked 1 time historically (reinstated) — a pattern worth noting.

These are FMCSA bond & authority signals — not a credit report. A filed bond cancellation is the biggest early warning that a broker may stop paying, but days-to-pay and slow-pay history aren’t public FMCSA data — verify those with a broker-credit service or references before extending terms.

Authority & insurance

MC276954

Operating authority and insurance on file — from FMCSA Licensing & Insurance (L&I).

Common
None
Contract
Active
Broker
Active
Authorized for: Property
Liability (BIPD)
$1M on file
$1M required
Cargo
Not on file
not required
Bond / surety
On file
required
Insurance filings
ON FILELiability (BIPD) — BMC-91X$1M coverageeff 11/30/2013
AIG INSURANCE COMPANY OF CANADA· policy RMBA 1245192
ON FILEProperty broker surety — BMC-84eff 10/01/2013
THE GUARANTEE COMPANY OF NORTH AMERICA USA· policy HM4154668
Authority history (3) ▾
12/02/2013CONTRACTINVOLUNTARY REVOCATION→ DISCONTINUED REVOCATION (12/11/2013)
12/07/2011PROPERTY BROKERGRANTED
10/25/1994MOTOR PROPERTY CONTRACT CARRIERGRANTED
Insurance history9 insurers on record
Filing timeline (19) ▾
  1. NORTHBRIDGE COMMERCIAL INSURANCE CORPORATION$1MReplaced
    BIPD/Primary · eff 11/30/2012 → 11/30/2013
  2. AIG INSURANCE COMPANY OF CANADA$750KReplaced
    BIPD/Primary · eff 11/30/2013 → 11/30/2013
  3. THE GUARANTEE COMPANY OF NORTH AMERICA USA$1MReplaced
    SURETY · eff 11/30/2011 → 10/01/2013
  4. UNITED STATES FIRE INSURANCE CO.$1MReplaced
    BIPD/Primary · eff 10/31/2007 → 11/30/2012
  5. UNITED STATES FIRE INSURANCE CO.$1MCancelled
    CARGO · eff 10/31/2007 → 11/30/2011
  6. RANGER INS. CO./FAIRMONT SPECIALTY INS. CO.$1MReplaced
    BIPD/Primary · eff 10/31/2005 → 10/31/2007
  7. RANGER INS. CO./FAIRMONT SPECIALTY INS. CO.$1MReplaced
    CARGO · eff 10/31/2005 → 10/31/2007
  8. OLD REPUBLIC INSURANCE COMPANY$1MCancelled
    BIPD/Primary · eff 10/31/2003 → 11/27/2005
  9. OLD REPUBLIC INSURANCE COMPANY$1MCancelled
    CARGO · eff 10/31/2003 → 11/27/2005
  10. OLD REPUBLIC INSURANCE COMPANY$1MReplaced
    BIPD/Primary · eff 10/31/2003 → 10/31/2005
  11. OLD REPUBLIC INSURANCE COMPANY$1MReplaced
    CARGO · eff 10/31/2003 → 10/31/2005
  12. LINCOLN GENERAL INSURANCE COMPANY$1MCancelled
    BIPD/Primary · eff 10/31/2002 → 11/27/2003
  13. LINCOLN GENERAL INSURANCE COMPANY$1MCancelled
    CARGO · eff 10/31/2002 → 11/27/2003
  14. LINCOLN GENERAL INSURANCE COMPANY$1MReplaced
    BIPD/Primary · eff 10/31/2002 → 10/31/2003
  15. LINCOLN GENERAL INSURANCE COMPANY$1MReplaced
    CARGO · eff 10/31/2002 → 10/31/2003

Source: FMCSA Licensing & Insurance (L&I), public data. This shows the carrier’s federal insurance filings (BMC-91X liability, BMC-34 cargo) — the federally-required minimums on file for operating authority — not the carrier’s full commercial policy (its actual auto combined-single-limit, general liability, cargo, or workers’ comp, which appear on the carrier’s ACORD certificate of insurance). Always confirm current coverage with a COI from the carrier’s agent before making a vetting decision.

Roadside inspection performance

Out-of-service rate vs national average. Lower is better.

Vehicle94 inspections · 2.1% OOS · National 22%
Driver177 inspections · 0.6% OOS · National 6.7%

Company profile

FMCSA census

AUTHORIZED FOR HIRE

Power units
88
on file (MCS-150)
Drivers
88
88 hold a CDL
Annual mileage
8.8M mi
reported 2025
Recordable crash rate
—
per million miles
How far they run · drivers by operating lane
  • Interstate · 100+ mi88 drivers
Company officer
MIKE SCHUT
Operation
Interstate
Registered since
1994-07-11
Last MCS-150 update
2026-02-06
Census status
Active

Fleet: 88 trucks · 88 owned tractors · 164 owned trailers.

Source: FMCSA Company Census File (data.transportation.gov). Fleet and driver counts are self-reported on the carrier’s most recent MCS-150 filing.

Data change history

Every FMCSA record change we’ve detected — address, fleet size, contacts, MCS-150 — newest first.

Activity history

21 events
  1. 02/06/2026MCS-150 update filed

    8.8M mi reported (2025)

  2. 12/02/2013CONTRACT — INVOLUNTARY REVOCATION

    DISCONTINUED REVOCATION (12/11/2013)

  3. 11/30/2013Insurance filed — AIG INSURANCE COMPANY OF CANADA

    Liability (BIPD) — BMC-91X · policy RMBA 1245192

  4. 11/30/2013Insurance replaced — NORTHBRIDGE COMMERCIAL INSURANCE CORPORATION

    BIPD/Primary · policy 2010390

  5. 11/30/2013Insurance replaced — AIG INSURANCE COMPANY OF CANADA

    BIPD/Primary · policy RMBA 1245192

  6. 10/01/2013Insurance filed — THE GUARANTEE COMPANY OF NORTH AMERICA USA

    Property broker surety — BMC-84 · policy HM4154668

  7. 10/01/2013Insurance replaced — THE GUARANTEE COMPANY OF NORTH AMERICA USA

    SURETY · policy HM4132896

  8. 11/30/2012Insurance replaced — UNITED STATES FIRE INSURANCE CO.

    BIPD/Primary · policy 133850039

  9. 12/07/2011PROPERTY BROKER — GRANTED
  10. 11/30/2011Insurance cancelled — UNITED STATES FIRE INSURANCE CO.

    CARGO · policy 321850040

  11. 10/31/2007Insurance replaced — RANGER INS. CO./FAIRMONT SPECIALTY INS. CO.

    BIPD/Primary · policy TP0203313

  12. 11/27/2005Insurance cancelled — OLD REPUBLIC INSURANCE COMPANY

    BIPD/Primary · policy T50028

  13. 10/31/2005Insurance replaced — OLD REPUBLIC INSURANCE COMPANY

    BIPD/Primary · policy T50028

  14. 11/27/2003Insurance cancelled — LINCOLN GENERAL INSURANCE COMPANY

    BIPD/Primary · policy 500014

  15. 10/31/2003Insurance replaced — LINCOLN GENERAL INSURANCE COMPANY

    BIPD/Primary · policy 500014

  16. 10/31/2002Insurance replaced — OLD REPUBLIC INSURANCE COMPANY

    BIPD · policy T50004A

  17. 10/31/2002Insurance replaced — ROYAL INDEMNITY COMPANY

    CARGO · policy RST302146

  18. 11/08/1999Insurance cancelled — ROYAL INDEMNITY COMPANY

    BIPD/Primary · policy RST302145

  19. 12/31/1997Insurance replaced — ONEBEACON AMERICA INSURANCE COMPANY

    BIPD/Primary · policy J31-R458327

  20. 10/25/1994MOTOR PROPERTY CONTRACT CARRIER — GRANTED
  21. 07/11/1994Registered with FMCSA

    AUTHORIZED FOR HIRE

Merged from FMCSA authority, insurance, out-of-service, and census records.

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Operations

Classification

  • AUTHORIZED FOR HIRE

Area served

  • Interstate
★

FMCSA safety rating

Rating
Not rated
Type
Non-ratable review
Rated
—
Last review
2012-09-19
📄

MCS-150 registration

Form date
2026-02-06
Reported mileage
8,790,000 mi (2025)
⚡

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Data sourced from public FMCSA records via safer.fmcsa.dot.gov · Latest FMCSA update: Oct 2026 · Page refreshed: Nov 7, 2026, 8:00 AM. VioCodes is not affiliated with FMCSA. To dispute incorrect data, file a DataQs Request for Data Review.