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FORMULA TRANSPORT LLC

DOT 2387808MC 820587ActiveMotor CarrierInterstateNational Specialty Insurance CompanyELIZABETH, NJ

COMPANY

Authority since
2021-05-05
MCS-150
2026-03-11 · 20,000 mi (2026)
Fleet
4 units · — trailers · 4 drivers
Annual mileage (VMT)
20,000 mi (2026)

ADDRESS

Physical
255 BOND ST
ELIZABETH, NJ 07206
Mailing
Same as physical

CONTACT

Phone
9089777096
Email
formulatransport@gmail.com

OFFICERS

Primary Officer
LEDWIN CABRERA
Title
OWNER

OPERATION & CARGO

Operation classification
Authorized For Hire
Specialty
General Freight
Cargo types
1
General Freight
Self-reported by the company on its latest MCS-150 filing (FMCSA census). Reflects what the carrier is authorized and equipped to haul, not actual recent loads. Specialty is our summary of the declared cargo mix.
AUTHORITY
65 mo
Active authority
INSURANCE
1 active
National Specialty Insurance Company
RISK GRADE
Elevated Risk
2 risk factors · 1 strengths
OOS RATE
21.9%
7 / 32 inspections

Fleet vs Reality

last 12 months · power-unit VINs from roadside inspections
Checking local VIN index…

Elevated Risk

2 risk factors · 1 strengths · 3 data points

SAFETY PERFORMANCE

Crash Record
2 crashes · 0 fatal · 1 with injuries · 1 tow-away
Clean Inspection Rate
78% — 25 clean of 32 inspections
Out-of-Service Rate
21.9% — driver OOS 5, vehicle OOS 4

COMPLIANCE & AUTHORITY

Operating Authority
Active operating authority on file
Authority Events
14 historical event(s) on file
MCS-150 Filing
Last filed 2026-03-11

INSURANCE

Active Coverage
1 policy(ies) on file · total max coverage $750,000

SUMMARY

Severe OOS rate 33% (last 24 mo)
12.5 crashes per 100 trucks/yr — above norm
Active insurance on file

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