Private Venture Management LLC

Doing business as Patriotpeaklogistics

Carrier & Broker

Motor carrier & Broker under MC1333273

Carroll, IA · Interstate · 3 power units · Not rated · USDOT since Apr 11, 2025 (1 year) · Authority since Jan 26, 2022 (4 years)

Do not book until these are resolved · 2 signals

How risk signals work

At least one fact in the FMCSA record should stop a booking until it is cleared up. Confirm the current record on Motus first; it is not a finding of wrongdoing.

  • No broker bond or trust fund on fileBrokers must keep $75,000 of financial security (BMC-84 or BMC-85) on file.
  • Vehicle out-of-service rate well above the state average71.4% vs Iowa average 22.1%.
Operating authority
Active
MC1333273: Motor carrier, Broker active
FMCSA Motus · Oct 20, 2026
Liability insurance (BI&PD)
$1,000,000
1 active filing
No cargo cover filed with FMCSA
FMCSA Motus · Oct 20, 2026
Broker bond / trust (BMC-84/85)
None on file
A broker needs $75,000 on file to operate
FMCSA Motus · Oct 20, 2026
Vehicle out-of-service rate
71.4%
5 of 7 vehicle inspections (small sample) · Iowa avg 22.1%
FMCSA inspections · Oct 20, 2024 – Oct 20, 2026

Green means the FMCSA record shows it. It does not confirm who you are talking to, or that a policy covers your specific load.

Verify on MotusCall

Operating authority

MC1333273 FMCSA Motus · Oct 20, 2026

Motor carrier
Motor Carrier of Property (Except Household Goods)
Active
Broker
Broker of Property (Except Household Goods)
Active
Liability insurance on file$1,000,000
First grantedJan 26, 2022 (4 years ago)
BOC-3 process agent
Accepts legal papers for the company in each state
DOTPROCESSAGENTS.COM LLC
Authority history for MC1333273 · 5 events
DateAuthorityAction
Aug 26, 2025Motor carrierGranted
Aug 26, 2025Motor carrierRevoked
Mar 21, 2025Motor carrierReinstated
Mar 3, 2022BrokerGranted
Jan 26, 2022Motor carrierGranted

2 revocation notices that FMCSA later withdrew, the last on Mar 26, 2025. FMCSA sends one when an insurance or bond filing lapses; it is withdrawn when the filing is made.

Confirm current authority: Motus record for USDOT 4392994

Insurance on file

Liability (BI&PD) pays for injury and damage to other people and property; it does not cover the freight. Cargo insurance covers the freight. FMCSA only requires cargo filings from household goods carriers and freight forwarders, so most carriers file none: ask for a cargo certificate that fits your load. No cargo cover filed with FMCSA.

TypeDocketLayerInsurerCoverageEffectiveStatus
Liability (BI&PD)MC1333273PrimaryProgressive Northern Insurance Company
Policy CA990291286 · BMC-91X
$1,000,000Aug 14, 2025Active
Insurance that ended since 2024 · 5 policies
EndedTypeInsurerEffectiveHow it ended
Aug 13, 2025Liability (BI&PD)
MC1333273
Progressive Northern Insurance Company
Policy CA990291286
Apr 23, 2025Transferred
Apr 28, 2025Liability (BI&PD)
MC1333273
Progressive Northern Insurance Company
Policy CA990291286
Mar 20, 2025Cancelled at term end
Apr 23, 2025Liability (BI&PD)
MC1333273
Progressive Northern Insurance Company
Policy CA990291286
Mar 20, 2025Replaced
Mar 17, 2025Liability (BI&PD)
MC1333273
Progressive Northern Insurance Company
Policy CA04258808
Jan 6, 2025Name change
Jan 6, 2025Liability (BI&PD)
MC1333273
Progressive Northern Insurance Company
Policy CA04258808
Jun 20, 2023Cancelled

"Replaced" means a new filing took over the day the old one ended. "Cancelled" means the insurer or the company ended the policy; if no replacement was filed in time, the company was uninsured with FMCSA in between.

Source: FMCSA Motus · Oct 20, 2026. Identical filings repeated in the FMCSA data are shown once; a filing listed under two dockets is one policy, not extra coverage. Coverage is the maximum amount filed with FMCSA, not the full policy.

Confirm current filings: Motus record and ask the insurer for a certificate naming you as holder.

Roadside inspections Oct 20, 2024 – Oct 20, 2026

10inspections
71.4%vehicle out-of-service
5 of 7 · Iowa avg 22.1%
0.0%driver out-of-service
0 of 10 · Iowa avg 3.1%
39violations written on inspection reports

By quarter inspections and vehicle out-of-service rate

Bar height: inspections in the quarter. Percentage: vehicles put out of service, of vehicle inspections. The first and last quarters are partial.

Where it was inspected 4 states and provinces, 24 months

AK: 0 inspectionsAKME: 0 inspectionsMEVT: 0 inspectionsVTNH: 0 inspectionsNHWA: 0 inspectionsWAID: 0 inspectionsIDMT: 0 inspectionsMTND: 0 inspectionsNDMN: 0 inspectionsMNIL: 0 inspectionsILWI: 0 inspectionsWIMI: 0 inspectionsMINY: 0 inspectionsNYRI: 0 inspectionsRIMA: 0 inspectionsMAOR: 0 inspectionsORNV: 0 inspectionsNVWY: 0 inspectionsWYSD: 3 inspectionsSDIA: 5 inspectionsIAIN: 0 inspectionsINOH: 0 inspectionsOHPA: 0 inspectionsPANJ: 0 inspectionsNJCT: 0 inspectionsCTCA: 0 inspectionsCAUT: 0 inspectionsUTCO: 0 inspectionsCONE: 1 inspectionNEMO: 1 inspectionMOKY: 0 inspectionsKYWV: 0 inspectionsWVVA: 0 inspectionsVAMD: 0 inspectionsMDDE: 0 inspectionsDEAZ: 0 inspectionsAZNM: 0 inspectionsNMKS: 0 inspectionsKSAR: 0 inspectionsARTN: 0 inspectionsTNNC: 0 inspectionsNCSC: 0 inspectionsSCDC: 0 inspectionsDCOK: 0 inspectionsOKLA: 0 inspectionsLAMS: 0 inspectionsMSAL: 0 inspectionsALGA: 0 inspectionsGAHI: 0 inspectionsHITX: 0 inspectionsTXFL: 0 inspectionsFL
  1. IA 5 50.0%
  2. SD 3 30.0%
  3. NE 1 10.0%
  4. MO 1 10.0%

Vehicles seen at inspections different VINs, 24 months

Power units: 8

7 straight trucks · 1 tractor

Chevrolet/GMC 9

3 power units declared on the MCS-150. Inspections see only part of a fleet, so fewer here is normal; many more can mean the registration is out of date.

Trailers: 5

5 semi-trailers

Includes trailers the company pulled but does not own, such as shipper or leasing trailers.

Shippers named on inspection reports 24 months

Conglobal 1

As written by roadside inspectors, who note the shipper on the bill of lading. Only names that appear on at least three different carriers' reports are shown, so private individuals are never listed. A shipper on a report is not a reference.

10 most recent inspections
DateStateLevelViolationsOut of service
Sep 28, 2026SD13Yes
Aug 30, 2026MO15Yes
Aug 25, 2026IA18Yes
Aug 13, 2026IA31No
Jul 28, 2026SD10No
Jun 1, 2026IA110Yes
Apr 29, 2026SD14Yes
Dec 11, 2025IA30No
Oct 27, 2025NE35No
Jul 14, 2025IA13No
How these rates are calculated

Period: Oct 20, 2024 – Oct 20, 2026. Vehicle rate = vehicle inspections with a vehicle out-of-service order ÷ vehicle inspections (levels 1, 2, 5 and 6). Driver rate uses levels 1, 2, 3 and 6. The Iowa average covers 31,580 vehicle and 64,940 driver inspections of all Iowa-based carriers in this period. It mixes every type of operation, so compare with care; rates based on a handful of inspections say little. FMCSA's own SMS measures are weighted differently: SMS profile · SAFER snapshot

Violations in FMCSA's SMS last 24 months

23 violations counted in FMCSA's Safety Measurement System (SMS), 5 of them serious enough to put the driver or vehicle out of service.

Why is this different from the 39 violations above?

The inspections section's number counts every violation written on the inspection reports in our Oct 20, 2024 – Oct 20, 2026 window. The SMS count comes from FMCSA's own monthly SMS snapshot, which uses its own 24-month window and only the violations it scores. Both are FMCSA figures; they measure different things.

Category (FMCSA BASIC)ViolationsOut of serviceShareIowa share
Vehicle Maintenance18578.3%60.1%
Hours-of-Service Compliance3013.0%12.5%
Unsafe Driving208.7%23.4%
10 most frequent violations
ViolationTimesOut of service
Brake - Defective brake(s) are equal to or greater than 20% of the service brakes on the vehicle/combination
Brake Out Of Service · Vehicle Maintenance · code 3963A1BOS
22
Hydraulic/Electric Brake - Inoperative other than a steering axle.
Brakes All Others · Vehicle Maintenance · code 39348ABIHE
20
Emergency Equipment - Fire Extinguishers - no fire extinguisher present or not properly rated.
Emergency Equipment · Vehicle Maintenance · code 39395A1
20
Emergency Equipment - Stopped vehicle warning devices missing or improper
Emergency Equipment · Vehicle Maintenance · code 39395F
20
Lighting - Stop lamps - Any inoperative.
Lighting · Vehicle Maintenance · code 3939ALSLI
20
Brake - Missing or inoperable breakaway braking system on a trailer(s) or converter dolly
Brakes All Others · Vehicle Maintenance · code 39343DB
11
Brake - Breakaway not attached to the towing vehicle
Brakes All Others · Vehicle Maintenance · code 39343DBMA
11
Cargo - Insufficient tiedowns (w/o headerboard/blocking) for article(s) of cargo 5 feet or less and more than 1100 lbs
Tiedown · Vehicle Maintenance · code 393110B2IC
11
HOS (Passenger) - No driver may make a false report in connection with a duty status. Explain
False Log · Hours-of-Service Compliance · code 3958E1HOSPVID
10
HOS (ELD) - Driver failing to manually input or verify CMV trailer number.
Other Log/Form & Manner · Hours-of-Service Compliance · code 39524C2IIELDTN
10

Source: FMCSA SMS violation file, inspections in the last 24 months, published Oct 20, 2026. "Share" is this company's mix of violations; the Iowa column is the mix across all Iowa-based carriers, so you can see which kinds of problems stand out. A high count partly reflects fleet size and how often trucks are inspected.

Crashes Oct 20, 2024 – Oct 20, 2026

No reportable crashes in this period.

Company details FMCSA census · Oct 20, 2026

USDOT number4392994
MC / docketMC1333273
Legal namePRIVATE VENTURE MANAGEMENT LLC
DBA namePATRIOTPEAKLOGISTICS
OperationInterstate
Business type—
Power units3
Drivers3
Annual mileage190,000 (2025)
HazmatNo
Safety ratingNot rated (no compliance review on record)
USDOT number addedApr 11, 2025 · 1 year ago
Last MCS-150 updateSep 24, 2026
Email domain on file@patriotpeaklogistics.com

Equipment as declared on the MCS-150

OwnedTerm-leased
Straight trucks30
Trailers30

Term-leased equipment usually belongs to owner-operators driving under this company's authority.

Cargo carried

Metal: Sheets, Coils, RollsLogs, Poles, Beams, LumberBuilding MaterialsMobile HomesMachinery, Large ObjectsIntermodal ContainersConstruction

Change history

No changes to name, contact details, authority or insurance since we started tracking on Oct 18, 2026. We compare every company's FMCSA record each day.

to see it on your watchlist when something changes.

Questions about Private Venture Management LLC

Is Private Venture Management LLC a broker or a carrier?

Both. Private Venture Management LLC holds active broker authority and active authority to haul freight. Check which role it is acting in on your load: as a broker it arranges another carrier; as a carrier it hauls with its own trucks.

What does Private Venture Management LLC's operating authority allow?

MC1333273: Motor carrier (may haul regulated property for hire); Broker (may arrange transportation by other authorized carriers, but may not haul the freight itself under this authority).

Which information about Private Venture Management LLC is old or missing?

FMCSA has not issued a safety rating, which means no compliance review is on record, not that the carrier is unsafe.

What should I verify before booking Private Venture Management LLC?

Confirm the authority and insurance on the Motus record for USDOT 4392994. Call the company back on the phone number on file, (712) 790-4098, not a number from an email or load board message. Check that the MC number the dispatcher gave you matches MC1333273, and ask for a certificate of insurance naming you as holder, with cargo coverage that fits your load; if it brokers your load, ask for proof of its BMC-84/85 bond or trust instead.

Company details from the FMCSA Company Census File (Oct 20, 2026). Inspections and crashes from FMCSA MCMIS files. About our data · Report an error on this page (how corrections work).

Page generated 2026-10-20 15:31 UTC.