Commercial trucking companies serve as a critical link in supply chains across the country. By transporting goods between production and manufacturing facilities and end users, America’s truckers are the lifeblood of commerce. Trucking companies face a wide range of risk exposures in their operations. As a means of reducing risk, adopting best practices serves as … Continue reading “Best Practices for Trucking Businesses”
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Emergency Declarations for Truckers in 7 Minutes
Regulations are an integral part of the trucking industry. In times of crisis, such as conditions surrounding the coronavirus pandemic or natural disasters, regulatory authorities like the Federal Motor Carrier Safety Administration (FMCSA) often issue emergency declarations. Understanding how to deal with state and federal emergency declarations is a critical aspect of risk management for … Continue reading “Emergency Declarations for Truckers in 7 Minutes”
Why You Shouldn’t Take a Statement from Your Driver After an Accident
With millions of miles traveled each year in the United States alone, it is inevitable that vehicle collisions involving commercial trucks occur. After an accident, trucking companies often rush to obtain a statement from the driver as a means of gaining understanding about the factors leading to a crash. Unfortunately, driver statements can often come … Continue reading “Why You Shouldn’t Take a Statement from Your Driver After an Accident”
Your Preventability Program & Potential for Admitting Fault
Preventability programs are a cornerstone of risk management in the commercial trucking industry. Coupled with trucking insurance and safety-oriented operational approaches, these programs can help reduce the likelihood of a serious crash, potentially saving thousands or even millions of dollars in expenses for trucking companies. Even with their benefits, however, preventability programs – particularly regarding … Continue reading “Your Preventability Program & Potential for Admitting Fault”
Truck Driver Jobs Site Facilitates Employment Connections for Free
The commercial trucking industry faces many challenges. One of the primary challenges is in staffing, or finding qualified drivers to keep operations running smoothly. Now, a newly updated website promises to facilitate the job search process for truckers. As a risk management step that supports trucking insurance, the website can help trucking companies overcome one … Continue reading “Truck Driver Jobs Site Facilitates Employment Connections for Free”
Insurance Requirements for Household Moving Trucks
Moving companies are responsible for safely packing and transporting household goods from one location to another. During the moving process, household moving companies are exposed to a wide range of risks. Companies are not only responsible for their vehicles and drivers, but also the personal belongings they are transporting. Household goods mover insurance is designed … Continue reading “Insurance Requirements for Household Moving Trucks”
Crude Oil Price Increase Leads to More Expensive Diesel Fuel
The commercial trucking industry has faced many hurdles over the past two years. In an industry filled with myriad logistical, liability, and operational risks, fuel pricing is one that has the potential to upend business operations. Latent demand for crude oil as world economies reemerge from their pandemic lockdowns has caused oil prices to climb; … Continue reading “Crude Oil Price Increase Leads to More Expensive Diesel Fuel”
President Biden to Rescind Trump’s DOL Classification Laws
The trucking industry faces numerous regulatory challenges as it conducts daily operations to move cargo across the country. Many of these regulations are designed to establish safety standards, while others focus on employment-related aspects of the transportation sector. During the Trump Administration, rules governing worker classifications were adopted; under the new Biden Administration, two of … Continue reading “President Biden to Rescind Trump’s DOL Classification Laws”
Gas Shortages Predicted Summer 2021
It is no secret that the coronavirus pandemic of 2020 has created significant economic hurdles felt across industries. The commercial trucking sector, deemed essential for transporting medical supplies and consumer goods, fared better than most but still faced driver shortages, supply chain interruptions, and economic downturns. The role of trucking insurance in protecting against business-related … Continue reading “Gas Shortages Predicted Summer 2021”
What is Intermodal Insurance & Who Needs It?
The commercial transportation industry is comprised of many parts, each with its own unique contribution to world economies. Freight carriers are an essential component of global commerce, bringing goods from manufacturing and production centers to retail establishments. What if a freight carrier uses more than one transportation method – how is cargo protected? Intermodal insurance … Continue reading “What is Intermodal Insurance & Who Needs It?”