Truck Fleet Insurance Options and Payment Plans The truck fleet operator has several alternatives in structuring their truck fleet insurance coverage and payment plans. But first we need to segment the various fleet sizes to determine what makes the most sense for your operation. We like to break out fleet sizes as follows: Group I … Continue reading “Truck Fleet Insurance Options”
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Understanding the Many Truck Insurance Coverages
The following is an insurance summary of basic truck insurance coverages for the truck and transportation industry. Insurance is one of the largest fixed expenses that a trucker or trucking company faces today. It is one area that all individuals and companies need to revisit at least annually to make sure their needs are being … Continue reading “Understanding the Many Truck Insurance Coverages”
Tax Deductions for Owner Operator Truck Drivers
Tax deductions for owner operators reduce the amount of self-employment tax and income tax associated with the income reported to the IRS. Self-employed or statutory employees generally file tax deductible business expenses on Schedule C with reported income. Drivers should keep good records and receipts to substantiate any deductions taken. What Type of Expense Can … Continue reading “Tax Deductions for Owner Operator Truck Drivers”
Security Tips for Trucking Companies
The trucking industry is a prime target for theft and criminal enterprise. Thieves look for vulnerable trucks where cargo can easily be stolen. Fortunately, drivers can take measures to protect valuable cargo. Low-tech measures, such as king pin locks, glad hand locks or fuel-line shut-offs might slow the bad guys down, but aren’t always enough … Continue reading “Security Tips for Trucking Companies”
How Long Can Truckers Drive Before Taking a Break?
Regulations are in place for all commercial truck drivers to ensure they are not being overworked. A tired or worn out trucker is a danger to his or herself and everyone else on the road. The main restrictions on drivers are the hours they can drive and mandatory breaks. These rules are set by the … Continue reading “How Long Can Truckers Drive Before Taking a Break?”
How Truck Drivers Can Avoid Rush Hour Traffic
Ask any truck driver how they manage to avoid rush hour traffic and you’ll likely get a sarcastic answer or a chuckle in response. This may be due to the fact that rush hour, in some locations, never really ends. Instead, the heavy flow of traffic continues night and day without really ever ceasing. A … Continue reading “How Truck Drivers Can Avoid Rush Hour Traffic”
Simple Ways Your Trucking Company Can Be More Eco-Friendly
During the course of operating your trucking company, you might have wondered if there are steps you can take to be more environmentally friendly, no matter how minor those steps might be. You’ll be pleased to know that there are actions that support eco-friendly trucking companies. Find out how you can do your part to … Continue reading “Simple Ways Your Trucking Company Can Be More Eco-Friendly”
Tips for Starting Out As an Owner Operator
There’s nothing quite like owning your own business and being your own boss, but you have to take care to make the most of your investment of time, money and energy. The right approach and information can mean the difference between success and failure, so be sure you’re armed with new owner operator tips as … Continue reading “Tips for Starting Out As an Owner Operator”
The ELD Deadline Has Passed: Now What?
The Federal Motor Carrier Safety Administration put into effect a new mandate for truck drivers regarding how they log their hours. The ELD mandate went into effect on April 1, 2018 and requires all drivers to now use an electronic logging device to track and record their hours of service. These devices are installed into … Continue reading “The ELD Deadline Has Passed: Now What?”
What to Discuss During a Trucking Safety Meeting
Letting your drivers know that safety is key to success is imperative when running a large or small fleet. One of the most common ways to do this is to hold regular safety meetings where instruction, safety talks, innovative ideas, discussion and policies may all be reviewed Professional drivers are, in actuality, some of the … Continue reading “What to Discuss During a Trucking Safety Meeting”