Freight Capacity and Truckload vs. LTL Freight capacity is the term shippers use to describe the amount of space secured on trucks and other vehicles to carry their loads. Also known as trucking capacity, it is a critical aspect of managing supply chain deliveries. In the trucking industry, a shipping service that takes the entire … Continue reading “Insurance for LTL vs TL Operations: Part 1”
Commercial equipment insurance is also known as contractors equipment insurance. It pays for theft or damage to contractors’ tools and equipment. Commercial and residential property owners who own or lease equipment for construction projects need commercial equipment insurance. A typical commercial equipment policy covers hand tools, power tools, and construction-related vehicles. Mobile items such as … Continue reading “When You Need Commercial Equipment Insurance”
Semi-truck breakdowns occur more frequently than passenger vehicles. For example, American Trucking Association‘s (ATA) Technology & Maintenance Council’s survey reported breakdowns to occur about every 10,000 miles. Semi-truck breakdowns for truckers are costly and potentially dangerous events. Drivers must know how to handle them among the many hazardous scenarios they encounter on the road. Semi-Truck … Continue reading “What to Do When Your Semi-Truck Breaks Down on the Side of the Road”
You need an Auto Transporter Insurance policy if your business includes hauling cars. It’s the way to safeguard your liability, your vehicles, and the autos you transport from losses. As a car hauler, your load generally has a high value, so you will likely require more insurance coverage and cargo insurance than most commercial truckers. … Continue reading “Auto Transporter Insurance: When Do You Need It?”
Trucking bonds are essential tools motor carriers and shippers need to safeguard against potential risks associated with transporting goods. As such, they play a critical role in the trucking industry. Any business that uses trucks to transport goods or provide services needs trucking bonds to finance operations safely. Trucking bonds provide a guaranteed third-party assurance … Continue reading “The Significance of Trucking Bonds”
Owning a dump truck can provide great benefits, as well as significant challenges when determining usability and safety. Significant investments in United States infrastructure continue to drive demand for dump trucks and their operations, with Grandview Research noting an 8.6% potential growth. Without a doubt, it’s an excellent time to be in or enter the … Continue reading “Why Investing in Dump Truck Insurance Can Be Good”
Operation safe driver week is almost here, and it will be an informative event about commercial truck safety. Large trucks contributed to 107,000 crashes that resulted in injuries in 2020, with 4,842 deaths. The Commercial Vehicle Safety Alliance created Operation Safe Driver Week to improve the driving behaviors of commercial and passenger vehicle drivers. The program accomplishes … Continue reading “What Truckers Need to Know About Operation Safe Driver Week”
Soaring prices across all avenues have left the trucking industry with plenty of decisions to make about cost-cutting. The trucking industry carries the weight of the country’s infrastructure and supply chain. It has traditionally consisted of large transportation companies, logistics businesses, and smaller owner-operators. Unfortunately, the industry is vulnerable to particular challenges, not the least … Continue reading “Soaring Prices Leave Owner-Operators with Tough Choices.”
An accident is the worst possible outcome for a truck driver, and fatality wrecks are every trucker’s nightmare. Unfortunately, research reveals that big rig collisions that result in death have risen sharply in recent years. Specifically, the National Highway Safety Traffic Safety Administration reports that semi-truck fatality wrecks are up by 13%. This alarming statistic … Continue reading “Fatality Wrecks with Big Rigs Up 13%”
There has been plenty of discussions about a proper review of AB-5 and what the law entails for gig workers. The bill that the legislature passed in 2019 has made plenty of waves throughout the gig industry. You may think of musicians when you hear the word “gig,”. However, this term describes a type of … Continue reading “General Advises Supreme Court Reject Review of AB-5”
