Striking out on your own and working in the gig economy may seem like a risky endeavor for people working in tech or the arts. But one area where being self-employed is actually coming out ahead is in the trucking business. Self-employed truck drivers, also known as owner-operators, earn more per hour and work longer, … Continue reading “In 2019, Independent Truck Drivers Are Earning More Than Company Drivers”
The commercial trucking industry is in the middle of a major overhaul right now. From a massive labor shortage to the electric and autonomous truck markets developing at a fast pace, trucking isn’t the same as it has traditionally been, and is expected to continue in this way in the coming years. One trend that … Continue reading “Driver-Facing Cameras in Trucking Operations: Yea or Nay?”
Flatbed trucks are larger than normal trucks that carry heavy loads, including heavy machinery, steel, vehicles, and more. Because of a flatbed’s payload and its design, the goods that are being shipped are more vulnerable to external exposures, and the trucks themselves are inherently more of a liability on the road when it comes to … Continue reading “Important Insurance Considerations for Flatbed Trucks”
After working in the towing industry for a period of time, you’re bound to pick up a shorthand for certain classifications, industry terms, and road service items. But with a new generation of drivers taking the wheel, it may seem like a bunch of jumbled letters thrown together. With this in mind, it’s probably best … Continue reading “Towing Operators: Make Sure You Understand the Lingo”
Cargo theft of freight trucks on the road has always been a prevalent threat to freight companies. And even though numbers are down, with the uptick in e-commerce and electronics pose a potential threat for trucking companies and their clients. Drivers will park their truck at a stop, go inside to rest, and then come … Continue reading “Truck Stop Cargo Thefts: What Can Be Done”
When it comes to trucking operations, having truck insurance is an important component to keep everything moving in a transparent way. However, if a motor carrier’s driving history is flagged with having the same number as another company, finding the right coverage can be increasingly difficult. Interpreting risk information should be in every carrier’s understanding … Continue reading “How CAB Reports Function in Underwriting Trucking Operations”
The Federal Motor Carrier Administration (FMCSA) has recently announced it will be establishing the Commercial Driver’s License (CDL) Drug and Alcohol Clearinghouse, a new database that will include information related to violations of the U.S. Department of Transportation (DOT) and its controlled substances and alcohol testing program. Currently, the Clearinghouse rule requires FMCSA-regulated employers, Medical … Continue reading “FMCSA Establishes Drug and Alcohol Clearinghouse for Commercial Drivers”
Trucking operations already have enough risk on their plate when it comes to making sure to keep liabilities low. Lost or stolen cargo, disrupted schedules, mechanical issues, damaged goods, and more are all in a day’s work for trucking professionals from road to road. But what if you’re handling hazardous materials that need their own … Continue reading “When Do Trucking Operations Need Hazmat Insurance?”
Trucking freight from location to location can come with many different risks. From losing cargo to damaged packages, getting in an accident to missing a stop, there are many different liabilities that come with hauling cargo. But, since the job must be taken care of, trucking companies and their drivers need to get on the … Continue reading “Who’s Liable for Damaged Cargo?”
Turnover in the trucking industry is reaching high levels as older generations of drivers begin to phase out and recruitment efforts to reach younger drivers hasn’t created many opportunities. The trucking industry is already facing a massive shortage with more of a problem to come in the next decade as current drivers are starting to … Continue reading “How to Recruit and Retain Skilled Truck Drivers”
