As a critical component of the U.S. economy, commercial trucking faces myriad operational and liability risks. Developing a risk management program to identify and to mitigate those risks ensures continued profitability. In the first part of our risk management strategies series, we illustrated the importance of fleet risk management in protecting drivers, vehicles, and business … Continue reading “Risk Management Strategies for Trucking Fleet Owners (Part 2)”
Trucking is an essential component of the U.S. economy. Trucks and their drivers traverse millions of road miles each year, delivering millions of tons of goods to distribution centers and consumers. With all those miles traveled and the sheer volume of cargo transported, trucking companies face a myriad of risks. While truck insurance serves as … Continue reading “Risk Management Strategies for Trucking Fleet Owners (Part 1)”
As an essential economic driver for commerce in the United States, commercial trucking is dependent on safe operating practices to reduce risks. Gaining an understanding of common risks – and the best practices for road safety – supplements the protection of truck insurance. In part one of our two-part guide, we covered such practices as … Continue reading “Best Practices for Reducing Risk on the Road (Part 2)”
The commercial trucking sector is a critical component of the United States economy. Truckers cover millions of miles to transport goods between manufacturing and production centers to consumers each year. With the miles traveled and loads hauled, trucking operations face numerous risks. Understanding these risks is the first step toward risk management, a strategy that … Continue reading “Best Practices for Reducing Risk on the Road (Part 1)”
Many people dream of starting their own business. In the modern era, business opportunities can appear around every corner, particularly in the commercial transport industry. Imagine starting your own Auto Transporter business – a business that is in demand for vehicle owners who need their autos transported across town or across the country. If this … Continue reading “Easy Steps for Starting an Auto Hauling Business”
Representing over $7 billion in economic value each year in the United States alone, refrigerated trucks are essential to the transportation industry. These trucks, colloquially known as “reefers”, transport millions of tons of perishable items per year, including food products, medicines, and temperature-controlled cargoes. With over 500,000 refrigerated trailers operating on U.S. roadways, protecting those … Continue reading “Refrigerated Truck Insurance 101”
The trucking industry faces many risks in its operations. With millions of miles traveled and millions of tons of cargo transported each year, the role of risk management in trucking cannot be overlooked. In many cases, trucking companies have little control over outside risks, particularly that of fuel expenses. While trucking insurance protects against a … Continue reading “Tips for the Trucking Industry to Save Money on Fuel”
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”
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”
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”
