The Importance of Small Trucking Fleets in Freight Transportation

The trucking industry is responsible for moving 72.5% of our country’s freight. Small trucking fleets, characterized by six or fewer vehicles, are responsible for handling 91.5% of this freight, demonstrating the significant role they play in the movement of goods across the country. Following are several reasons why we rely on small trucking fleets to … Continue reading “The Importance of Small Trucking Fleets in Freight Transportation”

The Importance of On-Time Insurance Payments

Late insurance payments occur for a number of reasons, including accounting oversights or cashflow issues. However, it’s important to be aware of how late insurance payments can affect your trucking business. Coverage Gaps If insurance payments are not made on time, the trucking company’s policy may cancel and lead to a loss of coverage. For … Continue reading “The Importance of On-Time Insurance Payments”

Lawmakers Looking to Get the Younger Generation Behind the Wheel

As part of a requirement under the bipartisan Infrastructure Investment and Jobs Act (IIJA), in 2022, the Federal Motor Carrier Safety Administration (FMCSA) established the Safe Driver Apprenticeship Pilot Program (SDAP). The goal of the three-year program is to help individuals ages 18, 19, and 20 explore interstate trucking careers and help trucking companies hire … Continue reading “Lawmakers Looking to Get the Younger Generation Behind the Wheel”

FMCSA Proposes Changes to Its Safety Measurement System

The Federal Motor Carrier Safety Association (FMCSA) in February announced proposed changes to its Compliance, Safety, Accountability (CSA) program to reduce and prevent crashes. Public comments on the proposed changes are due this month. The FMCSA’s goal is to ensure greater consistency in results by holding similar carriers to the same standard, regardless of how … Continue reading “FMCSA Proposes Changes to Its Safety Measurement System”

90-Day Truck Inspections: Part II

In a previous article, we discussed the requirement for daily vehicle inspections by the U.S. Department of Transportation’s (DOT) Federal Motor Carrier Safety Administration (FMCSA). In this article, we will look at the requirements for 90-day inspections, as required by the state of California. If your truck has a GVW (gross vehicle weight) rating of … Continue reading “90-Day Truck Inspections: Part II”

How Florida’s Tort Reform Will Impact Trucking Industry

Florida Governor Ron DeSantis signed sweeping tort reforms into law on March 24, 2023, making significant changes to the state’s litigation system. The reforms took effect immediately and are seen as a win for the trucking industry. Florida has been among the worst states in the nation for nuclear verdicts, where damage awards exceed $10 … Continue reading “How Florida’s Tort Reform Will Impact Trucking Industry”

Tips for Commercial Truck Drivers: Making Safe Right Turns

Commercial trucks are difficult to maneuver and stop. If a large truck and automobile collide, the accident could be catastrophic. Instances of accidents occurring include when truckers are making a right turn. Other vehicles, for example, attempt to squeeze along the right side of a truck to pass or make a right turn while a … Continue reading “Tips for Commercial Truck Drivers: Making Safe Right Turns”

How DOT Inspections Are Used for Insurance Underwriting

Information collected about a transportation carrier during a routine inspection at weigh stations is posted and kept on the Department of Transportation (DOT) website and available to the public. Insurance company underwriters utilize this data when evaluating a risk and determining account acceptability and pricing. Why Are DOT Inspections and Compliance So Crucial for Insurance … Continue reading “How DOT Inspections Are Used for Insurance Underwriting”

Inside Finance/Lease Gap Coverage As Part of Physical Damage Truck Insurance

Our last article looked under the hood of Physical Damage Truck insurance, which provides owners/operators of truck and trailer equipment with collision and comprehensive coverage. Collision coverage protects you in the event of a collision or overturn, while Comprehensive coverage protects you against most other physical damage losses. These losses could be caused by fire, … Continue reading “Inside Finance/Lease Gap Coverage As Part of Physical Damage Truck Insurance”

Under the Hood of Physical Damage Truck Insurance

Your truck and trailer equipment are the lifeline of your business and represent a significant investment. If your truck is damaged in an accident or fire or vandalized or stolen, you’re off the road, and your business is temporarily sidelined. Physical Damage Truck insurance steps in to get your truck and equipment repaired or replaced, … Continue reading “Under the Hood of Physical Damage Truck Insurance”