Cargo theft is big business and happens everywhere throughout the supply chain – including on trucks, warehouses, terminals, and storage facilities. In 2021, there were 1,285 thefts reported with a total loss value of nearly $58 million in the U.S. and Canada, according to a report by Verisk’s CargoNet, which keeps track of cargo thefts. … Continue reading “Beefing Up Security at Your Warehouse or Terminal”
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”
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?”
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”
Many factors can influence a trucking company’s profit margins and what expenses they can afford on a daily basis. There are certain factors to consider, especially what truckers can control. You can’t control the weather, the whims of a client, or a supply chain disruption — but you can manage your maintenance practices, recruiting methods, … Continue reading “How To Improve Your Trucking Business Profit Margins Part 2”
Your trucking business profit margins often depend on a speedy, efficient, and cost-effective fleet to help you succeed. When supply chain delays or a national trucker shortage slows things down, how can businesses maintain profits — much less increase them? Trucking Business Profit Margins Trucking business profit margins are indeed delicate, but several steps can … Continue reading “How To Improve Your Trucking Business Profit Margins Part 1”
