How To Temporarily Shut Down Your Trucking Company
With trucking jobs evaporating and fears of a deep 2023 recession, many owner-operators and small fleets may be struggling. In the past year alone, we are seeing a high amount…
ATRI Driver Camera Survey Will Gather Trucker’s Opinions on Safety and Privacy
Accidents will inevitably happen, but proactive safety is vital in proving you are taking safety precautions to prevent accidents from happening. But some safety technology raises concerns about driver privacy.…
What is a Garaging Address and Why is it Important for Trucking Insurance?
When carriers go through the process of receiving a commercial trucking insurance quote, the insurance agent will ask for all vehicle’s garaging location. The term “garaging address” is just where…
What is a Freight Broker? FMCSA Reviewing Definition
When should a dispatch service be considered a bona fide agent? What role do bona fide agents play in the transportation of freight? The FMCSA is considering everything. In a notice that…
Insuring Young Truckers Depends On Experience and Safety History
The widely held belief that commercial drivers under the age of 25 cannot be insured is a myth, but it will be expensive. A new rigorous Safe Driver Apprenticeship Pilot…
How FMCSA’s Possible Safety Measurement System Changes Will Affect Trucking Insurance
Actively managing the Safety Measurement System (SMS) scores is crucial to motor carriers, underwriters, and how risk is measured in the trucking industry. It will only become more central to…
How A New Venture DOT Audit Could Increase Insurance Rates
As a new entrant motor carrier, you must undergo a safety audit within the first six to 18 months after receiving their DOT number to ensure compliance with applicable Federal…
What Carriers Need To Haul Into Canada
General freight liability coverage minimum must be $1,000,000 instead of FMCSA’s $750,000 minimum and the truck cargo coverage depends on Gross Vehicle Weight (GVW). Many U.S. carriers look to increase…
The Important Difference Between Freight Forwarders And Freight Brokers
For many, it can be difficult to distinguish between a freight broker and freight forwarder as the terms are often used interchangeably. However, there are important differences from what they…
Insurance Broker Bonds 101: What To Know About Freight Broker Bonds
A freight broker bond (BMC-84) is required by the FMCSA for freight brokers before receiving a freight broker license. An insurance broker bond is a promise that brokers will develop…
