Nuclear verdicts quadrupled last year, leaving hundreds of carriers out of business and thousands of drivers out of jobs.
And while there is a great appetite out there for the “deep pockets” of the trucking industry, with a few tweaks to your training and documentation system, you can insulate yourself from them.
How can I protect my... Read More
Truck driver turnover hovers around 90% on a good day. This costs trucking businesses a small fortune, from onboarding to maintaining safety standards, to delays that a short staff will inevitably cause. With such a high demand for talent, keeping your drivers means keeping your business on the road without interruptions. The question all trucking... Read More
In 2019, trucking bankruptcies quadrupled due to nuclear verdicts. The strategy seen in courtrooms time and time again involved plaintiff’s attorneys pleading to the juries’ “better angels” to award families millions of dollars as a result of a crash with a truck. This is with or without the trucker’s fault and seems to have no relationship to... Read More
In the last couple of years, insurance premiums for transportation firms have been skyrocketing, and there’s no end in sight. The best trucking companies with the best CSA scores see a 20 to 30 percent increase, while other companies can see a double and even triple increase. Why are we seeing rising insurance premiums for transportation firms and what... Read More
Nuclear verdicts are on the rise, now more than ever. With these verdicts totaling $10 million or more each, this presents a real threat to your business. In fact, the rise of nuclear verdicts has resulted in many trucking companies going out of business, and many insurance carriers are exiting the trucking industry completely. With insurance costs and... Read More
What’s louder, the sound of a truck crashing, or the phone call that comes from the DOT just after? What resources will you need when you are faced with a DOT compliance audit?
DOT Compliance AuditA DOT compliance audit is triggered after an accident, a roadside stop gone wrong, or other road violations. In many cases, a DOT audit is triggered... Read More
How much is the real cost of trucks going out of service due to preventable maintenance? It seems like such an easy thing—check the engine, check the tires, and good to go. But incomplete pre- or post-checks can have a major impact on a trucking company.
An ounce of prevention is worth a pound of cure.Pre- and post-stop checks can seem... Read More
If you’ve been in the trucking industry long, you know all about poor CSA scores, and you’ve heard the dreaded words. The words you hear after something terrible happens. The words uttered again and again inside courtrooms. The words that can mean the difference between walking away and paying out hundreds of thousands of dollars to a... Read More
In May 2019, the Federal Motor Carrier Safety Administration (FMCSA) published its 2017 Large Truck and Bus Crash Facts. And let’s just say: sometimes facts are scarier than fiction. So, how can you manage accident risk for your transportation firm?
According to FMCSA, there was a 9-percent increase in fatal accidents involving trucks or buses... Read More
Compliance, Safety, and Accountability (CSA) shouldn’t just be a priority for your business, but a core value as well. So we’ve compiled our top three ideas for maintaining and improving CSA scores, to help your business develop a culture of safety and keep your drivers on the road.
Keeping your drivers on the road is a top priority, and... Read More
