Posts Tagged ‘litigation risk’

Logistics – Legal Trouble after COVID-19

The dawn of the Coronavirus pandemic brought about a shift in behaviors like the country has never seen. The variance from normal created nationwide shutdowns, self-isolating citizens, and a dramatic spike in unemployment rates.

As fear of the unknown spreads across the country, one thing remains the same;

Trucking companies must keep... Read More

Nuclear Verdicts: Three Steps for How Your Firm Can Avoid Them

A truck driver's dash while driving including a gps unit | nuclear verdicts

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

How Reporting Reduces Insurance Costs and Litigation Risk for Transportation Firms

Truck driver logs his work in a notebook | Insurance costs and litigation risk

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

Marijuana Legalization: DOT to Audit Drug-Testing Policies

Marijuana Legalization

The U.S. Department of Transportation is reviewing its drug policies in light of marijuana legalization. And it looks as if the policies are about to get tougher.

Marijuana Legalization: DOT to Audit Drug-Testing Policies

Currently, marijuana is allowed in various state-regulated forms in 33 states. That means 95% of the country’s... Read More

Records. Records. Records. The Key to Mitigate Risk

mitigate risk

You’re in a risky business. Every business has moving parts, but yours weigh several tons and are rolling down the road at 60+ miles per hour. Every business has financial risks, but yours include millions in cargo, as well as serious health and safety hazards. Your risks can lead to devastating financial losses, as well as the loss of human life.... Read More

Why Documentation is Key to Risk Mitigation

risk mitigation

What are your biggest risks in the trucking business? Apart from road conditions, hazardous freight, and unpredictable passenger vehicles, your biggest risks are financial. How do you make wise choices, mitigate costs, and stay on the black side of your ledger? Discover how the key to risk mitigation is frequent training and... Read More

How Our System Mitigates Legal Trucking Liability

Mitigate Legal Trucking Liability

If you’re in the trucking business, you definitely want to stay out of the courtroom. But with millions of tons of truck on the road every day, that’s hard to guarantee. Driver training, maintenance, and good management help you mitigate that risk as much as possible. But what are you to do when one of your drivers fails to live up to... Read More

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