Two motor carriers with nearly identical operations can receive noticeably different renewal terms. Same fleet size, comparable loss history, similar lanes, and yet one gets a competitive quote while the other gets priced conservatively or declined outright. The difference is often the submission itself. Underwriters make decisions based on what is in front of them,
Read More...Truckers and motor carriers rely on multiple types of insurance to fully protect their operations, equipment, and financial stability. One of the more specialized—and often misunderstood—coverages is trailer interchange insurance. Because it applies in specific situations involving shared equipment, it’s important to clearly understand how it works, when it’s needed, and how to structure it
Read More...Motor carriers occasionally need to exchange or temporarily transfer equipment in order to complete shipments, maintain delivery schedules, or improve operational efficiency. For example, one carrier may move a trailer to a terminal where another carrier completes the final portion of the route. While this type of arrangement can be beneficial for logistics and cost
Read More...As operational challenges ramp up for trucking fleets, industry experts are finding that these challenges disproportionately impact smaller fleets. Increasing insurance costs, maintenance costs, ongoing regulatory changes, road conditions, and driver recruitments are just a few major examples of hurdles that may slow future growth. Small fleets struggle more than their larger counter parts in
Read More...Sometimes motor carriers need to exchange equipment. However, this raises questions about liability. In order for authorized motor carriers to interchange equipment, they must address the following. Interchange Agreement Motor carriers need a written contract or document that describes the equipment. This document should also detail how the motor carrier will use the equipment and
Read More...Truckers and motor carriers need a variety of insurance types to ensure they have full coverage. Understanding trailer interchange insurance can be confusing. Find out more about what it is, who needs it, and other important details below. What is Trailer Interchange Insurance? This is a type of coverage available to truckers and motor carriers.
Read More...Truck drivers and fleets are aware of the importance of CSA scores. While FMCSA can’t suspend a CDL license due to CSA scores, they can target drivers for interventions and levy heavy fines against them. This is why it’s critical for both owner-operators and company drivers to keep their CSA scores low. Drivers can follow
Read More...Every year, the Commercial Vehicle Safety Alliance (CVSA) conducts Brake Safety Week to help reduce the number and severity of crashes caused by defective brakes. This year the CVSA will conduct roadside safety inspections on September 15-21 across the country. Any commercial vehicle found to have a critical vehicle or brake violation will be placed
Read More...Every owner operator knows tailgating is a bad idea and can increase the risk of accidents, injuries, and fatalities. However, many truck drivers fail to allow themselves the appropriate following distance based on their vehicle, road conditions and weather conditions. Check out the five following facts about safe following distances that truck drivers should familiarize
Read More...Many owner operators and small fleets discount telematics, as large fleets are often construed as the primary buyers. However, this doesn’t mean smaller operations can’t benefit from telematics. The data provides valuable feedback for drivers and fleets, regardless of size. Telematics solutions can track acceleration, driver speed, fuel economy, idling time and braking metrics. Telematics
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