Stay up to date on industry trends and topics
Now FMCSA has finalized the proposed rule that we have described in the October Regulatory Roundup called Proposed FMCSA Regulations. In a nutshell, FMSCA will have the power to quickly (within seven days) shut down a broker whose bond falls below the required $75,000. This can happen when a bond pays out on the broker’s bond.
Experienced drivers must constantly fight complacency. Just because a driver has never been in a weather-related accident does NOT mean he or she is practicing safe driving habits. The speed that a driver feels is safe may only be a coincidence.
A recent report from FreightWaves Daily (FW) does much to explain the current freight market and operating environment, citing the imbalance of supply and demand as the root cause.
One of the best ways to protect your company from cargo theft is to become aware of the various methods used by thieves, the type(s) of cargo most targeted, likely locations for theft and education of your drivers. Theft activity also picks up around holidays.
Just in case ICSA members aren’t sure that California intends to enforce its Clean Truck Check (CTC) truck registration and smog check requirements, we share with you that a 2020 Freightliner owned by an Arizona-based carrier recently failed a smog check at one of the new smog-check sites.
Ever wonder who decides the cost of a federal regulation... and that the regulation is worth that price? In business, we understand how materials and labor, together with a reasonable profit, come together to generate a price. In investments, we look for a reasonable rate of return. In both cases, there is a private entity – the consumer, the investor – who makes the final decision.
The federal government is moving to multifactor identification for access to official accounts and databases. You probably already experience updated security when accessing your bank, mortgage or credit card accounts – the same thing is coming at the federal level.
If you think you’re operating in a tougher environment than you’ve seen in years, you are correct! In September, American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 1.1% after rising 0.2% in August.