Industry News

Canal Insurance: Broker of Record Guidelines

At our General Agent Partners Meeting, Dave Pauly and the Senior Management Team released several updates on new policies and procedures. This eBlast is one of a series that will cover the topics discussed, answering many of the questions posed during the meeting.  The following points outline what is required for a BOR/AOR letter to be considered acceptable, how Canal accepts that letter, and other requirements for current and future accounts with Canal.

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Cost of Congestion to the Trucking Industry

INTRODUCTION

Trucks transported nearly 10 billion tons of freight representing over two-thirds (68.8 percent) of total domestic tonnage shipped1, and traveled more than 279 billion miles on the nation’s roadway network in 2014.2 Due to the critical role of safe and reliable truck movements in sustainable economic growth, it is essential to continually monitor and evaluate the efficiency of the national roadway system. A key impediment to nimble supply chains is the level of traffic congestion experienced on U.S. roadways, and the subsequent costs that are incurred due to this congestion.

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INSTRUCTIONS for FORM MCSA-1

WHO MUST FILE

This form must be filed electronically by all for-hire motor carriers and private motor carriers operating commercial motor vehicles (CMVs), brokers, freight forwarders, hazardous materials safety permit applicants, cargo tank facilities, and intermodal equipment providers operating in interstate or foreign commerce. A new applicant must file the Form MCSA-1 before beginning operations. In addition, all for-hire motor carriers, brokers and freight forwarders must file this form electronically to notify the Agency of a transfer of operating authority registration and provide a copy of the operating authority registration being transferred. All supplemental documents should be scanned and uploaded as appropriate. A transferee of operating authority registration must complete the entire Form MCSA-1 to obtain a USDOT Number if it does not currently have one. All entities must use this form to update their information as required.

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Tommy’s Blog 7-21-2016 Update on URS

Blog by Tommy Ruke, The King Pin – Leading Expert in Truck Insurance

Update on URS 

For those of you who read my blog last week concerning the URS, hopefully you noted where I often said, “if the government meets their time line”. Well they did not. Thanks to Greg Feary of Scopelitis, Garvin, Light, Hanson and Feary we got an early notice of the delay. A lot of you might have this information already. I am sure we will receive more details from the FMCSA, which I will share with you. I did want you to know what we knew as soon as possible. Here is the information I was furnished:

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Tommy’s Blog – Update on URS – 7-21-2016

 

Tommy Ruke Blog – Nov 2015

ALWAYS BLAME THE GOVERNMENT!

Most of you have heard me say: “Always Blame the Government” at educational presentations. The government is at it again. What Congress starts and passes will have an impact on an insurance provider underwriting a motor carrier.

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Tommys Blog – Always Blame the Government

 

Secrets of Better Fuel Economy

Understanding Fuel Economy

The importance of fuel economy to the successful operation of a trucking company cannot be understated. Fuel is one of the largest variable costs in a trucking venture, and, while no trucking operation can control the cost of fuel, it has at least some control over the amount or rate of consumption.

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Secrets of Better Fuel Economy

 

Mirrors Make A Difference

 LARGE TRUCK AND BUS CRASH FACTS 2010; August 2012 Analysis Division Federal Motor Carrier Safety Administration This report contains information on drivers of large trucks in fatal, injury, and property damage only crashes and on people killed or injured in large truck crashes. It is important to note that the number of large truck drivers in crashes is not exactly equal to the number of large trucks in crashes, because no driver information is provided for some crashes.

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TVE Mirror Check Station

Tommy Ruke’s Blog – Certified Medical Examiner

 

DOT PHYSICALS MUST BE PERFORMED BY A “CERTIFIED MEDICAL EXAMINER” EFFECTIVE MAY 21, 2014

 

 

Do your insureds know about this new requirement? – Larger ones yes but smaller ones maybe not.  If this requirement is not complied with, a motor carrier could be fined if a compliance review is conducted at their location.  When drivers are stopped and an officer reviews the driver’s medical card and it does not meet the new requirement, the driver will be cited for a violation.  If a crash happens and the driver had a “medical concern” that could have been a factor in the crash and the driver’s medical card is either expired or the physical has not been performed by a “certified medical examiner”, the plaintiff’s attorney has another “fact” to seek money for.

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Tommy’s Blog – CERTIFIED MEDICAL EXAMINER – 5-7-14

Tommy Ruke Blog – CSA 2014

 Blog by Tommy Ruke, The King Pin – Leading Expert in Truck Insurance

CSA 2014?

Thanks to MCIEF Honorary Member Rob Moseley, of Smith Moore Leatherwood LLP, for allowing us to share his recent article with our members. I’m sure you’ll find it very interesting and informative.

 

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Tommy’s Blog – CSA 2014

Obtaining A New DOT Number

A question that has been posed to me by a number of agents in the past few weeks – “My insured is having difficulty obtaining loads because of their high CSA score, so they are thinking about getting (or have gotten) a new DOT# under a different name – Is this a good idea?”

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