Viewing posts categorised under: Trucking Insurance

Uber Freight Technology for Owner Operators

Posted on October 10, 2018

Truck Insurance

 

 

 

 

 

Uber launched its innovative trucking app “Uber Freight” a little over a year ago with the intention of revolutionizing how truck drivers perform their jobs. The app works much like standard Uber services. However, instead of pairing a rider with a driver, the app pairs a truck driver looking for a job with nearby freight. Truck drivers can plan these jobs weeks in advance or the day of if they so desire.

Why is Uber Freight Good for Owner Operators?

One of the key differences for truck drivers booking a load with Uber Freight versus on their own is that they don’t have to negotiate the fare with shippers. Uber Freight predetermines and guarantees prices before the shipment begins. Once the driver delivers the freight, the app starts the reimbursement process and guarantees payment within seven days.

How Does Uber Freight Calculate Prices?

Uber Freight takes a number of factors into consideration when developing a delivery price. These include:

  • Distance. This is one of the biggest elements in determining a price for a delivery.
  • Cargo type. Some cargo is more valuable or sensitive and thus nets a higher rate.
  • Location. Certain areas generate higher prices much like any other service.
  • Surge pricing. Uber Freight understands supply and demand and adjusts prices to reflect the marketplace.

How Does the App Work?

Traditional Uber services don’t give the rider many options when it comes to their driver. However, Uber Freight offers Owner Operators many options to secure the best load for their rig. Drivers can swipe through a variety of available jobs rather than the app pairing them with one like Uber does for traditional riders. The app also recognizes the need for fine-tuning and allows drivers to sort by date, time, and location.

Uber Freight Perks Program

Uber Freight developed a reward program called Uber Freight Plus for drivers that frequent app users. The app offers different discounts based upon frequency such as:

  • Uber Freight Plus fuel card. So long as drivers book one load per month, the app saves them 20 cents per gallon at TA/Petro truck stops and 15 cents per gallon in participating Roady’s gas stations in California, Texas, and Illinois. These individuals can also save up to 30% on Goodyear tires.
  • Savings on truck purchases. Once an individual hits 10 loads per month, they can save up to $16,000 at Navistar on new trucks or earn a $4000 rebate for used trucks from participating brands. Navistar also offers 20-50% off the cost of parts and vehicle maintenance.
  • Other perks and benefits. There are several bonuses for drivers who use the Uber Freight Plus app such as discounts on phone plans with Sprint.

The app also learns driver preferences over time much like Pandora creates unique stations for its users. The app pays attention to the driver’s preferences, such as where they prefer to travel, and makes recommendations on available jobs. Drivers can also list their availability to help companies match with them.

Uber Freight can be a major benefit to independent operators and small fleets. Harnessing the power of innovative trucking technology can help truck drivers decrease the amount of time they spend looking for jobs and improve their overall bottom line. To learn more about enhancing and protecting your trucking operation, contact the experts at Interstate Motor Carriers.

How to Prepare Your Trucks for a Hurricane

Posted on September 17, 2018

Truck Drivers - Fleets - Hurricane Preparation

 

 

 

 

 

As Hurricane Florence continues its trek across the east coast, truck drivers are reminded now more than ever that hurricane season is still in full force. Although this summer has been relatively quiet concerning hurricanes, Florence made up for the calm with Category 4 winds and torrential rainfall. Weather events of this magnitude require that truck drivers need to take extra precautions to ensure their personal safety, and the safety of their trucks and cargo.

7 Steps to Prepare Truck Drivers For Sever Weather Events

Weather events like Hurricane Florence will have long-lasting effects on truckers, from closed roads, to flooded terminals, the impact of these events can dramatically impact drivers and fleets. The following steps can help truck drivers manage changes in their routine and stay safe during the storm:

  1. Cancel or reroute all deliveries that cross through the path of the storm.
  2. Allow for extra time to reach locations, and plan multiple alternate routes.
  3. Pay close attention to National Weather Service announcements (every two hours as the storm approaches). Many locals may believe the storm won’t be as significant the news portrays. Inaction can result in tragedy. Heed all local weather advisories and evacuation notices.
  4. Move all vehicles that won’t be used to higher ground in areas affected by the storm. The location should be free of trees, power lines, or any other objects that could impact the vehicle.
  5. Fill all vehicle fuel tanks prior to the storm, as power may be interrupted in many locations and cause delays in fuel deliveries. This can lead to closed fuel stations, long lines and increased prices at the pump in areas affected by the path of the storm.
  6. Perform a thorough pre-trip inspection to ensure tires, windshield wipers, and all lights are operational. Drivers do not want to be caught in bad weather when they discover a problem with their vehicle they could’ve addressed before they started driving.
  7. As always, slow down, increase driving distance, brake slowly, and make sure headlights are on during inclement weather.

Important Changes to HOS Rules for Hurricane Florence

Truck drivers in the most affected areas trying to evacuate don’t need to worry about violating hours of service (HOS) regulations. Both the Governor of North Carolina and South Carolina issued executive orders waiving HOS rules as well as Size & Weight requirements for truck drivers as they prepare for Hurricane Florence. The Federal Motor Carrier Safety Administration (FMCSA) also issued a Regional Emergency Declaration for Delaware, D.C., Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Virginia, and West Virginia exempting drivers from Parts 390-399 of Federal Motor Carrier Safety Regulations (FMCSRs). Restrictions do apply, so drivers should be sure to familiarize themselves with the Emergency Declaration.

A truck driver’s number one priority during a hurricane should be his or her safety. To learn more ways to reduce your risks, contact the experts at Interstate Motor Carriers.

 

Telematics for Owner Operators & Small Fleets

Posted on August 27, 2018

Telematics for Owner Operators & Small Fleets

 

 

 

 

 

 

 

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 can provide exact location data for all vehicles and trailers, extremely beneficial in the event of a stolen truck or lost trailer. Many small fleets write off telematics because they are often considered large scale applications and come with an equally large price tag. However, there are many cost effective solutions today, and even basic smartphone apps, that drivers and managers can use to obtain Telematics data. While a smartphone app alone would be cumbersome for larger fleets, a manager of a small fleet can track the data for a few trucks from the palm of their hand.

More robust Telematics solutions, from organizations like Lynx Telematics and DriverCheck offer some highly advanced features, though many of these organizations also offer an owner operator version of this technology. Here is sampling of features available from the DriverCheck Telematics solution:

• Driver Behavior-harsh brake/fast acceleration/speeding
• Posted speed limit analysis
• Maintenance alerts and reports
• GIS map integration
• 3rd party vendor software integration
• Driver ID
• Panic Button
• PTO/Accentuator Monitoring
• Unlimited user(s) access from any internet connected device
• Idle and start stop driving reports
• Client customization reports
• Email/text message event based alert notification

Though pricing and features vary widely, costs for Telematics can range from under $14 per month for one truck, to over $40 per month per vehicle.

Owner operators and smaller fleets need to embrace newer technologies to stay competitive. As functionality increases and costs decrease, even the smallest trucking firms can improve operations and profitability by utilizing these cloud based solutions. To learn more about mitigating your trucking risk, contact the experts at Interstate Motor Carriers.

The Future Is Now For Trucking

Posted on August 07, 2018

New Jersey Truck Insurance

 

 

 

 

 

 

 

Many within the transportation industry scoffed at the notion of autonomous vehicles, and they weren’t alone. The idea of self-driving vehicles seemed like science fiction at best and dangerous at worst, yet the technology is here and already in use. Budweiser shipped over 50,000 cans of beer in a self-driving truck, and Uber, Waymo, Tesla and Embark are all running live pilots with autonomous trucks. While the technology isn’t 100% ready for the public at large, it’s rapidly becoming a reality. High tech tools and futuristic technology are dominating recent transportation publication headlines with solutions like these, which are all available today:

Telematics and GPS Fleet Tracking Systems

Simply said, telematics encompasses the software and devices that power the electronic features found in all vehicles including trucks. GPS is one of the key applications in telematics, and includes:

  • Navigation, fuel monitoring and route planning
  • Driver behavior applications including braking, fast acceleration and speeding
  • Complex route planning and arrival/departure alerts
  • Automated tracking and analytics productivity reports
  • Trailer tracking and historical routing
  • Idle and start/stop driving reports

ELDs and Trucking Software Applications

ELDs provide the wireless tools and technology to ensure that truckers and fleets maintain compliance with the FMCSA ELD mandate.

Self-driving Trucks and Platooning

As mentioned previously, self-driving truck testing is well underway. Platooning is also being tested by manufacturers including Daimler. Platooning extends self-driving technology by wirelessly tethering trucks together, allowing them to operate in a tighter highway formation (convoy) than would be possible with human drivers at the wheel.

Electric Vehicles

Tesla is the big name when it comes to electric vehicles, and Tesla Semi, the automaker’s electric truck division has been accumulating many reservations over the last few months. Tesla is expected to produce all electric trucks in 2019. But they aren’t alone, as many major manufacturers are actively working on completely electric trucks. Volvo has announced two new fully-electric trucks designed to take the place of urban delivery and refuse collection vehicles. Both will be available in the European market in 2019.

What to Expect in the Coming Years

As if the list above insufficiently represents the dramatic changes happening in the trucking industry, there are some seemingly imminent and impressive technologies expected to impact truckers and fleets in the near future. These include:

Augmented Reality

Heads up displays (HUDs) are nothing new for vehicles, but augmented reality is about to take them to the next level. BMW is working on a HUD that can superimpose real-life objects from the road onto a truck’s HUD to allow drivers to navigate obstacles with greater ease.

Software Repairs

Trucks require ongoing maintenance and recalibration to perform at their optimum level. However, new technology will allow software to make these calibrations without ever pulling into a repair shop.

Trucking companies need to prepare for these dramatic changes, and Interstate Motor Carriers can help. Contact us to learn how we can help protect you today and in the future.

Will Military Drivers Help Solve the Driver Shortage?

Posted on July 23, 2018

military truck - Truck driver shortage - trucking insurance

 

 

 

 

 

 

With the commercial driver shortage already affecting the industry, the Federal Motor Carrier Safety Administration (FMCSA) has been making big changes to try to stabilize the situation. Part of their plan includes a pilot program allowing 18 to 21-year-olds with prior relevant military experience to operate commercial motor vehicles (CMVs) in interstate commerce. The program is also targeting civilians 18-20 with licenses to operate CMVs in intrastate commerce and 21 to 24-year-olds already licensed for interstate commerce. This final demographic will serve as the control group to compare stats and scores for safety and general operations.

What Are the Program Requirements?

Around 50 carriers will participate in the pilot program of 600 drivers—200 for each designated group of drivers. FMCSA estimates they will need an additional 20 carriers and 300 drivers to account for turnover rates. In addition, the US DOT agency is giving preference to carriers that can provide an even number of drivers for each group. FMCSA is also taking significant measures to ensure the safety of all participating drivers as well as the motoring public.

The qualification requirements include:

  • Carrier contact info and demographic stats
  • Retain drivers’ background info form and consent form
  • Responsible for training drivers on the FMCSRs and maintaining compliance
  • Cannot be a moderate or high-risk carrier
  • Cannot have conditional or unsatisfactory safety ratings
  • Cannot have any open or closed enforcement actions in the preceding six years.
  • Cannot be above the national average for vehicle and driver out-of-service (OOS) rates or crash rates

Additional provisions apply once participating in the program. These include:

  • Provide monthly data reports on driver activity, safety results, and other supporting details
  • Inform FMCSA within five days if a driver leaves a participating carrier
  • Inform FMCSA within one day of any injury or fatality, alcohol incident, or if a driver leaves the program altogether

Much like the carriers, participating drivers also have requirements. FMCSA disqualifies drivers if they:

  • Had more than one license
  • Had a canceled, disqualified, revoked, or suspended license
  • Had a traffic violation other than a parking ticket per military, state, or local laws
  • Had a conviction for any of a variety of motor vehicle violations (i.e. DUI, BAL greater than or equal to 0.4 while operating a CMV, fled the scene of a crash, reckless driving, etc.).

Understanding the Driver Shortage

By the end of 2016, the driver shortage stood at 36,500. The American Trucking Association (ATA) thinks that number will exceed 175,000 by 2024 due to a variety of factors including demographics, regulations, lack of work-life balance, and an aging workforce. This final element, driver retirement, will account for almost half of the demand for new drivers. The economy is already feeling the effects of the shortage, as the cost for deliveries increased and delivery times lengthened. The driver shortage problem isn’t just a matter of filling a labor gap. Retention is a significant element of ensuring the survival and success of a fleet.

To learn more about improving your trucking business and coverages, contact the experts at Interstate Motor Carriers. We will help implement innovative solutions to meet your retention and risk management needs.

 

Preventing Fleet Fraud

Posted on June 13, 2017

Fleet fraud is costly. A staged accident or injury claim by an employee can mean expensive payouts and increased insurance premiums, so it is essential that your business take steps to prevent and detect employee fraud. Anti-fraud measures and internal controls can and should be designed and customized for each individual organization based on its unique characteristics. In addition, stay alert for these red flags:

  • Driver with a history of prior accidents of similar circumstances
  • Driver with multiple past claims with the same attorney
  • Driver that demonstrates familiarity with claims process and claim evaluation
  • An overly enthusiastic witness present at the accident scene

Fleet management programs that include a fleet safety policy are most successful at preventing fraud when they cover the following areas:

  1. Management commitment: Clearly define management’s role and commitment to preventing and detecting fraudulent claims. Most perpetrators of fraud engage in illegal conduct only when they perceive that they will not be caught.
  2. Written policies and procedures: All permitted and prohibited driver behavior, along with proper procedures to follow in the event of an accident, should be clearly listed in a written policy.
  3. Driver agreements: Documenting a driver’s commitment to conform to all policies and procedures can help deter aberrant behavior. If an organization increases in its employees’ minds the perception that the illegal acts will be detected, it deters occupational fraud.
  4. Motor vehicle record checks: Conducting a motor vehicle record check in addition to a standard background check can expose any suspicious driving or claims patterns before hire or before permitting an employee to use a company vehicle.
  5. Crash reporting and investigation: Conduct thorough investigations of each claim. Provide forms for employees to complete in the event of an accident.
  6. Vehicle selection, maintenance and inspection: Conduct regular inspections to demonstrate ’s commitment to preventing accidents and fleet fraud.
  7. Disciplinary action system: Make the serious repercussions of fraud clear, including legal action and termination. Adopting concealed internal controls may assist in detecting fraud, but it generally does not prevent it because employees are unaware of their presence and potential detective ability.
  8. Reward and incentive program: Reward employees for good driving habits and lack of accidents and claims. For any business operating vehicles under a fleet motor insurance policy, it is important to demonstrate to an insurer that adequate fleet procedures are in place to minimize costly risks—including occupational fraud.

For more information about controlling insurance costs, contact the professionals at Interstate Motor Carriers today.

Driver Retention

Posted on March 23, 2017

Driver retention is a constant struggle for many transportation companies throughout the country. The industry continues to learn more about why retaining drivers is a problem and how to fix it. For a business owner, it is important to try to understand how driver retention impacts your business and to move forward making a valiant effort to retain your drivers!

In-cab satellite TV provider EpicVue recently conducted one-on-one informal conversations with 138 drivers at truck stops across North America as to why pay is the most important compensation for truck drivers.  Lance Platt, EpicVue’s CEO, noted that “perks” ranging from health care benefits to vacation time and larger sleeper cabs are becoming more important, especially to younger drivers.

Gemini Motor Transport is a fleet that began rewarding drivers for driving safely. Credits are awarded to Gemini’s drivers on an annual basis; to earn one credit the driver must have no accidents, tickets or fuel-related incidents over the period of one year. They must also pass all U.S. Department of Transportation and Gemini inspections. Once drivers accumulate five credits, they are eligible for a bonus which can range from $25,000 to $35,000. Since this program began, turnover rates significantly dropped and is extremely low for the industry.

Bonuses and rewards can be highly effective, but there are other ways to improve your driver retention!

  • Establish a driver council made up of new and veteran drivers who give insights to fleet managers of the view from the driver’s seat
  • Speak to all drivers regularly to set expectations and troubleshoot issues
  • Perform management ride-alongs
  • Create a consistent driver on-boarding experience
  • Hold monthly driver meetings
  • Implement driver recognition programs

These tips help communication within the fleet, show that you as an employer care about your employees, and generate respect and loyalty throughout the company. When employees feel proud of the company they work for, the company is doing something (a lot of something) right. The higher the opinion your driver has of your company, the more likely it is that they will continue driving for you! The key to retaining drivers is to set goals, have conversation, and obtain mutual respect.

The Road to Healthy Drivers

Posted on March 10, 2017

Being a truck driver can pave the way for an unhealthy life style. It may seem like sleeping less or stopping at fast food restaurants is an efficient lifestyle for someone who essentially live on the road, but this is not the case.

Getting adequate sleep is the first step in becoming a healthier trucker, being a fatigued driver puts you and others on the road in danger. Getting 7-8 hours of sleep a night is imperative for a healthy lifestyle, but sleeping well is not enough to remain healthy. The next tip to becoming healthier on the road is to stretch and exercise daily. As a driver you are sitting and focusing on the road for more than half of your waking hours, try to stretch at every stop to prevent your muscles from becoming stiff and achy. It may seem impossible to exercise daily when you’re on the job, but exercising doesn’t have to mean lifting weights for two hours. Try walking 30-45 minutes once a day at rest stops, maybe try walking for 10 minutes at four different stops!

As you are beginning to create a healthier body on the outside it is important remember that cliché saying’ “you are what you eat”. Staying alert and focused is a huge part of a truck driver’s job and by fueling your body with healthy food you are help your body to do so! Try packing a cooler with fruits and vegetables, if this isn’t an option try shopping smart at gas stations by buying nuts or head to the fridge and look for some fruits and vegetables there! Fueling your body so that it works the best that it can means drinking more water and less caffeine, try to not drink caffeine an hour or two before bed time to ensure the first step of a good night’s sleep.

Although these are all essential ways to stay physically healthy on the road it is extremely important to stay mentally healthy as well. Listen to your favorite music while you drive, chat with family and friends as you’re walking at those rest stops, and put some time aside to do something for yourself (read, relax, play a game). Taking care of yourself is especially important on the road because the alternative could mean you are putting people’s lives in danger. Start one step at a time so you can be the healthiest person, driver, and self that you possibly can.

 

Transferring Liability and Equipment Between Motor Carriers

Posted on November 01, 2016

shutterstock_348061355 amSometimes 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 how much compensation is required for the equipment’s use. All involved motor carriers must sign the agreement.

Operating Authority

Any motor carrier who wants to participate in an equipment interchange must register with the Secretary of Transportation. The Secretary will then supply the transport of equipment at the designated location for the physical exchange.

Bill of Lading

The original motor carrier must issue a bill of lading in order for the equipment interchange to progress. The bill of lading provides a receipt of services rendered.

Identifying the Equipment

The motor carrier receiving the equipment must identify all power units. The motor carrier must have a document verifying they are operating the equipment. The document should provide other details as well such as the date and time the motor carrier assumes responsibility for the equipment.

Connecting Carriers and Liability

Any motor carrier who transfers equipment from one motor carrier to another assumes ownership of the equipment. This applies to both leasing and returning equipment.

Trailer Interchange Insurance Coverage Explained

Posted on October 18, 2016

trailer-interchangeTruckers 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. It provides coverage in the event that the insured damages a trailer that belongs to another individual. It is not uncommon for truckers and motor carriers to transport trailers that belong to a different motor carrier. This is how drivers can trade trailers en route to maintain scheduling demands. This type of arrangement is known as a trailer interchange agreement. The trailer interchange insurance labels the trailer possessor as the responsible party. It provides coverage in the event of an accident, fire, theft, and other types of physical damage.

Who Needs It?

If you make use of trailer interchange agreements, then you need trailer interchange insurance. The purpose is to protect you while you are moving cargo or a trailer that is not yours. The truck driver or motor carrier moving the trailer is almost always responsible for paying for damages should they occur.

Things to Know

Like other types of insurance, trailer interchange insurance has limits and deductibles. Limits and deductibles go hand-in-hand. The limit is the max amount of coverage an insurance provider will provide for a claim. Another way of looking at it is it is the max value of the trailer. The deductible is the amount the driver or motor carrier pays out of pocket in the event of a claim.

Select your limit and deductible wisely. Lower limits and high deductibles often cost less, but they can come back to haunt the insured. For example, let’s say the insured has a $15,000 limit with a $5000 deductible and the trailer they’re driving gets stolen. The driver would pay the $5000 up front and their insurance provider would pay up to $15,000 to replace it.

However, if the trailer was worth more than $15,000, that difference in cost is up to the driver to pay. High deductibles can be a burden as well. The insured should be certain they can pay the deductible at any given time if necessary.

Through an exclusive arrangement we are also able to provide coverage for any Trailer or Container in the insured’s care, custody and control, as most policies require a trailer interchange agreement in order for coverage to apply. This is a much broader application and prevents any issues of coverage for the driver and motor carrier/steamship line.

For more information on trailer interchange coverage and other transportation policies, contact us.