Posted on October 02, 2015
A public hearing in Long Beach, CA this month prompted a wave of support for this initiative and concern for the current trajectory of human environmental impact. The hearing was held regarding a proposal by the U.S. Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration (NHTSA) originally submitted in June. While commercial freight and passenger trucking comprises the backbone of our economy and way of life, the transportation industry is also a major generator of greenhouse gases and other concerning pollutants. But is the concern that can be found so easily in California one that will resonate with those in other parts of the country?
Daniel Kieffer, Director of Emissions Compliance for Paccar Inc., indicated that his truck manufacturing business sees the pending proposal as a potential win-win. He notes that this may only be possible, however, if the complexities of market costs, market demand, aerodynamic science, and vehicle ownership and operation costs can reconcile into a profitable arrangement. It will be difficult to know how this will shake down for individual businesses until the proposal specifics are defined and approved, and go-live date is then posted.
Current details available indicate that the proposed regulations would aim to reduce greenhouse gas emissions in the United States by approximately 1 billion metric tons, conserving nearly 2 billion barrels of oil. This would theoretically save the transportation industry about $170 billion in fuel costs over the lifetime of vehicles sold under the program.
The proposal would have regulation changes begin for model year 2021 and phase in fully by model year 2027. While some have shown great concern over the industry’s ability to bear these up-front (and potential) long-term costs, other have spoken out in opposition to the seeming lack of urgency. While climate scientists are working harder than ever to determine what impact our behaviors have on years and decades to come, it is unclear to what extent these regulatory changes will be effective. But if, as Mr. Kieffer points out, the regulations can provoke a positive shift in the transportation community, this may be a transformative shift in trucking technology.
Posted on September 02, 2015
September 2, 2015 – Freehold, NJ
Rough Notes, the nation’s leading source of insurance innovations and trends for over 135 years, recently published two articles about the trucking experts at IMCCA. To read the articles, click on the thumbnails to the right.
The first article, published in the May 2015 edition of Rough Notes, is titled Expertise Key to Trucking and Specialty Trucking Success. The article explores the challenges that transportation businesses face in identifying, acquiring, and implementing new safety technologies. As a trucking specialist for many years, Gary Weindorf, President/CEO of IMCCA, points out those safety devices can increase motor carrier costs, but can lead to significant dividends in terms of reducing accident frequency, severity and ultimate liability, which can translate into lower insurance premiums. While safety regulations are set forth by the Compliance, Safety, and Accountability (CSA) Program, he points out that the organizations which succeed are those that take a proactive approach to vehicle safety and driver security. A dedicated trucking insurance broker can be an asset in knowing the trucking insurance market and handling unique issues with claims and loss control.
The second article, published in the August 2015 edition of Rough Notes, made the front cover of the magazine. An agency profile – Better to Be Lucky… and Good explores the unconventional path that has brought together the pieces that today comprise the highly successful IMCCA. Interstate started as a Trucking Agency in 1936 and merged with Capacity Coverage Corp in 2011. Capacity’s original partners, Robert Lull and Mark Weinraub, started the company in 1990 with a goal to create a motor carrier agency that emphasized professionalism and subject matter expertise. Interstate’s trucking expertise was a perfect fit for their vision and maintains their original offices in Freehold, along with a continuation of the same leadership and experienced employees that ensures their clients of market prowess, dedicated service, and the knowledge to assist with shipper/government regulations in this fast-paced industry.
To learn more about IMCCA, visit the Trucking Insurance Experts.