File this under “no news can sometimes be news” — Two trucking-related federal rules in the works have missed projected schedules for their advancement through the rulemaking process.
One insurance rep cites a likely 25 percent increase in premiums for independent owner-operators boosting $1 million liability coverage to $2M. More on FMCSA's expected insurance-hike proposal here.
Liability insurance, particularly for new owner-operator businesses, can rank number one for in fixed costs for an independent without a truck payment -- $10K a year or more for a new business. If you've boosted ...
With FMCSA preparing a rule to increase the minimum level of required liability insurance for carriers, this rule probes current levels of coverage among owner-operators with their own authority.
In the wake of the scandal over the Maxim ad, Wendy says, "let congress know how much of a target the trucking industry will be if the insurance minimums are raised from $750,000 to $4 ...
The current $750,000 minimum liability insurance required to be held by carriers is too low, said the Federal Motor Carrier Safety Administration this week, and the agency plans to create a rule upping that minimum. ...
A primer of doing business direct with the military -- or the 3PL contractor controlling almost half of general military freight -- to haul DOD loads.
Owner-operator Michael Wright, of Michigan, runs through health-insurance numbers as he contemplates potential moves in 2014 as the Affordable Care Act gets closer to implementation.
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