When deciding to venture into business ownership, there’s a lot of financial decisions that must be made, including how much insurance you should purchase. It’s possible to save money on food truck insurance without sacrificing the protection provided by the policy. Below, there are five ways to save money on insuring your food truck so it doesn’t break the bank.
If you’ve recently filled up your car, bike, or truck, there is no doubt that you already noticed that diesel prices have risen by quite a bit. The average price of fuel has increased by 90 cents over the course of the past year. Even if you’re not driving around as much these days, this change is hard to avoid or miss on the local news or social media.
However, if you have missed out on the news, we have you covered here. Keep reading to find out everything you need to know about the recent increase in diesel prices.
The FMCSA’s new proposal is looking to change the rules and allow for increased windshield area to apply safety technology devices. According to the proposal, devices can be mounted or placed on the interior windshield in commercial motor vehicles.
If accepted, the proposal will make temporary exemptions (fixed number) for motor carriers, technology companies (established before 2017), and truck manufacturers. In addition to that, the proposal will incorporate items to broaden the horizon of vehicle safety technology. These items are typically a response to a rulemaking petition that Daimler Trucking North America issued.
Do you own a trucking company or a business with a trucking fleet? When was the last time you had an annual insurance review? In case you never did or forgot to, then you are not alone. Most trucking companies often forget to look into insurance reviews resulting in a lapse in their coverage and costing them a hefty sum.
The Commercial Vehicle Safety Alliance (CVSA) recently scheduled this year’s Brake Safety Week for Aug. 22-28, 2021. This annual event emphasizes the importance of ensuring sufficient brake systems in commercial motor vehicles (CMVs). Specifically, the event highlights the role that brake maintenance and efficiency play in reducing brake-related CMV accidents on the road.
The shortage of truck drivers has become a major issue despite the hike in payment. Many trucking companies have revised their payment structure to retain the drivers, but it has not solved the scarcity of them. The pandemic has increased the demands for online delivery and ordering services. This has not only increased competition for the long haul truckers but also forced companies to pay their drivers more.
The high turnover of drivers has also affected the insurance rates. Trucking companies need to understand why drivers leave the job in order to improve the retention rate. The high turnover often leads to higher insurance rates. This is because the longer a driver stays with a company the less likely they are to file a claim.
Let’s delve into the details to learn more about why the higher salary fails to fix the driver shortage issue.
Are you looking for the leading travel stop in Albany, Georgia? If yes, then you have come to the right place, because a new Love’s is all set to open in Albany. Located off US 19 Clark Ave, the new location adds sixty new jobs and a hundred new parking spaces for trucks.
This is going to be the 16th location in Georgia that sits on a crucial corridor in the USA’s southeast part. The main aim of the company is to provide valuable services at highly competitive prices. Love’s works with a team of competent people who are willing to provide services in a clean and safe atmosphere.
Here is everything you need to know about the new Love’s location opening in Albany, Georgia.
The Georgia DDS (Department of Driver Services) has been making constant attempts to solve driver shortage issues. Expansion of commercial third party testing locations is another to fix this issue. DDS aims to make it easier for the customers or drivers to receive their commercial vehicle road testing. That is why they’ve increased the amount of testing locations for third parties in the state.
The Department of Driver Services has started a pilot program in the state’s truck driving schools to certify truckers so that they can assess their students after passing training courses.
It’s one way to put more commercial vehicle drivers on the road. Three driving schools in the state have adopted it, including, the Truck Driver Institute (TDI), Daly’s, and Georgia Driving Academy (GDA).
If you are in the commercial vehicle business, learning about increasing third party testing locations will help you train your drivers. Keep scrolling to learn more about the DDS’s new endeavor.
Many truckers are trying to adjust their routes, and work schedule. In fact, many have refused to take routes through Memphis due to recent I-40 bridge closure. This route links Arkansas and Tennessee.
In a recent survey, many trucking businesses stated that they have lost their drivers, which adds to the issue of “driver shortage” in the trucking industry. Remember that high driver turnover rate increases the chances of more insurance claims.
In addition, a claim activity makes you unprofitable for any insurance carrier. It also highlights how high turnover and driver shortage aggravates the problem. The longer a driver work with a company, the less likely they are to file a claim.
Therefore, the soaring rate of turnover has increased the chances of claims being filed in trucking companies. This is perhaps one of the reasons why many truckers struggle to keep their products moving amidst the shutdown.
The I-40 Memphis bridge has been important for truckers to cross the river. Keep on reading to find out how the closure of the Memphis bridge has affected truckers.