posted by admin on May 20
5/19/2008 New eTrux Web Based Trucking Software is available directly via the Internet to help small and medium-sized trucking companies track their trips, loads, equipment, reminders, and contacts online. Tags: Trucking, trucking companies, Trucking Softwareposted by admin on May 19
Keep on Truckin’ 19 May Posted by CDaws in Uncategorized We all know that gas prices are hurting everyone–especially trucking companies. Many have already had to close their doors and many others are just struggling to make it. And that isn’t just because of the soaring gas prices. It is also because of the lack of trained truck drivers getting into the industry. But just like with everything else in this modern world, the trucking industry has its share of advancements too. Take trucking Tags: gas, Trucking, trucking companies, trucking industryposted by admin on May 15
In case of the trucking companies, big as well as small, there are situations when the cash needs are high and the customers are not paying up on time or amounts are stuck in a credit period. Trucking companies need regular financing for the daily needs like truck maintenance, wages and gas and so on. However, as they are stuck up with delayed payment or credit payment, they have a tough cash flow. For this, one of the best finance options is that of the truck factoring. Truck factoring is nothi Tags: gas, Trucking, trucking companiesposted by admin on May 14
eTrux Web Based Trucking Software is available directly from the internet so no download, installation or setup is required. The software helps small and medium-sized trucking companies track their trips, loads, equipment, reminders, and contacts online. eTrux is linked to PC*Miler and Google Maps, and can be customized to suit your needs. Watch an introductory video and test drive the software ... Tags: Trucking, trucking companies, Trucking Softwareposted by admin on May 13
Dan Goodwill has a great article (again) -
Coming Soon – A Truck Capacity Shortage and Higher Freight Rates
Those carriers that are still in business are trimming their truck fleets. Truckload carriers are cutting capacity at the highest rate in a decade to create a better balance between supply and demand. Bob Costello, chief economist of the American Trucking Association has supplied data that showed a 3.6% drop in capacity in January and February, “the largest since we began collecting the data”.
It’s what we’ve been talking about for months, except Dan has all the numbers. Manufacturers are also cutting back on production and even the used truck market is going to be tight because of all the foreign truck buyers.
The good news -
As demand increases, there will be a lot less truck supply than at the start of this freight recession. While some parked trucks will be put back into service, it will take time to ramp up truck production, hire and train drivers and replace the trucking companies that have gone to “trucking company heaven”.
Personally, I think the rise in rates will be more than 10% as the rest of the article states. This last month I’ve actually worked more than usual. I’ve even heard the cries of a shipper being desperate. Reality was they weren’t that desperate, but it’s a start.
It’s a good article and the point is that we may be at the bottom or at least close to the bottom of the slowdown and it may be picking up soon and the trucks / owners that have survived will be able to call the shots. I don’t think it will get much better till after the election. Shippers and manufactures are unclear about what the next President is going to do. Even though they’re all the same and have the same plan to destroy the economy, but that’s a different post.
1 Comments
- At May 13, 2008, Everitt Mickey wrote:
A tiny bit of supporting data.
About three months ago my carrier had, at any given time zero to two or three loads posted on the “Broker Screen”. That is loads that were available to be brokered out. Loads in excess, for one reason or another, of company capacity. (We didn’t have a truck in the area that could haul it or some such.) The count is going up. I just checked a few minutes ago and it’s now seven.
This is for a relatively small company of approximately three hundred power units.
In some places, at certain times, we have too much freight.
This is a GOOD thing.
posted by admin on May 8
Before I start the article I would like to quickly introduce myself since this is the first article I am posting to this site. My name is Clark Schoeder and I am the President/CEO of Cerberus Subrogation Professionals, LLC. We are a company that helps commercial trucking companies, owner/operators, and commercial auto insurance companies recover money that is owed to them by other insurance companies. I am going to be writing articles on trucking insurance, the issues truckers face in the insurance industry, and how you can protect your recovery interests. I hope you find these articles helpful and come back to check out future posts. Let’s get to the article.
I suppose we will start at the beginning. What should a driver do when they are involved in an accident to protect themselves and their company?
1.) Do not admit fault to anyone other than your safety department or your insurance company. This includes saying something as simple as “I’m sorry”. I have seen cases lost because the other party has a witness saying that the truck driver admitted fault at the scene even though they were not at-fault for the accident. I cannot stress this enough. Let the insurance company determine which party is at-fault.
2.) Do not talk to the other driver about the accident. You should only ask them if they are hurt and if they need medical assistance. If they say “yes” to either of those questions call 911 and request medical assistance. Beyond that, exchange your insurance information and say nothing else.
3.) Call the police. This is important for a number of reasons.
A.) The police officer is going to write a police report detailing what happened in the accident. The police report is one of the most important pieces of evidence used to determine liability. If you plan on having the other party’s insurance pay for your damages, you are going to need a police report. There is no way around it.
B.) It is going to create a record of the other party’s account of the accident. This will protect you from the other party changing their story down the line. More often than not, people will admit fault to the police officer and then change their story when they talk to their insurance company. It is human nature to avoid blame. The police report will create a record of their initial description of the accident to ensure that they cannot change it later.
C.) The police officer is going to collect the other party’s contact information and insurance information. People are much less willing to give a police officer fake information. This will ensure that you and the insurance company have a party to pursue for recovery of your damages. If you don’t know who owns the other vehicle, you are going to have a very difficult time recovering your damages.
4.) Contact your insurance company ASAP. If you are driving for a company, call your safety department so they can contact the insurance company for you. This is important because it allows the insurance company to get out to the accident scene right away and collect evidence that is going to protect you and your company. It also ensures that any evidence that would help you is not destroyed. I know some drivers are concerned about reporting accidents to the safety department because they are concerned with losing their job or being punished in some way. That is an ungrounded concern. Safety directors understand that accidents happen. That is why they have the job they do. Their goal is to fix the situation. When they don’t find out about an accident you remove their ability to do their job. There is a much higher probability of being fired if you don’t tell the safety department and they get blindsided by an accident 3 months down the road. Nothing makes a safety director madder than finding out about an accident late when there is no chance to investigate and defend their driver.
5.) Get the contact information for any witnesses to the accident. Witnesses are the most powerful evidence in determining liability. If you have a witness on your side and the other party does not, you are going to recover your damages.
6.) Take pictures of your damages and the other party’s damages. Every truck driver out there on the road should have some sort of camera in their truck. If you don’t, get one. If you are a safety director, set up a program to give your drivers disposable cameras to keep in their trucks. Photos are great evidence.
If you follow these steps, you will put yourself, your company, and your insurance company in a great position to defend you and to pursue your damages against the other party.
Be sure to check back for our next article “What does an insurance company owe you for an accident?”
Clark Schoeder is the President and CEO of Cerberus Subrogation Professionals, LLC. Cerberus Subrogation Professionals, LLC is a subrogation firm that specializes in the commercial trucking sector. They have helped their clients recover millions of dollars in insurance claims and have developed several innovative strategies specifically designed for commercial auto subrogation and arbitration. Those strategies have achieved unparalleled results. Visit their website www.cerberussubro.com to learn more about the Cerberus Advantage.
2 Comments
- At May 9, 2008, Connie Wilson wrote:
Wow, I loved this article. It was loaded with great information. Even if one drives a 4 wheeler they can use this info.
- At May 11, 2008, Agency Saper wrote:
Very basic and good information. Thank you
Its best to have this information explained before the fact
Although events can take charge in an accident situation – as with most events in life , if planning and preparation are in force , the groundwork that is laid is money and time well spent
The information is there, it can only be of help. as opposed to leaving events in the whole car insurance debacle to chance.
posted by admin on Apr 14
Trucking companies now have a much simpler option available to them for managing their customers, drivers, equipment, jobs and invoicing. Masslogics has developed a new web-based system, which can be accessed from anywhere with internet access. There's nothing to install or download. Masslogics is offering a free 90 day trial. » original news Tags: Trucking, trucking companies, Trucking Softwareposted by admin on Apr 10
The most effective type of software that is being introduced by Mass Logics is the super effective Trucking software. This type of branded software is available at all reasonable rates. This special type of software was basically designed to match the requirements for both small and medium scale trucking companies. ... Tags: Trucking, trucking companies, Trucking Softwareposted by admin on Jan 14
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