THE POINT: Trucking companies are effectively an insurance company for the amount of the retention and deductible. You need to adopt the mentality of an insurer a
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WHY IT MATTERS: State laws voiding indemnification clauses in transportation contracts can save you millions of dollars you would otherwise have to pay for someone else’s liability.
WHY IT MATTERS: As in Formula 1 racing, there is no single element that is the answer to reducing risk. It is addressing multiple elements to improve performance and limit exposure.
WHY IT MATTERS: The value of safety and risk is not theoretical. ATRI’s Annual Operational Cost of Trucking Study quantifies its value and importance to the bottom line. And with anticipated premium increases, it is now more vital than ever to reduce risk so that an insurance captive is a financially viable alternative for your company.
WHY IT MATTERS: Safety protects profits, not draining it as an expense burden many erroneously believe. WHAT’S THE PROBLEM: Too many view safety as just an expense. A burden. A drain.Thanks for reading Transport Center! Subscribe for free to receive new posts and support my work.
WHY IT MATTERS: Post-accident non-DOT D & A tests can create a substantial risk in the absence of any indication of impairment. WHAT’S THE PROBLEM: Non-DOT post-accident D & A tests are similar to why Woody Hayes didn’t like to pass the football. “Three things can happen and two of them are bad.”
WHY IT MATTERS: We need to evaluate a trucking case similar to the Powell Doctrine’s use of military to action. WHAT’S THE PROBLEM: Too many trucking cases “happen”. They drift on a course followed by every prior case that has been taken by a company, insurer, or attorney.
WHY IT MATTERS: We need to evaluate a trucking case similar to the Powell Doctrine’s use of military to action. WHAT’S THE PROBLEM: Too many trucking cases “happen”. They drift on a course followed by every prior case that has been taken by a company, insurer, or attorney.
The prevalence of social media is indisputable. When there has been an accident, social media is an important litigation tool. Here are some key considerations: 1. Check it early and often.Thanks for reading Transport Center! Subscribe for free to receive new posts and support my work.
