Posted June 30, 2016 by Erin
Cargo theft firms CargoNet and FreightWatch International have released warnings and recommendations ahead of the July 4 holiday weekend.
CargoNet said between July 2 and July 9 from 2012 to 2015, truckloads of non-alcoholic beverages, major appliances and copper were some of the most popular thefts. With July 4 falling on a Monday this year, CargoNet warns thefts could be worse than normal.
“Cargo theft has always spiked during holiday weekends, but we expect a particularly bad July 4th since it falls on Monday,” the firm said in its warning. “Many truckers will park their trucks on Thursday or Friday and will not check on them again until Tuesday.”
FreightWatch said it recorded an average loss value of $1.1 million during July 4 weekend last year, which is six times higher than the average during the rest of the year.
CargoNet said that between 2012 and 2015, it recorded 119 cargo thefts, with food and beverage items being the most stolen. The firm estimated $10.63 million in losses during this four-year period.
To protect against cargo theft, CargoNet suggests truckers avoiding high-theft metropolitan areas such as Los Angeles, Dallas-Fort Worth, Atlanta and Miami, and by parking in high-security locations with security services, secure fences and good lighting. FreightWatch recommends as little downtime as possible and lining up schedules with shippers and receivers during the holiday weekend.
The top five targeted states, according to CargoNet, have been California, Texas, Florida, Georgia and Illinois.
Notable thefts reported during the July 4 holiday period in recent years include:
•Full truckload of cell phones worth $5.7 million in Washington
•Cell phones worth $2 million in Miami
•Apparel and accessories worth $1.3 million in Newport, Tenn.
•Electronics worth $500,000 in Carnesville, Ga.
Read the full story from CCJ here.
Article written by Matt Cole and originally published on ccjdigital.com
Posted June 27, 2016 by Administrator
The OMB has announced the status of three different rules that affect Commercial fleets. The Clearinghouse rule will be published as planned, but the Speed Limiter rule had been delayed again.
This rule makes changes to how commercial carriers report the results of drug tests to the FMCSA. Carriers have to report who they use to administer their drug tests and give permission to these administrators to submit information on all drivers to the FMCSA. In addition, if any drivers fail a drug test or refuse to submit to a drug test, the fleet owner must report this information to the FMCSA
Controversial Speed Limiter Rule
The controversial Speed Limiter rule has been pushed back again. The rule that would restrict how fast trucks can travel was supposed to be published at the end of Spring. Now the scheduled date is the end of summer if it doesn’t get pushed back again.
Fuel Efficiencies Rule
Another important rule that affects motor carriers is the joint EPA and NHTSA rule to improve truck fuel efficiency emissions. The rule scheduled to be published in September will require 2018 model trailers and 2021 model tractors to comply with these standards. The entire vehicle will need to be in compliance by 2027.
For more important news regarding the trucking industry, contact the experts at Cline Wood.
Posted June 20, 2016 by Administrator
The FMCSA and the DOT have been searching for different ways to make commercial trucks and their drivers safer in order to reduce highway accidents and fatalities. One proposal that is currently in the Senate would make it necessary for heavy trucks to be equipped with speed limiters. There is some debate whether this regulation would increase highway safety or cause more problems.
HR 2577 Transportation, Housing and Urban Development and Agencies Appropriations Act 2016 is currently in the Senate. One of the items in this appropriations bill is a DOT final rule requiring that all heavy trucks have speed limiters installed within six months after approval. These speed limiters would prevent heavy trucks from traveling above 65 mph.
Do Speed Limiters Help?
Supporters of speed limiters say that prohibiting heavy trucks from traveling faster than 65 mph will improve highway safety and reduce crashes. They believe this because some crashes have occurred due to truck drivers driving too fast for conditions or speeding and then losing control of their vehicle, which has led to collisions and in some cases fatalities.
However, studies that have been conducted to date, including one done by the FMCSA, showed no significant reduction in highway crashes when speed limiters are installed.
Are Speed Limiters Safe?
Opponents of speed limiters state that not only do speed limiters not reduce highway crashes, but that they will make highways more dangerous due to issues with the car-truck speed differential.
If heavy trucks can’t go faster than 65 mph they may cause congestion on the highways. Impatient motorists may take risks to get around the slower vehicles, which may cause crashes.
Whether you are for or against the idea of speed limiters, it is important to make sure your commercial fleet is safe and you reduce your company’s liability. Contact the experts at Cline Wood to determine how you can improve the safety of your fleet and reduce your insurance costs.
Posted June 13, 2016 by Administrator
It isn’t always easy to evaluate all of the aspects of your business that will improve its value. Though valuing a business is a complicated process, there are measures you can take to quantitatively improve the worth of your agribusiness operation.
Differentiate Your Products
Agribusiness has a low barrier to entry, which makes differentiation an important aspect of your competitive advantage. Product differentiation also allows you to price your products at a premium while making your company less vulnerable to your competition.
Multiple unique distribution channels have developed over the last twenty years. This offers your company an opportunity, as long as you understand how to manage your channels. Research the channels that will help you reach the right market for your unique products to increase your returns.
Centralize Your Purchasing
All businesses need to be able to forecast and purchase good efficiently. If you can strategically source your inventory needs while maximizing your channels you can achieve higher gross margins and will be less vulnerable to commodity squeeze.
Another essential element to increasing the value of your business is to reduce costs. This will prove that your company can continue to grow earnings even if sales values level out. Elements of a cost reduction strategy include:
- Strong cost accounting
- Research and Development
- Internal process engineering
- Streamline processes
- Stringent product life cycle evaluation
By mitigating costs, centralizing your purchasing, managing your channels and differentiating your products your company can charge more, develop your brand, and decrease your market risk. Then, when you have improved the value of your business you need to protect it. Contact the experts at Cline Wood to learn more.
Posted June 6, 2016 by Administrator
Over 10,000 inspectors in US, Canada and Mexico will be conducting inspections of commercial vehicles and their drivers during a three-day international road check. The Commercial Vehicle Safety Alliance created these annual road checks across North America in order to help emphasize the importance of inspections in the effort to reduce crashes.
The 2016 Roadcheck event highlights safety. Local, territorial, provincial, state and federal law enforcement officers will conduct a 37-step Standard Level 1 inspection of commercial vehicles and drivers. The vehicle inspection will include:
- Brake systems
- Exhaust systems
- Fuel systems
- Coupling devices
- Drive lines
- Safe loading
- Windshield wipers
- Wheels and rims
The 2015 Roadcheck feature red cargo secured and resulted in 21% of the inspected vehicles and 3% of drivers receiving out-of-service violations. They also issued 2,500 load securement violations. This was the fewest number of out-of-service violations recorded by CVSA since they started the program back in 1991.
The three most common out-of-service violations from last year’s Roadcheck were for brake systems, safe loading and brake adjustment. Out-of-service violations for drivers in 2015 were shipping papers, placards and hazardous materials.
To learn more about safety and how it affects your commercial fleet insurance, contact the experts at Cline Wood.