Uncategorized

Freight Brokers, Be Aware!

Posted on

We’ve heard of more incidents in which a Motor Carrier provided a Broker a fraudulent Certificate of Insurance which can lead to various issues including cargo theft. Below are a few Broker best practices when screening Motor Carriers: Require the Motor Carrier to identify the driver and VIN number to be used for the specific […]

Articles

Freight Brokers: Are you covered?

Posted on

The Moving Ahead for Progress in the 21st Century Act (MAP-21) took effect in 2012, increasing requirements and penalties as they relate to operating as a freight broker. Changes in effect from MAP-21 include: •    Brokers must register with FMCSA, and by definition may only arrange, not perform, transportation unless the person is also separately […]

Articles

What does “Additional Insured” mean?

Posted on

Shippers want to avoid any financial cost that may occur because of a bodily injury or property damage to a third party caused by or contributed to by a Trucking company who is hauling the Shipper’s goods. There are three ways for them to accomplish this. The first is to have the Trucking company add […]

Articles

National Risk Management Services named as a top specialty brokerage

Posted on

Insurance Business America names National Risk Management Services as one of the top 60 specialist brokerages Insurance Business America, March 2017 – The foundation of a specialty insurance broker’s work is the thorough knowledge of an industry completely separate from their own. Armed with years of education and experience, insurance specialists know the ins and outs of […]

Articles

Captives: The new mainstream for trucking

Posted on

It is a common misconception that captive insurance programs are only available for large trucking fleets. This is simply not true, captives are being utilized by motor carriers of all sizes. Captives have become such a pervasive risk management tool in trucking that they are no longer viewed as an “alternative” risk finance solution — […]

Blog

Where can I find a parking space for my tractor trailer?!?!

Posted on

The lack of available parking spaces is one of the top issues in the trucking industry. Researchers discovered that truckers lost 56 minutes per day, on average, to search for parking to take required hours-of-service breaks and for other reasons. The American Transportation Research Institute (ATRI) recently posted two new truck parking studies on its website. This article provides information on smartphone […]