Turning Insurance Into a Profit Center

Today, your company probably purchases insurance from the traditional insurance market. This process works for many companies, but for the right type of company there is a much more efficient model called a captive. Rather than allowing an insurance company to make an underwriting profit from your company’s great year of

 

FMCSA Applicability to Government Fleets

Many government fleet managers are unsure if, or how, Federal Motor Carrier Safety Administration (FMCSA) regulations apply to their fleet. At the same time, many managers are opting to adopt more, if not all, of the FMCSA regulations as their fleet guidelines. For some managers, this is a conscious decision to follow more regulations

 

OSHA Recordable or First Aid Only? The Manager's Dilemma.

As a manager, few things are worse than getting that phone call saying one of your people has been injured. So many questions come to mind. What happened? How serious is it? All of these thoughts spring to mind. Do they need outside medical care? How do I know if I need to send them to the doctor? Is this a recordable injury? How will this affect my OSHA Recordable Rate?

 

Unlocking the Future of Fuel: Changing Variable Costs into Fixed Costs

Risk transfer. When those words are heard it is usually in the form of covering a potential loss utilizing insurance. A business provides funds in the form of a premium in exchange for insurance to cover the potential financial consequences of a hazard risk. However, there are alternative ways to transfer risk. One of those ways is known as hedging.

 

The Palest of Ink Speaks Louder Than the Best of Memories

"The palest of ink speaks louder than the best of memories," these were the words of a seasoned Department of Transportation official during a recent U.S. DOT Motor Carrier Safety Compliance Course. This variation on the old adage “if it's not written down, it didn’t happen” speaks volumes about the importance of paper compliance...

 

Recognizing Your Best Truck Driver

How do you determine who your best truck drivers are? You know, the guys that are out there getting the job done for you every day. The ones that deserve the most home time and best routes. It often seems that the determination of who's the best comes down to who is consistently willing to show up and respond to dispatch. The...

 

Leadership: The Captain’s Way

Today, business owners and managers are reading publications written by hundreds of industry leaders to obtain insight on developing and better implementing strong leadership within their own organizations. The books, articles and blogs are filled with New Age methods, tried and true approaches and lessons by example and experience

 

Liquidity Risk: A Ratio Story

You and your team have been working hard. Sales are up, as is company morale. Yet, you're still finding it difficult to meet your obligations in a timely manner. What is going on? Where can you find answers? A good place to start is with the balance sheet and a few ratios.

 

Here Comes OSHA

OSHA audits can be stressful and the citation penalties severe. But if you've developed good safety programs and are prepared for this inspection, costly partialities and downtime can be avoided. An official audit, or inspection, by the Occupational Safety and Health Administration (OSHA) can be tolerable, and even...

 

CSA Intervention: Levels & Requirements

CSA interventions are determined using the SMS to identify carriers exceeding intervention threshold in one or more BASICs. If any of those terms are unfamiliar or you need a refresher, see our previous blog "Understanding CSA Scores." These interventions are used as a tool to address the specific safety problems FMCSA has...

 

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