Trucking companies of all sizes are required, by state and federal laws, to comply with certain regulations and legislation regarding their operations. Compliance issues range from obtaining permits to conduct business within any given jurisdiction to employee pre-screening to recordkeeping. To say the least, there are a plethora of line items that must be met in order to be fully compliant. That's why many companies rely upon a national compliance management service to help them. If your company is considering outsourcing this aspect of your business, keep these three things three things in mind.
Industry Expertise
The regulations and requirements that the trucking industry work under are complex and it takes some time to truly become an expert. While you may be well-versed in the day-to-day operations of your company, keeping up with industry news, changes in regulations and new laws can be difficult. You need a compliance partner that focuses solely upon these issues so you can focus on what you're best at. Choose a compliance management service that has a proven track record, one that belongs to and participates in organizations such as the Ontario Trucking League, Alberta Motor Transportation Association, and the Canadian Transportation Association.
Service Offerings
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Look for a national compliance management service that offers a complete array of services that entail compliance, permit assistance, training and safety services. Doing so will help to alleviate many of the worries, issues and potential fines you could face by trying to go it alone. You may be thinking that you don't necessarily need all of those services right now, and that's fine. However, hiring a compliance company that doesn't cover one of these areas leaves you to manage them on your own, without proper support and
I do not believe I need to tell you that the company's standing with DOT is not great. Saying this truck is ready for safe operation is completely unacceptable. Furthermore, my life, my safety, and my family's financial well-being, as well as every other driver, depends on proper maintenance of the equipment. The cutting of corners and shoddy work, just to get the job done, does a disservice to every person who operates equipment at this company, those of us who show up and do our jobs properly. I did my job, I did a
Every business in the trucking are turning more and more trucking company owners are turning to a new form of finance – transportation factoring. Owners of trucking and transportation companies of all shapes and sizes trust invoice factoring because it is not alone, and so it won’t dilute equity anyway. Furthermore, customers know that when you factor invoices it helps you maintain positive cash acceleration growth as mentioned above, which shows that you care about building and deepening your business relationships with those customers. This is why transportation factoring is becoming more and more popular among US trucking owners and why it’s becoming a mainstream financial strategy.
Most instances concerning trucking or hauling companies comes in the form of the information kept about their drivers. Extremely thorough background checks are required for drivers of trucks carrying hazardous waste materials. The main part
Compliance programs are more focused on risk management. The duties include informing staff about the laws and guidelines regulating the business and monitoring adherence to these policies (Nelson, 2012). (Nelson, 2012) By monitoring compliant behavior the programs reduce the episodes of litigation, negative press, loss of support, and confidence from the public(Nelson, 2012).
With all of the regulations and rules regarding the trucking industry, one might assume that the government is causing companies more problems than are necessary. However, there are very good reasons to have these regulations in place. First of all, regulation ensures the safety of all motorists on the nation's roadways, including truck drivers. Secondly, it is an important aspect of the country's national security efforts. Finally, it standardizes the shipping industry, making it easier for shippers across industry lines. Therefore, DOT compliance is vitally important for trucking companies, and everyone else as well.
When you get a chance send me some more info on your company and what you do. I’ve attached some info on my firm. As I mentioned check out the compliance group that’s based here in Houston. Also let’s connect sometime soon. I’m here in town the rest of the week and then I’ll be in Reno, NV until August 5th.
When conducting business whether it is local and global, big or small organizations have to abide by state and federal laws. Depending on the nature of the business different organization has to comply with certain laws and regulations. For example, retailers like Wal-Mart, Target and Kroger have to comply with the Department of Labor and a manufacturing company like LM Fiberglass and Toyota would have to comply with the Environmental Protection Agency and Occupational Safety and Health Administration (OSHA). When an organization do not comply with the state and federal regulation the company can face fines or become caught up in major
Huffman Trucking is a national transportation company based in Cleveland, Ohio. (UOP, 2009) The organization has 1,400 employees and 800 trucks on the road, with logistical hubs in California, New Jersey and Missouri. The company’s mission reads: “our mission is to be a profitable, growing, adaptive company in an intensively competitive logistical services benefit environment.” The focus of Huffman’s mission is on stockholders, customers, regulatory, employees, stakeholders and technology, which supports the company in accomplishing its mission.
Truck Locators has hired you to express an opinion on how to recognize the revenue from its Truck Finder services and devices. The letter should include a discussion regarding how they should recognize revenue under when applying the new five-step revenue recognition process. For this letter, you are to search the online Accounting Standards Codification for authoritative support regarding how Truck Locators should recognize revenue. You should consider the following:
The driving log was broken up into 11 tables. The database is in the third normal form or Boyce Codd Normal Form (BCNF) (Pratt & Adamski, 2005, p. 153). This level of normalization ensures no repeating groups, no key column is dependent on only a portion of the primary key, and the only determinants that are contained are candidate keys. The company has four locations in the United States and services 925 drivers. Normalization to the third normal form is sufficient due to the relatively small database, the number of daily updates and the nature of the information. The database is searchable, and due to the naming methodology, is platform independent. Care was taken to omit reserved words from the major
I have reviewed the M&T request that you referred to in the Board’s electronic case folder along with a copy of the claimant’s counsel’s letter dated 07/20/17. They are requesting out of pocket expenses, although they do not specifically clarify what expenses the claimant had occurred.
Most sedans are designed for stability. Their low center of gravity means they can take corners at high speeds without fear of rolling over (although they may skid out of control). Semi-trucks however, are designed to carry freight. This makes them top-heavy and more prone to rollovers. Another complication is that a truck's freight affects stability. A trailer loaded full of heavy freight is more top-heavy than a partially loaded one. Therefore, the driver must take his trailer load into account when rounding a corner.
At Big Rig Towing Los Angeles, our senior tow truck operators have more than a decades’ worth of experience in everything from towing, recoveries as well as providing sublime roadside assistance to our clients. Due to our understanding of the changes that
The rapidly changing regulatory environment is quickly reshaping our industry. Fleet owners can no longer simply rely on paper files and multiple spread sheets to stay compliant.
The Motor Vehicle Administration’s (MVA) strategic plan determines where the agency is going, and how they will get there in the next five years, 2016 - 2020. According to the Department of Transportation (personal communication, April 8, 2016) the MVA’s strategic plan focuses on the following ten areas: