safety program

How do you create a best-in-class safety program?

The increasing prevalence of nuclear verdicts – and the resulting insurance hikes – have prompted carriers to reevaluate their safety strategies. Carriers with best-in-class safety programs enjoy the most competitive insurance rates while simultaneously protecting driver wellbeing and making positive changes in the industry as a whole. 

Best-in-class safety program benefits include, but are not limited to: 

  • Improved company safety metrics, leading to lower risk costs and increased profitability
  • R...

https://www.freightwaves.com/news/how-do-you-create-a-best-in-class-safety-program

Start tracking what your drivers are doing right

Trucking companies have long encountered post-accident lawsuits, but the legal landscape has become more precarious for fleets over the past decade. As carriers continue to be hit with nuclear verdicts, it is more important than ever for industry leaders to invest in safety.

“Today, the accident is just the start of the conversation,” said Adam Kahn, chief business development officer at Netradyne.

The exploration stage of the litigation process has expanded to include thorough investigations...

https://www.freightwaves.com/news/start-tracking-what-your-drivers-are-doing-right

Growth vs. stability: Is it time to rethink your approach?

Growth is often associated with progress, but is sudden and rapid growth for motor carriers always the ticket to success?

Brian Runnels, VP of safety at Reliance Partners, a freight insurance agency, doesn’t think so.

Because of the slim margins carriers face, they must keep trucks constantly moving in order to turn profits. Operating costs, however, reached $2.25 per mile last year, the highest the American Transportation Research Institute ever recorded. So while the desire for growth is...

https://www.freightwaves.com/news/growth-vs-stability-is-it-time-to-rethink-your-approach

How safety can be the key to lowering insurance costs

Everybody in the transportation industry can probably agree on one thing: It’s not cheap to keep a trucking business running.

FreightWaves has estimated it costs $210,000 to operate just one truck annually, based on running 120,000 miles. Fleet owners might even say that most of the expenses that contribute to this figure are out of their control. After all, the industry is highly subject to supply and demand.

For instance, overall, companies can’t really control driver pay. If carriers want to...

https://www.freightwaves.com/news/how-safety-can-be-the-key-to-lowering-insurance-costs

It benefits to have a partner in safety

Reliance Partners’ professional safety team proactively helps motor carriers resolve compliance-related issues and, in turn, exceed risk-management expectations.

The rapidly growing commercial insurance agency goes above and beyond what’s expected of trucking insurance brokers, providing safety consulting on retainer, consisting of risk assessments, driver meetings, mock DOT audits and CSA score reviews and monitoring.

Developing a safety-first culture isn’t easy, but it is doable as long as you...

https://www.freightwaves.com/news/it-benefits-to-have-a-partner-in-safety