FMCSA Releases Prohibition of Coercion Final Rule

FMCSA Releases Prohibition of Coercion Final Rule

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Follow this link for PDF format: Prohibition of Coercion Final Rule

 

Why Should You Verify Your Carrier Has Insurance?

Besides the fact that having trucking insurance is law, verifying your carrier’s insurance certificate is an invaluable practice for guarding against chameleon carriers and identity theft.

The Law. The Federal Motor Carrier Safety Administration, known at the FMCSA, has set the standard for minimum insurance coverage for motor carriers, freight brokers and freight forwarders. See Example below taken from the FMCSA website:

FORM

DESCRIPTION

AUTHORITIES SUBJECT TO FILING

BMC-91 or BMC-91X Public liability insurance (bodily injury/property damage/environmental restoration)
  • Motor Contract Carrier and Common Carrier
  • Freight Forwarder (Note: Non-vehicle operating freight forwarders may seek waiver of this requirement.)
  • Freight:–$750,000 – $5,000,000, depending on commodities transported; $300,000 for non-hazardous freight moved only in vehicles weighing under 10,001 lbs.
  • Passengers:–$5,000,000; $1,500,000 for registrants operating only vehicles with seating capacity of 15 or fewer passengers.
BMC-34
  • Cargo insurance–$5,000 per vehicle
  • $10,000 per occurrence
  • Motor Common Carrier
  • Freight Forwarder
BMC-84 or BMC-85
  • Surety Bond–as of October 1, 2013, the amount is $75,000
  • Trust Fund Agreement–as of October 1, 2013, the amount is $75,000
Broker of Freight
BOC-3 Legal Process Agents All Authorities

So, naturally if you are a law abiding individual or corporation in the trucking industry, you have firstly insured yourself with the required insurance and secondly done your due diligence when employing a third-party to be sure they are also law abiding.

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Freight Brokers, MAP-21, and Ferris Bueller

“Brokers?… Brokers?… Brokers?…”

Have you ever seen Ferris Bueller’s Day Off? Well, if you have, read the above line again in Ben Stein’s voice and it will make a lot more sense, and garner a chuckle,  if you picture the very bored economics’ classroom scene in the movie (and if you haven’t seen the movie *tsk tsk*  go home, rent it, and watch for a great laugh. “You’re welcome” in advance. THEN, re-read the blog to also be a part of the “cool” chuckling crowd that got it in the first place.)

BenStein_FerrisBuellersDayOf

Anywho, down to business.

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The V.A.L.U.E.S. of Freight Tracking

Let’s play a word association game.

I say “freight tracking,” you may say: hassle, inconvenience, invasion of privacy, and benefiting only the manufacturer/shipper. But what if I told you that freight tracking benefits more than just the manufacturer/shipper?

What if I even went as far as to say that freight tracking adds value, adaption, longevity, uniformity, excellence, and safety to the carrier? Not convinced? Let me explain.

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Drivers, Start Your…Medical Examinations?

I officially need to uncross my eyes after reading the 75 plus pages of the National Registry of Certified Medical Examiners Final Ruling write-up by the Federal Motor Carrier Safety Administration (FMCSA).

What a ton of valuable information!

Cross-eyed, crossed eyes

In a nutshell, medical examiners (ME) are now required be listed on a national registry as a Certified Medical Examiner by the FMCSA, a part of the new MAP-21 ruling, to administer medical examinations for driver health eligibility.

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What is your “Little Pink Spoon?”

“How does Baskin Robbins get you into the door,” asked Lisa Ann Landry. “Do they give away a gallon of ice cream? No! But will they let you eat a gallon’s worth of ice cream in samples off of those little pink spoons that they keep in buckets on the counter? Yes! So, as a small business, what is your little pink spoon?”

What is your social media strategy? What is the niche that you are offering enticing samples of via social media?

What is your pink spoon?
 

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I Won’t Say “Verses (vs)” – Freight Brokers and Forwarders – The Amiable Definition of Both

There are no “Class of 2013” banners hanging in the hall or insecure hands tucked away in Letterman Jackets, but here I am suddenly in a high-school anyway. I hear taunting calls and adolescent gestures, so desperately alluding to adult provocations, as I realize that I have stepped into the middle of a high-school-girl-cat-fight.

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“Try and hit me, Freight Forwarders.”

The earrings are coming off, Ladies and Gents, as the true definition of freight forwarders and freight brokers is disputed.

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