As of January 1st, 2011, a new law in California (AB 145) will require a Truck Broker of Construction Services to obtain a $15,000 “Truck Broker Bond”. If you do not obtain this bond, you may be subject to a $5,000 fine. A Truck Broker is defined as “an Individual or Company who arranges [...]
According to the Federal Motor Carrier Safety Administration, a division of the US Department of transportation, only 54% of commercial motor vehicle (CMV) drivers wear safety belts as compared to the 82% of passenger vehicle car drivers. Considering that almost half of all commercial vehicle drivers who are killed in an accident were not wearing [...]
Most people think about taxes in April, but as an owner-operator, you should be thinking about your taxes every month. Your tax obligations include federal and state income taxes. As an owner-operator, you’ll be required to pay estimated taxes each quarter, and you are responsible for setting aside funds. “We see almost every day a [...]
The DVD features interviews with the FBI, a prosecuting attorney, truckers who have seen human trafficking taking place on their routes, a trafficking victim rescued from a truck stop through the call of a trucker, actual footage of prostituted women at a travel plaza and information on concrete ways members of the trucking/travel plaza industry [...]
The federal cargo insurance mandate ends March 21 for most truckers, but the 76-year-old requirement will continue for household goods carriers and freight forwarders. The Federal Motor Carrier Safety Administration final rule ends the $5,000 cargo coverage minimum requirement affecting for-hire motor common carriers of property and having to file proof of coverage with the [...]
