Trucking news for the trucking industry

Trucker Path Provides Quick Access to Spot Cargo Insurance for App Users Powered by MiKargo247, all-risk coverage is now available as single trip policies and per load pricing PHOENIX – September 26, 2023 – Trucker Path, a subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE: MTBL) and the most comprehensive and relied upon mobile app for North American truckers, today announced that it continues to expand its Trucker Path Marketplace offering with spot cargo insurance powered by MiKargo247. Using the Trucker Path Marketplace, North American truckers can have MiKargo247’s all-risk coverage cargo insurance for up to $1 million per load. According to <a href="https://www.dat.com/blog/transportation-tuesday-tip-7-avoid-paying-out-of-pocket-for-under-or-uninsured-cargo">DAT</a>, it is estimated that up to 90% of cargo on the road is underinsured or not insured at all. MiKargo247 understands from their underwriters that this represents $15+ billion in damages that cannot be recovered. The partnership between Trucker Path and MiKargo247 allows drivers and owner operators to fully participate in the freight market by meeting insurance requirements and having reliable protection. “With spot cargo insurance powered by MiKargo247, the Trucker Path community has instant access to policies that can protect their loads beyond standard coverage,” said Chris Oliver, CMO at Trucker Path. “With these single trip policies and per load pricing, drivers and owner-operators can control their costs by choosing which loads to insure, and coverage amounts. This addition to the Trucker Path Marketplace supports truckers with an essential product that is easy to access, helps them operate more cost effectively, and provides peace-of-mind knowing their cargo is properly insured.” Following the Trucker Path Marketplace model of making business easier for the driving community, obtaining coverage is a simple click on on the spot cargo insurance icon in the Trucker Path Marketpace and then entering cargo information. Per-trip spot cargo insurance offered by MiKargo247 covers all risks and provides broader coverage for commodities typically excluded by other cargo policies. “MiKargo247 insurthech provides end-to-end spot cargo insurance as a readily-accessible solution for Trucker Path users is a natural fit and solution,” said Michele McGinnis, co-founder and CEO at MiKargo247. “Having the ability to include cargo protection as part of the trip planning process offers an added convenience for drivers so they can focus on their journey.” Benefits of spot cargo insurance powered by MiKargo247 to the Trucker Path community include: • Access to higher paying loads that need higher cargo coverage • Access to commoditities typically excluded by standard cargo policies • Quotes are generated in seconds and binding coverage can be issued in less than two minutes • No waiting for agent or underwriter approval of commodity and limit • No sign-up or subscription is required • Simple online claim service The insurer also provides phone, email and text customer support, and online claim reporting services. MiKargo247 is underwritten by Roanoke Insurance Group Inc. with underwriting authority provided by A-Rated Munich Re Syndicate Ltd. – Syndicate 457 at Lloyd’s of London. Carriers interested in learning more about Trucker Path’s spot cargo insurance offering powered by MiKargo247 can visit www.mikargo247.com/truckerpath/. About Trucker Path Phoenix-based Trucker Path is the provider of a wide range of truck driver-centric mobility products. A subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE: <a href="https://www.prnewswire.com/news-releases/moatable-announces-name-change-from-renren-inc-to-moatable-inc-301856263.html#financial-modal">MTBL</a>),the Trucker Path app is currently in use by nearly 1 million professional truck drivers. Offering best-in-class navigation with truck-optimized routing, the Trucker Path app also provides access to vital up-to-date information about truck stops, real-time parking availability, fuel prices, weigh station statuses, and truck scales and wash locations. The company also offers TruckLoads, a digital freight exchange that connects drivers, carriers and brokers; and COMMAND™, the industry’s first and only Operations & Driver Relationship (ODR) platform that provides small to mid-size fleets with the necessary driver and TMS technologies to successfully run a fleet. For more information, visit www.truckerpath.com. Media Contact: Susan Fall LaunchIt Public Relations 858-490-1050 susan@launchitpr.com

Sep 26, 2023

Safe Alternatives for Truckers’ Pain Management Every job has its pros and cons, which also applies to truck driving. The main demerit of any trucking job is physical – the discomfort and pain that often come with the countless hours spent sitting in the cab. Because different parts of a trucker's body are exposed to various pains, it is important to find safe and effective alternatives for pain management. Let’s delve further into the more common physical pains a trucker is exposed to and how to manage each safely. Common Pain Concerns Many Truckers Face Working in an environment that requires you to sit for long hours has to have some effects on your body. This is the plight of many truckers. Some of the pain concerns include: ● Back and Neck Pain There is an alarmingly high number of truckers who suffer from back pain. Neck and lower back pain are more common because truckers sit for extended periods. Other causes include using improper lifting techniques and poor posture while driving. ● Wrist Pain Truckers suffer from wrist and hand pain because of the repetitive and extended pressure applied to their nerves. This discomfort is further exaggerated by keeping the wrist in one position as you drive and many times can lead to carpal tunnel syndrome. ● Shoulder Pain Driving for long hours puts truckers at risk of shoulder pains and irritations, including bicep tendonitis and rotator cuff injuries. ● Headaches Truck drivers can experience severe headaches due to tension on the nerves at the base of their skull. Tension can be created by a number of factors including the daily task of managing the road safely. Luckily, all these pains are manageable and treatable with the right methods. How to Manage Pain While Working Long Hours We have already established that a trucker is more susceptible to various pains due to the nature of their work. That is why they need to find ways to manage the pain before taking medication. The few things they can include in their daily routine to help with different pains include: ● Lumbar Support Pillow Investing in a good quality lumbar support pillow will go a long way in preventing the dreaded back pain. Truckers can couple this with a good seat cushion to enhance comfort and promote good posture. ● Mirror Positioning Truckers that ensure their mirrors are positioned correctly are less likely to suffer from neck strain. <a href="https://thechilterncentre.co.uk/2019/12/03/driving-posture-do-you-sit-correctly-in-your-car/">Chiltern Health Centre</a> suggests all drivers should “…stretch yourself up and make your spine as tall as possible sitting in an ideal posture. Set the rearview mirror so you can just about see the traffic behind you. This will help to correct your posture every time you look in your rearview mirror, because if you slouch you will not be able to use the rearview mirror.” Mirror positioning is a simple solution to managing core, back, and neck pain. ● Wrist Braces and Stretches By wearing a wrist brace, truckers can ensure their wrist is not in one position for too long. The other great way is to stretch the hand and wrist regularly. Flexion stretches, lifts, and hand squeezes done frequently have also proven to alleviate wrist discomfort. ● Taking Regular Breaks and Sleep Sometimes, acting before it strikes is the best way to prevent pain. Truckers who take breaks, make the most of their down time, focus on getting good rest and stretching can help release built-up tension. Adequate rest is crucial in pain management, especially for truckers. Sleeping on a mattress and pillow that provides extra support to the neck, spine, and legs is also advisable. Safe Alternatives for Pain Management It is always a good idea to try pain management methods with fewer side effects. Here are some safer alternatives for pain relief that truckers can use: ● Exercise A few stretches before and after driving around for hours can do wonders in keeping pain in check. Truckers are advised to try different forms of exercise to reduce pain incidences. Some workouts drivers can try include stretching, bending, and pelvic lifts. Be sure not to overexert with the exercises because it could lead to more damage. ● Ice and Heat Packs A simple yet highly effective pain management alternative is using ice and heat before and after a shift. Physicians recommend that truckers place cold packs on sore areas after a shift to soothe the nerves and reduce irritations. Afterward, they can put a heat pack to relax the affected area. ● Pain Relievers Truckers can sometimes do all the right exercises and preventative measures but still fall short in managing their body aches. It is wise to try different pain-relieving medications to see which works best for you. You can use topical creams and gels, which work by penetrating the skin. Truckers can use <a href="https://www.thecbdistillery.com/blog/how-to-take-cbd-oil-a-beginners-guide/">THC-free CBD oil</a> for even faster pain relief, which works better and has longer-lasting effects. Being pain-free can be a reality for truckers if they adhere to the recommendations listed above. However, in the event self-administered care does not produce adequate results, it is recommended drivers pursue advice from a doctor. Free <a href="https://www.smartandsimple.com/partners/trucker-path/">teleheath options</a> are available that truckers can consider.

Sep 19, 2023

Industry Providers Name National Truck Driver Appreciation Sweepstakes Winners PHOENIX – September 13, 2023 – Trucker Path, a subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE: MTBL) and the most comprehensive and relied upon mobile app for North American truckers, today announced winners of the second annual National Truck Driver Appreciation (NTDA) Sweepstakes. The NTDA Sweepstakes was sponsored by Trucker Path, The Trucker Media Group, Sheetz, Motel 6, and ExxonMobil. The Grand Prize, which included $3,000 in Sheetz gift cards, 30 free nights at any Motel 6 in the U.S. and $500 in Exxon Mobil fuel cards, was won by Angie Moland from Dolton, IL. The winners of weekly drawings who received a $500 Sheetz gift card, five free nights at any Motel 6 in the U.S. and a $100 Exxon Mobil fuel card were: • Matt T. of Valrico, FL • Arthur M. of Hopatcong, NJ • Arlin H. of Nappanee, IN “Along with our iconic industry sponsor partners we are pleased to award these prizes as a way of saying thanks to drivers for their dedication,” said Chris Oliver, CMO at Trucker Path. “Truck drivers are an essential part of the nation’s supply chain and are often overlooked. Through the National Truck Driver Appreciation Sweepstakes, we celebrate the importance of these dedicated carriers and show our appreciation for their contributions and hard work.” Active U.S. truck drivers with a valid Commercial Driver’s License were eligible to enter the NTDA Sweepstakes. Winners of the weekly and grand prizes were randomly selected by a licensed third-party sweepstakes company. National Truck Driver Appreciation Week runs from September 10 – 16, 2023. The annual celebration recognizes the significant contributions of the millions of professional truck drivers nationwide who safely and securely deliver essential goods and transport billions of tons of freight every year. <a href="https://truckerpath.com/uploads/2023/09/2023-09-13_07-30-44.png"><img src="https://truckerpath.com/uploads/2023/09/2023-09-13_07-30-44.png" alt="" width="600" height="400" class="alignleft size-full wp-image-7285" /></a> From left to right: Glen Harbin, Store Manager, Sheetz, Seville, OH ● Erica Butler, District Manager at Sheetz ● Greg Roberts, Head of Branding and Communications at Trucker Path ● Angie Moland, National Truck Driver Appreciation Sweepstakes Grand Prize Winner ● Robert Pardue, Commerical Diesel Program Manager at Sheetz ● Cindy Wojcik, Manager, Special Booking Services and Sales at Motel 6 (G6 Hospitality) About Trucker Path Phoenix-based Trucker Path is the provider of a wide range of truck driver-centric mobility products. A subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE: MTBL),the Trucker Path app is currently in use by nearly 1 million professional truck drivers. Offering best-in-class navigation with truck-optimized routing, the Trucker Path app also provides access to vital up-to-date information about truck stops, real-time available parking, fuel prices, weigh station status, and truck scales and wash locations. The company also offers TruckLoads, a digital freight exchange that connects drivers, carriers and brokers; and COMMAND™, the industry’s first and only Operations & Driver Relationship (ODR) platform that provides small to mid-size fleets with the necessary driver and TMS technologies to successfully run a fleet. For more information, visit www.truckerpath.com. Media Contact: Susan Fall LaunchIt Public Relations 858-490-1050 susan@launchitpr.com

Sep 13, 2023

Trucker Path Increases Load Exposure for MercuryGate TMS Customers Digital integration enables greater and more efficient access for brokers to nearly 1 million Trucker Path app users PHOENIX – August 29, 2023 – Trucker Path, a subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE: MTBL) and the most comprehensive and relied upon mobile app for North American truckers, announced today that a direct connection for digital load posting is now providing brokers using MercuryGate software with increased exposure for their available loads to North America’s largest carrier community. “With a direct digital load posting integration via API we are facilitating greater access, faster transactions, and enabling several new features for brokers using MercuryGate,” said Chris Oliver, CMO at Trucker Path. “Our collaborative integration increases the exposure of available loads to qualified capacity, streamlines freight matching, and drives time savings and efficiency -- creating additional revenue generating opportunities for both sides of the transaction.” For carriers using Trucker Path’s TruckLoads digital freight exchange the new MercuryGate integration provides the ability to quickly and easily view available loads, the opportunity to book loads instantly, and the capability to communicate with brokers directly via their MercuryGate TMS where they spend the majority of their time. “MercuryGate’s Smart Transportation platform is intentionally designed so that our users can seamlessly leverage the most effective transportation management tools to meet their business needs,” said MercuryGate Chief Strategy Officer Jeffrey Varon. “We’re pleased to advance our partnership with Trucker Path and make it easier for brokers and carriers to instantly connect freight with available capacity. As a result, our customers can cover more loads, fill more empty miles and eliminate time-consuming procurement processes that drive up cost.” This API connection allows MercuryGate users to quickly and easily post available loads to the Trucker Path community representing nearly a third of North American carriers. With direct API digital load posting these brokers are able to expand their load visibility and form relationships with Trucker Path’s carrier network. TMS providers and brokers interested in integrating with Trucker Path can email brokersoftware@truckerpath.com. About MercuryGate MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, brokers and carriers. The comprehensive Software-as-a-Service (SaaS) product suite natively supports all transportation modes and segments, generating value for its users through improved cost, productivity and efficiency using artificial intelligence (AI),machine learning (ML) and connected technologies to adapt and automate transportation management functions. Learn how MercuryGate makes shipping intelligent, simple, sustainable and transformative for customers at www.mercurygate.com. About Trucker Path Phoenix-based Trucker Path is the provider of a wide range of truck driver-centric mobility products. A subsidiary of leading global SaaS provider, Moatable, Inc. (NYSE: MTBL),the Trucker Path app is currently in use by nearly 1 million professional truck drivers. Offering best-in-class navigation with truck-optimized routing, the Trucker Path app also provides access to vital up-to-date information about truck stops, real-time parking availability, fuel prices and discounts, weigh station statuses, and truck scales and wash locations. The company also offers TruckLoads, a digital freight exchange that connects drivers, carriers and brokers; and COMMAND™, the industry’s first and only Operations & Driver Relationship (ODR) platform that provides small to mid-size fleets with the necessary driver and TMS technologies to successfully run a fleet. For more information, visit www.truckerpath.com. Media Contact: Susan Fall LaunchIt Public Relations 858-490-1050 susan@launchitpr.com

Aug 30, 2023

Managing Cyber Security in Trucking’s Data-Driven Environment The trucking industry is now more dependent on data than ever before. Due to the adoption of electronic logging devices (ELDs),telematics and other connected technologies, trucking companies must process and store huge amounts of data every day. While this data can benefit businesses, it also presents a target for cyber-attacks. That's why cyber security has become increasingly important for companies in the trucking industry, regardless of their size. Even small fleets and individual truck drivers are vulnerable to cyber-attacks and may be at risk compared to larger companies due to limited IT resources. Cyber Security Threats to the Trucking Industry Several cyber security threats could affect the trucking industry. These include: • Data breaches. A data breach could expose sensitive information, such as customer data, financial data, or trade secrets. • Malware attacks. Malware attacks can damage or disable systems, steal data, or spread to other systems. • DDoS attacks. DDoS attacks can flood a system with traffic, making it unavailable to legitimate users. • Ransomware attacks. Ransomware attacks encrypt data and demand a ransom payment to decrypt it.  Tips for Managing Cyber Security in the Trucking Industry To ensure the protection of data and resources, here are some recommendations for managing cyber security that carriers and fleet owners should consider: Give Priority to Cyber Security Awareness and Training One of the steps towards cyber security management is emphasizing awareness and training. It is crucial to educate truck drivers and employees about the significance of cyber security and familiarize them with threats. Conduct training sessions to keep them updated on practices for password management identifying phishing attempts and other essential cyber security measures. Implement Robust Password Policies Strong password policies play a role in safeguarding information. Encourage individuals to create passwords using a combination of letters, numbers and special characters. Remind workers about the importance of changing passwords and avoiding using the same password across multiple accounts. Ensuring the Security of Mobile Devices and Computers When it comes to truck drivers, their reliance on devices and computers while on the road is significant. It's crucial to prioritize protecting these devices by keeping them equipped with up-to-date antivirus software and firewalls. It is also essential to emphasize the use of Wi-Fi networks while cautioning against connecting to unsecured networks vulnerable to cyber-attacks. Regularly Updating Software and Firmware To maintain security, it is important to update software and firmware. Check for updates and patches for your operating systems, apps and connected gadgets. These updates often include security improvements that address new vulnerabilities and protect against threats. Regular Data Backups Backing up data and storing it securely on a regular basis is crucial for mitigating the impact of cyber-attacks. In case of a cyber-attack or data breach, having backups will assist in restoring operations while minimizing downtime. Active Monitoring for Cyber Threats Implement <a href="https://nmfta.org/the-dos-and-donts-of-cybersecurity-penetration-testing-for-trucking-companies/">real-time monitoring</a> systems and tools to detect and respond promptly to cyber threats. Utilize intrusion detection systems and network monitoring techniques to identify any suspicious activities or potential breaches. An immediate investigation into detected threats will help mitigate damages. Establishment of Incident Response Plans It is vital to be prepared by establishing incident response plans that effectively address cyber incidents when they occur. Strategies for dealing with cyber-attacks include the establishment of communication protocols, containment measures and recovery procedures. Regularly testing and updating these plans is essential to ensure their effectiveness. Collaborate with Cyber Security Experts Consider collaborating with cyber security experts or consultants who specialize in the trucking industry. They can provide insights, conduct risk assessments and assist in implementing cyber security measures that are specifically tailored to the needs of fleets and owner operators. Why is Cyber Security Important in the Trucking Industry? Cyber security holds importance within the trucking industry for several reasons. First, the data generated and stored by trucking companies is highly valuable. Criminals could exploit this data for fraud, identity theft or causing disruptions in operations. Furthermore, the trucking industry can be significantly impacted by cyber-attacks. When a company's customer data is compromised due to a data breach, it harms the company’s reputation and also results in lost business opportunities. In addition, if a malware attack occurs and disrupts or disables systems, it can lead to losses and operational disruptions. Another critical aspect is the safety risk posed by cyber-attacks. For instance, if a cyber-attack occurs, telematics systems could be disabled and may not process safety alerts that could prevent accidents or other hazardous situations. Conclusion To summarize, effective cyber security management is paramount for fleets and individual truck drivers in the trucking industry. By following recommended practices and prioritizing cyber security awareness and training, trucking companies can better protect themselves from cyber threats, secure data effectively and ensure protected business operations.

Aug 22, 2023

An Overview of Alternative Fuel Trucks and How They Are Revolutionizing the Trucking Industry The trucking industry, which plays a vital role in the global economy in transporting goods across vast distances, is facing a significant challenge. With the rising costs of traditional fuels, insurance and maintenance, the cost of operating a truck is <a href="https://truckingresearch.org/2023/06/an-analysis-of-the-operational-costs-of-trucking-2023-update/">increasing year over year</a>. Among these increasing expenses, <a href="https://www.ttnews.com/articles/atri-cost-trucking?utm_source=logisticsB&utm_medium=newsletter&utm_campaign=newsletter&mktId=15533167&mkt_tok=OTA1LUJCVy04NzYAAAGMh1CMLfQv7GxQJmMyS0ZJK-BumFeZLjbLjHBJphheKHuEDPiQWw9DuYXkPUJ-At2B4nkw2rGloUwNOnotzZeufVHxwLtm50r0lz6sBfE4Bp5QXg">rising fuel costs</a> (53.7% higher than in 2021) are of the biggest concern.. While <a href="https://truckerpath.com/discounted-fuel-deals/">fuel savings programs</a> have emerged, trucking companies are actively seeking sustainable and cost-effective solutions to power their fleets and reduce the cost of trucking. In recent years, alternative fuel trucks have emerged as promising options, offering environmental benefits and reducing operating costs. According to an ATRI report in 2022, <a href="https://www.ttnews.com/articles/atri-cost-trucking?utm_source=logisticsB&utm_medium=newsletter&utm_campaign=newsletter&mktId=15533167&mkt_tok=OTA1LUJCVy04NzYAAAGMh1CMLfQv7GxQJmMyS0ZJK-BumFeZLjbLjHBJphheKHuEDPiQWw9DuYXkPUJ-At2B4nkw2rGloUwNOnotzZeufVHxwLtm50r0lz6sBfE4Bp5QXg">8.2% of respondent fleets</a> included at least one truck powered by an alternative fuel source, an increase from 7% in 2021. Let’s take a closer look at some of the most popular alternative fuel trucks that are transforming the trucking landscape. 1. Compressed Natural Gas (CNG) Trucks Compressed Natural Gas (CNG) trucks have gained considerable popularity as one of the leading alternatives to conventional diesel-powered vehicles. In fact, they were the most popular alternative fuel option according to the ATRI survey, at 6.2%. <a href="https://www.treehugger.com/what-is-cng-fuel-6502399#:~:text=What%20Are%20CNG%20Vehicles%3F%20Natural%20gas%20vehicles%20are,or%20diesel%20when%20natural%20gas%20is%20not%20available.">CNG</a> is a clean-burning fuel that is abundant and domestically available. It has grown in popularity as the choice of alternative fuel due to low natural gas prices versus high diesel fuel rates. Besides being much cheaper and resulting in lower operating costs for trucking companies, CNG trucks also produce significantly lower emissions than gasoline and diesel trucks, contributing to improved air quality and reduced greenhouse gas emissions. 2. Battery Electric Trucks Battery electric trucks are another emerging alternative fuel option that holds great potential for the trucking industry. They produce zero tailpipe emissions and have the potential to reduce the carbon footprint of the transportation sector significantly. They also deliver a much <a href="https://traton.com/en/newsroom/current-topics/why-the-battery-electric-drive-represents-the-future-for-trucks.html">higher level of fuel efficiency</a> and are also much more cost-effective on long-haul routes. Although battery electric trucks have been slower to gain traction in the heavy-duty trucking market due to the limitations of battery technology (such as range and charging infrastructure),ongoing advancements are rapidly improving their viability. As battery technology improves and charging infrastructure expands, electric trucks are expected to play a crucial role in the future of freight transportation. 3. Liquefied Natural Gas (LNG) Trucks Liquefied Natural Gas (LNG) trucks are another alternative fuel option and are fueled by natural gas that has been cooled to a liquid state, making it easier to store and transport. LNG trucks, similar to most alternative fuels, offer environmental benefits by emitting lower levels of greenhouse gases. They also provide longer driving ranges than CNG trucks, making them suitable for long-haul applications. However, the infrastructure for <a href="https://www.energy.gov/fecm/liquefied-natural-gas-lng">producing, storing, and distributing LNG</a> is still developing, which can be a limiting factor in the widespread adoption of these trucks. 4. Hydrogen Fuel Cell Trucks <a href="https://www.baesystems.com/en-us/definition/what-is-a-hydrogen-fuel-cell-truck">Hydrogen fuel cell trucks</a> are at the forefront of cutting-edge technology in the alternative fuel trucking landscape. These trucks use hydrogen gas, which is combined with oxygen from the air in a fuel cell to produce electricity, which powers the vehicle. One major benefit of hydrogen fuel cell trucks is that they produce zero harmful emissions, as the only byproduct of the energy conversion process is water vapor. However, several challenges hinder widespread adoption, including the high cost of hydrogen production and the limited hydrogen refueling infrastructure, due to hydrogen fuel cells being a relatively new technology. However, as technology advances and the hydrogen ecosystem continues to develop, hydrogen fuel cell trucks may soon become a game-changer in the trucking industry. The Trucking Industry is Changing As we speak, the trucking industry is undergoing a transformation as the demand for more sustainable and cost-effective transportation solutions rises. Alternative fuel trucks offer a promising path forward, providing environmentally friendly options to combat rising fuel costs. As technology continues to progress, these next generation options will undoubtedly become more accessible and prevalent, revolutionizing the trucking industry.

Aug 10, 2023

The Damaging Effects of Double Brokering in Trucking As the after-effects of the global pandemic still impact domestic supply chain transportation, trucking is more important to the U.S. supply chain than ever. However, with this increasing reliance on the trucking industry, there is also an equal increase in double brokering, a practice that poses a significant threat to the integrity and profitability of this vital sector. In fact, this illegal practice has cost the domestic shipping industry more than <a href="https://theloadstar.com/us-shippers-put-on-high-alert-over-double-brokering-fraud/">$500 million in a year</a>. So, what exactly is double brokering and why is it detrimental to the trucking industry? Understanding Double Brokering <a href="https://www.bm2freight.com/2021/12/22/the-truth-about-double-brokerage-and-what-brokers-wont-tell-you/">Double brokering</a> involves a middleman or broker accepting a load from a shipper and then sub-contracting it to another carrier. The process begins when a shipper entrusts a broker to arrange the transportation of their goods. The broker, instead of fulfilling their responsibility to secure a reliable carrier, opts to subcontract the job to another carrier without disclosing their role as a middleman. The second carrier, unaware of the original agreement, believes they are dealing directly with the shipper. This deceptive practice often leads to multiple parties unknowingly handling the same shipment, exploiting the lack of transparency and communication between shippers, carriers, and brokers. This could result in a series of problems, such as delayed deliveries, loss of cargo, and damaged relationships between the parties involved. This miscommunication and lack of accountability can also lead to potential fraud, low-quality service, and financial loss. With the deceptive nature of double brokering, it’s common that the carrier that ends up actually transporting the load hasn’t been carefully vetted and may not meet the shipper’s standards. The double broker may also fail to pay the carrier entirely, creating a completely new issue. Negative Impacts on the Trucking Business Double brokering undermines the very foundation on which the trucking business operates, ultimately harming all parties involved. 1. Compromised Quality and Accountability By introducing an extra layer into the transportation process, double brokering dilutes accountability and makes it challenging to identify who is responsible for any shortcomings, such as delays in shipping or damage to delivered cargo. The lack of direct communication between the shipper and carrier results in a diminished ability to address issues promptly and effectively, leading to dissatisfied customers. 2. Increased Risks Double brokering increases the likelihood of cargo theft and fraud, as multiple parties are involved in the handling of shipments. Each additional party in the supply chain creates an opportunity for unauthorized access to the cargo, heightening the risk of theft, loss, or damage. Furthermore, as mentioned earlier, double brokering also means that there is a lack of accountability for any such cases, making it challenging for shippers to identify who is responsible for these shortcomings. 3. Erosion of Trust Trust is the backbone of any successful business relationship, including those within the trucking industry. Double brokering erodes trust by deceiving both shippers and carriers, leading to damaged reputations, strained partnerships, and a reluctance to engage in future transactions. The resulting loss of trust can have long-lasting negative consequences for the overall functioning of the industry and for individual shippers, brokers, and carriers affected by <a href="https://www.parade.ai/resources/freight-fraud">freight fraud</a>. Combatting Double Brokering To mitigate the adverse effects of double brokering and safeguard the interests of all stakeholders in the trucking business, a multi-faceted approach is necessary: 1. Strengthening Regulation and Enforcement Regulatory bodies and law enforcement agencies need to collaborate to enforce strict guidelines and penalties against double brokering. Clear industry standards should be established to deter individuals from engaging in this practice, and regular audits and investigations should be conducted to identify and penalize offenders. <a href="https://www.ttnews.com/articles/double-brokering-increases">In the U.S</a>., many logistic providers as well as transportation associations are aware of the uptick in double brokering and actively working to implement new protocols against it. 2. Enhancing Transparency and Communication Improved communication channels and technologies should be embraced to facilitate direct interaction between shippers and carriers. By minimizing the role of intermediaries, trust can be restored, and potential risks associated with double brokering can be mitigated. On the side of shippers, they should also do their due diligence to <a href="https://www.parade.ai/digital-booking-with-confidence">investigate and conduct background checks</a> on their carriers before engaging in their services. Tools like <a href="https://app.carriers.fyi/">Carriers.FYI</a> can help verify carrier identities and reduce the risk of double brokering. 3. Raising Industry Awareness Education and awareness campaigns should be launched to inform shippers, carriers, and brokers about the risks and consequences of double brokering. Industry associations, trade shows, and conferences can serve as platforms to discuss best practices, share experiences, and collectively work towards eradicating this unethical practice. Double brokering undermines the trust, efficiency, and profitability of the trucking business. By understanding the basics of this practice and its detrimental impact, stakeholders can unite in their efforts to combat double brokering. With strengthened regulations, improved transparency, and increased awareness, the trucking industry can reclaim its integrity, fostering a more reliable environment for shippers, carriers, and brokers alike.

Jul 26, 2023

10 Reasons Why Commercial Vehicles Need Regular Maintenance By recognizing the significance of maintaining our personal cars and trucks, it becomes clear that commercial vehicles deserve no less attention. In fact, regular maintenance is one of the most important aspects of <a href="https://www.merchantscommercialsales.com/vehicles-for-vocations.html">commercial vehicle ownership</a>, regardless of industry use. What Does Regular Maintenance Mean? Let’s review some top maintenance items before we dive into the reasons regular maintenance is essential for commercial vehicles. ● Oil and filter changes — The old rule of thumb used to be every 3,000 miles, but newer engines that use either synthetic oil blends or 100% synthetic oil can be driven between <a href="https://www.kbb.com/car-advice/how-often-should-i-change-my-oil/">5,000 and 10,000 miles</a> before an oil and filter change is needed. However, your vehicle manufacturer's guidelines will offer the best advice. You can expect to need new air filters every 15,000-30,000 miles. ● Tire tread depth and pressure — Your dashboard will light up with an alert when your tire pressure is low, often a tread depth issue is not realized until a technician points it out or a vehicle is undergoing an inspection. ● Tire rotation — It’s best to <a href="https://www.bridgestonetire.com/learn/maintenance/tire-rotation/">rotate your tires every 5,000 miles</a>, or as recommended by the manufacturer. ● Alignment — Potholes, bumps, and rocky terrain can impact your <a href="https://www.bridgestonetire.com/learn/maintenance/tire-rotation/">vehicle’s suspension alignment</a>, which can contribute to uneven wear and tear on your tires. The following features should also be checked regularly to avoid larger issues and safety concerns: ● Battery life ● Belts ● Brakes ● Fluid levels ● Headlights ● Hoses ● Shocks ● Spark plugs ● Turn signals 10 Reasons Why Your Commercial Vehicles Should Undergo Routine Maintenance 1. Improve safety Safety is widely regarded as a top priority. Make sure a technician regularly checks your <a href="https://www.allstate.com/resources/car-insurance/how-to-check-brake-pads">brake pads</a>, and keeps an eye and feel out for any unusual noises (such as grinding) or odd sensations (such as vibrating). Failing brakes have the potential to create a major accident that endangers the life of your driver, passenger, and anyone else in the vehicle’s vicinity. 2. Save money in the long-run The idea is that what you spend on routine maintenance will help prevent larger, more expensive problems in the future. For example, rotating your tires helps them wear more evenly, which means you don’t have to buy new ones as often. Failure to change your oil may result in the need for a completely new — and typically very expensive — engine. 3. Improve fuel economy According to the <a href="https://afdc.energy.gov/conserve/vehicle_maintenance.html#:~:text=Regular%20maintenance%20tune%2Dups%20ensures,the%20repair%20type%20and%20quality.">U.S. Department of Energy</a>, “using the manufacturer’s recommended grade of motor oil in an engine can improve fuel economy by 1%-2%.” Properly inflating your tires can improve your mileage by an average of .6% but possibly up to 3%. 4. Detect potential problems When caught early, big, expensive problems aren’t so big and expensive. Many potential issues are noticed during routine maintenance and can be addressed promptly. 5. Extend the life of the vehicle If you care for something properly it will last, and commercial vehicles are no exception. Here’s some helpful advice from <a href="https://www.progressive.com/answers/how-many-miles-does-a-car-last/#:~:text=A%20conventional%20car%20can%20last,help%20extend%20your%20car's%20longevity.">Progressive:</a> “Experts recommend scheduling routine maintenance for your vehicle, including annual engine cleaning to extend its life and regular car washing to prevent corrosion. Vacuuming the interior removes dirt and debris that can lead to tears in the fabric.” 6. Comply with regulations Regular maintenance ensures that your commercial vehicles meet safety and environmental regulations, avoiding potential fines and penalties. 7. Promote your brand Dependable companies have dependable vehicles. It’s important to maintain a brand that promotes reliability and diligence. The last thing you want is for your cargo van or truck to break down because of an issue that could have easily been avoided with proper routine maintenance. 8. Increase the value of your vehicle A properly maintained commercial vehicle will go a long way with potential buyers if you’re looking to sell down the road. This includes <a href="https://www.autotrader.com/car-tips/3-reasons-your-cars-service-records-are-essential">keeping service records</a>, which provide proof that you’ve taken good care of your vehicle. 9. Maintain vehicle warranty Saving detailed records of all types of maintenance will also come in handy when it comes to your warranty. The <a href="https://consumer.ftc.gov/articles/auto-warranties-service-contracts">Federal Trade Commission</a> recommends keeping a file to track all repairs (oil changes, new brake pads, inspections — essentially everything),explaining that “if you ever have a warranty claim and it appears that you didn’t maintain your vehicle, your claim might be denied.” 10. Peace of mind Knowing your commercial vehicles are regularly inspected and in good condition gives you peace of mind and confidence in your business operations. When all is said and done, taking proper care of your vehicle helps ensure that it stays in excellent condition. Be meticulous and promptly schedule routine checks. This maintenance is intended to go a long way in prioritizing the safety of your driver and those around them, and in preserving the lifespan of your vehicle. __________________________________________________________________________________________ Article Author: Dawn McQueeney Dawn McQueeney serves as Marketing Manager at <a href="https://www.merchantsauto.cars/">Merchants Auto</a>. Joining in 2020, she brings with her more than 15 years of marketing experience, and originally started as a Marketing Coordinator. McQueeney has helped elevate the customer experience in the dealership showroom so that every visit is positive.

Jul 20, 2023