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Why Specialized Accounting Software is Essential for Trucking Companies Trucking firms have specific bookkeeping requirements that traditional accounting software, like QuickBooks, may not adequately address. Instead of forcing those systems to fit your operational needs, select a solution designed
Michael Lasko from Skelton Truck Lines warns that without legal reforms, insurance rates will keep climbing. (Boyle Transportation) Insurance Costs Rising Post-COVID, the cost of insurance has consistently risen due to high inflation, increased labor and equipment expenses, and larger settlements. I
Dive Brief: During an earnings call last week, J.B. Hunt Transport Services’ executive vice president and CFO, John Kuhlow, indicated that workforce costs and insurance premiums are likely to continue increasing due to inflation. The company’s workforce expenses rose almost 5.7% year-over-year, reac
Addressing Phantom Damage Misuse The issue of phantom damages is increasingly recognized as a contributor to social inflation, with ongoing debates in many states regarding their permissibility as part of tort reform. Concerns revolve around potential exploitation of phantom damages, evidenced by: E
For over two weeks, truck drivers throughout Iran have halted their operations; many are leaving their trailers partially open as a gesture of solidarity during forced work. The National Union of Iranian Truckers issued a statement emphasizing, “We stand not out of stubbornness, but out of dignity.”
Note: This meeting is accessible to all members of the ATA Moving and Storage Conference. MSC Unpacked: Independent Movers Committee Education Series – Harnessing Captive Insurance Webinar Overview: We invite you to participate in the upcoming MSC Unpacked: Independent Movers Educational Webinar on
New Headquarters Announcement CHARLOTTE, N.C. — Daimler Truck Financial Services USA (DTFS), part of Daimler Truck North America, will set up its U.S. headquarters in Charlotte, creating 276 jobs in Mecklenburg County, as announced by Gov. Josh Stein on Tuesday. Investment and Facility Details The c
Understanding the Risks of Moving Relocating can be both challenging and costly, even if everything goes smoothly. If you encounter an accident while using a rental moving van or trailer, not only could your belongings get damaged, but you might also be responsible for repairing the rental vehicle.
South Florida Trucking Company Owner Arrested for Insurance Fraud A trucking company owner in South Florida was apprehended last month for allegedly selling fake insurance policies that totaled nearly $60,000 to local truckers, as reported by Florida Chief Financial Officer (CFO) Jimmy Patronis. Det
