Insurance and Risk Management

Freight fraud incidents are climbing by double digits year over year, and Reliance Partners breaks down how fraud has evolved and what to do about it.

Insurance varies among countries, so knowing where a policy should be underwritten is key.

Cargo insurance is one of the top expenses for carriers, but what does it really do and why is it so important?

Hurricanes, cargo theft, double brokering, and accidents all can negatively impact insurance rates.

Changes are coming to prohibited classifications at the Drug & Alcohol Clearinghouse.

With fraud on the rise, verifying carriers has become one of the top ways shippers can fight fraud on the front lines.

Rigorous driver hiring standards are proving to be more than just a safety measure — they’re a strategic tool for managing insurance costs.

Thin margins and unpredictable risks are the norm, and trucking companies are increasingly turning to captive insurance plans to address those challenges.

Reliance Partners’ Mark Barlar shares what carriers and drivers should know before they submit their first DataQs request.

“I understand that there are times the phone can’t be answered or there are other priorities pulling dispatchers away, but try to keep communication open,” Reliance Partners’ Brian Runnels said.

Like all technology, ELDs can malfunction. When that happens, drivers need to know what to do to stay compliant with Federal Motor Carrier Safety Regulations.

Over 57% of roadside inspections result in at least one violation. Reliance Partners’ director of DOT regulatory compliance shares regulations that drivers and carriers commonly overlook.

To view more FreightWaves infographics, click here

The VP of safety at Reliance Partners joined Dooner during Monday’s episode of WHAT THE TRUCK?!? to discuss trends that could be contributing to crash fatalities.

“Unfortunately there are still drivers on the road that give the rest a bad name. We’re as an industry looking to change that perception,” Reliance Partners’ Robert Kaferle said.

Freight brokers can “increase their capacity by managing their own dedicated pool of leased trailers,” said Graham Gonzales, vice president of strategic accounts at Reliance Partners. Reliance is America’s fastest growing and most diverse insurance brokerage with a sole focus on the transportation space, specializing in annual and usage-based solutions.

The potential for higher pay and less idle time is appealing. However, constantly sharing a confined space with another person doesn’t work for everyone.

“Some companies, not all, are willing to roll the dice on things like safety and maintenance to try to save money. But, when it comes to safety, neglecting small things can turn into big things,” Reliance Partners’ Brian Runnels said.

In just a few weeks, law enforcement personnel across North America will be posted at roads, weigh stations and designated inspection areas to conduct thousands of inspections during CVSA’s 2023 International Roadcheck.

“There have been companies that have introduced [dashcams] with great success and haven’t lost any drivers at all, and then there are other companies that have lost quite a few drivers because of it,” Reliance Partners’ Brian Runnels said.