As we have mentioned numerous times in previous blog posts, one of the most important responsibilities business owners have is ensuring their company and operations comply with state and federal regulations.
Parking may not seem like a serious issue to most motorists. At most, it can be an infrequent, sometimes expensive, headache. However, for those in the trucking and transportation industry, parking is among the most stressful parts of a driver’s job. It is also creating considerable challenges with regard to complying with federal regulations and avoiding financial waste, according to a recent report.
Driving a truck can be a grueling, demanding occupation, especially for drivers who travel across the country. Not only do drivers face the risk of getting in an accident, they also need to find ways to cope with the long hours of sitting behind the wheel. As such, it is important for trucking company owners to hire people capable of performing the job safely and in accordance with state and federal trucking laws.
Mergers and acquisitions are highly complicated business transactions that must be entered into with careful consideration. It is not as easy as a one-time transaction or purchase, and there are financial, employment and organizational implications to think about.
Complying with state and federal trucking regulations is a significant responsibility for those operating in this industry. There are equipment, training, hiring and operational obligations that must be observed properly or the companies could face major consequences.
Technology is changing the way business is conducted throughout the world. In the transportation industry, driverless trucks are quickly becoming reality for logistics companies. As these trucks are rolled out in the years ahead, logistics firms will need to adjust to new regulations and deal with safety concerns.
Business owners must consistently stay on top of the latest innovations, or see their market share erode. New and dramatic shifts are already underway in the logistics and transportation industries, which will affect every aspect of your business in 2018.
Efficiency and meeting deadlines are the top priorities for any transportation or logistics company. In an effort to meet these priorities and compete in a highly competitive industry, some business owners take risks others may not be willing (or able) to take.
In a recent post (read in full here), we discussed proposed Federal legislation that would affect California commercial transportation companies by extending the deadline to comply with an electronic logging device ("ELD") mandate.
California trucking companies are wrestling with the impending "electronic logging device" mandate. On Dec. 18, 2017, compliance with the ELD mandate will be required for all truck driving companies, and for carriers with large fleets compliance will be prohibitively expensive.