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The audit activity and the resultant motor carrier safety rating has been criticized for being imperfect, and perhaps misleading. Studies [2] [3] have shown that for a considerable number of audit items, correlation coefficients between audit item outcome and actual safety performance have counter-intuitive signs: the better the compliance rating of firms, the worse their accident rates.
The Federal Motor Carrier Safety Administration (FMCSA) is an agency in the United States Department of Transportation that regulates the trucking industry in the United States. The primary mission of the FMCSA is to reduce crashes, injuries, and fatalities involving large trucks and buses.
GP Transco was founded on June 30, 2006, by Gedas Poviliunas, in Illinois. [4] The company was headquartered in Darien before moving to its new headquarters in Joliet, Illinois, in 2020.
In order to obtain a license to broker freight, a freight brokerage must purchase a surety bond or trust agreement with the Federal Motor Carrier Safety Administration (FMCSA). [3] Prior to June 2012 when the bill was signed by President Obama, the surety bond coverage required to hold a broker license was $10,000.
Car Insurance Costs Surpassed $2,300 in the First Half of 2024. The average annual cost of full coverage hit $2,329 in June 2024, a 15% increase from $2,018 at the end of 2023.
VANCOUVER, British Columbia (AP) — NexGen Energy Ltd. (NXE) on Thursday reported net income of $7.5 million in its third quarter. On a per-share basis, the Vancouver, British Columbia-based ...
Americans have abandoned 29.2 million 401(k) accounts holding trillions in assets. You can find them using a new government database or calling past employers.
Between 1999 and 2011, Federal Motor Carrier Safety Administration showed a significant decline in the number of power units (trucks or semi-tractors) operated by the company. In 1999 it had 225, [ 13 ] by 2004 the number was 126, [ 14 ] and by 2011 it was 74.