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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.
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Brokers are also required to obtain a bond. Known as a Freight Broker Bond, it exists to primarily serve as an insurance policy for motor carriers , in the event that a freight broker fails to remit payment to a carrier when required to do so by a load contract. A motor carrier can "file" against a broker's surety bond if a broker fails to ...
Although insurance carriers will not sell you a policy with less coverage than the state-mandated minimum coverage level, it may still be a good idea to review your state minimum coverage car ...
FreightWaves reached out to Tommy Ruke, founder of the Motor Carrier Insurance Education Foundation (MCIEF), for insights on how trucking companies can protect themselves from costly payouts ...
The National Private Truck Council (NPTC) is a national trade association in the United States which represents private motor carrier fleets. [1]Headquartered in Arlington, Virginia, the NPTC is the national trade association representing private motor carrier fleets, corporate or private truck fleets operated by manufacturers, distributors, processors, and retailers.
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
A common property-carrying commercial vehicle in the United States is the tractor-trailer, also known as an "18-wheeler" or "semi".. The trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over land—typically from manufacturing plants to retail distribution centers.
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