Posts Tagged ‘Motor Carrier Act’

Did You Know?…Interesting Trucking Facts

Monday, March 21st, 2011

Think you know everything about the trucking industry?  Below are some interesting facts you may not have known; from the history of the first tractor trailer to interesting tidbits will spark any truck lover’s interest.

The First Tractor Trailer

The first tractor trailer was invented in 1914 by Charles Freuhauf, who was a German-American blacksmith. Freuhauf built the truck in Detroit at a merchant’s request to transport his boat to the Ford Motor Company.  Freuhauf was then asked to build a similar tractor trailer to haul lumber, leading him to establish the Freuhauf Trailer Company in 1918.  (http://www.ehow.com/about_5148345_tractor-trailer-definition.html#ixzz1HFqVk8NV)

The Fifth Wheel

John Endebrock, a sales representative at the Sechler Company, a carriage manufacturer which changed its name to The Trailmobile Company in 1915 when Endebrock created a trailer that could be pulled by a Ford Model T, created the fifth wheel, a mechanism that couples the tractor to the trailer. (http://www.ehow.com/about_5148345_tractor-trailer-definition.html#ixzz1HFqVk8NV)

The Motor Carrier Act

Passed by Congress in 1935, allowing the Interstate Commerce Commission (ICC) to “grant operating permits, approve trucking routes,” and “set uniform tariff rates for hauling freight,” leading to little competition among trucking companies.  The ICC was abolished in 1995.  (http://www.irs.gov/businesses/article/0,,id=170623,00.html)

The Department of Transportation

Created in 1967, the DOT sets requirements on braking standards, maximum work hours, and “overall safety fitness of interstate carriers.”  (http://www.irs.gov/businesses/article/0,,id=170623,00.html)

Maximum Weight Requirements

In 1982, the Surface Transportation Act was created, stating that interstate highway trucks cannot have a total weight of more than 80,000 pounds.

tractor

Largest Tractor

The world’s largest tractor was created by the French in 2005.  Named the TRACTOMAS TR 10X10, created by NICOLAS Industrie, this tractor has a “tare weight of around 40 tonnes, along with a vehicle total weight of 71 tonnes,” with an overall weight of truck and trailer of about 600 tonnes.  (http://www.press-n-relations.de/news/news-detail/artikel/tractomas-tr-10×10-d100-the-worlds-biggest-tractor//archiv/2005//cat/3/back/16/liste/2/)

Largest Cargo Theft

To date, the largest cargo theft resulted in $76 million worth the loss from an Eli Lilly and Co. warehouse loaded with prescription drugs in Enfield, Conn. on March 14, 2010.

(http://www.nrsonline.com/pdfs/ASMay2010_RippedOff.pdf).  This case shows the importance of transporting your freight with a carrier well-versed in cargo security and exercising the toughest security features such as Road Scholar Transport.  Check out Road Scholar’s services at www.roadscholar.com.

Did You Know?

trucks

Road Scholar Transport is a leading solutions provider in the transportation industry with a 0.0005% damage and loss rate, which is among the lowest in the industry and far below the rates of those major national carriers.

Jim Barrett, founder of Road Scholar, is well-versed in cargo security, partnering up with Walt Beadling, President of the Cargo Security Alliance, and Peters, radio host of Tough Talk (94.3 FM) who served in the White House and then as liaison to the Office of Homeland Security, to discuss threats to the motor freight supply chain.  You can listen to Barrett’s Tough Talk interview with Peters at http://www.roadscholar.com/webinars/toughtalk2.html.

What kind of interesting trucking facts do you know?

Cargo Insurance No Longer Mandatory for Most Carriers

Tuesday, March 15th, 2011

Starting Monday, March 21st, many carriers will no longer be obligated to purchase cargo insurance, terminating the 1935 Motor Carrier Act.

are you insured?

With the exception of household goods carriers and freight forwarders, who will still be required to carry the insurance, the rule, published last June, will abolish the current $5,000 minimum per claim.

According to the Federal Motor Carrier Safety Administration (FMCSA), most carriers obtain policies that are well above the $5,000 minimum requirement, with most having a $50,000 to $100,000 liability, truckersnews.com notes.  Road Scholar Transport, a leading LTL and TL carrier, is one of these, with a $100,000 cargo liability policy available for viewing at http://www.roadscholar.com/certifications.php.

Although most carriers will no longer be required to carry the insurance, they certain have the option to continue their policies, which the FMCSA believes they will continue to do “because their customers require it,” an article in DC Velocity notes.

According to Transportation & Logistics Council Inc.’s Attorney Raymond Selvaggio, carriers should still be required to carry a certain amount of cargo insurance, believing that terminating all mandatory requirements would “weaken the already fragile system of protection available for transportation service providers” and open “up the marketplace to new entrants that are financially unstable” (http://www.dcvelocity.com/articles/20110314cargo_insurance_mandate_to_end_march_21/).

Unless Congress interferes, which, as of right now, there have been no objections, the rule will go into effect on Monday; however, Road Scholar will continue to provide its customer’s with cargo insurance and the utmost care and safety of your freight.

Do you think that there should be a minimum requirement of cargo liability insurance that carriers must carry?

protecting your cargo

Road Scholar Transport-Protecting your Cargo