Risk Management Tips for the Trucking Industry

EditorBusiness Insurance, Risk Management

MA RISK MANAGEMENT TIPS FOR THE TRUCKING INDUSTRYRisk Management Tips for the Trucking Industry

According to the Federal Motor Carrier Safety Administration (FMCSA), over the past two decades, the number of truck accidents has increased by 20%. Federal laws and regulations govern the trucking industry, and these laws establish certain standards that trucking companies, owners, and drivers must meet. However, true safety awareness starts with the drivers and other employees of the trucking industry.

When it comes to trucking accidents, there are number of people that may be held liable for any victims’ injuries. Potential defendants could include:

  • The truck driver
  • The owner or company of the truck or trailer
  • The manufacturer of the vehicle, tires, or other parts that may have contributed to the cause or severity of the accident
  • The shipper or loader of the truck’s cargo (in cases involving improper loading)

While your trucking company may not be held liable for all of the above situations, it’s important to know what MA Risk Management strategies you should employ to financially protect your business. The biggest part of this is ensuring that your drivers are always adhering to the rules and regulations set forth by the Department of Transportation (DOT). In addition, you should make sure that your drivers:

  • Take care of themselves physically and mentally
  • Always maintain their vehicle
  • Be aware of their blind spots
  • Slow- down in work zones
  • Always keep their distance
  • Fasten their seatbelt
  • Drive defensively

If your driver feels that they are in an unsafe driving situation, they should be able to let you know and avoid the situation as needed. Following the above safety tips will help with your MA risk management efforts.

At Sinclair Risk & Financial Management, you can count on our team of professional to continuously search for new ways to improve your security while minimizing your total cost of risk. To learn more about our MA Risk Management Program and our MA Trucking and Bus Insurance products, please contact us at (877) 602-2305.