The “Partnership” between shippers, brokers, carriers, and freight forwarders is to assure that carriers and brokers are paid for their services. The most valuable commodity in the transportation industry is the motor carrier.  They should never accept the transitional from the client, moving loads to the claimant, filing claims to be paid.  Murphy’s Law is […]

Transport Financial Services (TFS) offers solutions to the industry’s logistical challenges through “Collaborative Partnerships”, entailing a single location for transportation services provided by the only BMC-85 Trust Bond provider able to refer BMC-84 Broker Bond’, and all transportation services for full compliance with all Federal Motor Carrier Safety Administration (FMCSA) Regulations.  Essentially, such a 24/7 […]

Start-up “ALL ABOUT YOU” Part 2 of 5 in a series of thoughts related to starting a transportation business The Business Plan for “Starting” a logistics operation consist of a narrative and several financial worksheets.  The “Narrative” template is the body of the business plan, and serves as the Global Positioning System (GPS) because this […]

7 Required Elements of an Enforceable Contract By: Bernadette A. Safrath A contract is a legal document between two parties. In order to be enforceable, the contract must contain seven elements. While more specific requirements may differ by state, the basics of contract law require that these seven elements exist regardless of where the contract […]

Mexican and Canadian Freight The Federal Motor Carrier Safety Administration (FMCSA) issues “Property Broker License” to cover both interstate and foreign commerce, which includes imported and exported cargo, via steamship, Mexican and Canadian freight.  This authority covers freight once it comes across the border and is transloaded at United States (US) ports, and processed through […]

Info and Fleet Owner – Technology – Autonomous Vehicles Neil Abt | Jul 17, 2019 https://www.fleetowner.com/autonomous-vehicles/peloton-outlines-plan-platoons-driverless-following-truck Six fleets are using PlatoonPro in real-world conditions, Peloton said. Peloton outlines plan for platoons with driverless following truck As company works on Level 4 technology for the future, CEO Switkes says fleets reporting strong fuel efficiency gains with […]

ATA: Turnover rates in first quarter present “muddled picture” of driver market The annualized turnover rate at large truckload fleets rose 5 percentage points in the year’s first quarter from the quarter prior, according to the American Trucking Associations, while the turnover rate at smaller truckload fleets fell four percentage points –   the first dip […]

Marketing…Marketing…Marketing – some pointers on data privacy A couple of days ago we were shocked to receive notice of a pending lawsuit against TFS for sending out an unsolicited text message to a transport company promoting some of our services on www.TFSMall.com.  The number we had texted information too was listed as a business number […]

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