Regulatory Compliance and Driving Legally

As the owner of a small commercial trucking company, you have a number of important responsibilities, not only to your own corporate interests but to public safety, as well. When you are hiring drivers, you must ensure that you choose candidates who are qualified for the demands of the position and whose backgrounds do not offer any compelling reason why they should not be employed. Beyond this, you must ensure that your fleet is properly maintained and that the vehicles and their uses are in compliance with regulatory requirements.

The failure to choose drivers who will observe the relevant traffic laws, reporting, or other necessary functions can result in costly fines, penalties, and litigation expenses which could seriously hinder your operation’s success or bankrupt it altogether. Factoring trucking can help you keep the resources on-hand to deal with unexpected costs. Contact the freight factoring professionals of TBS Factoring Service, L.L.C., at 800-207-7661.

Sources of Potential Challenges

When a driver is out hauling cargo, all that you can do is depend upon them to apply the training and knowledge that they have received and to follow traffic laws. Unfortunately, there may be times when an employee may intentionally or accidentally fail to do so and you may be left to cope with the aftermath. Some sources of potential financial challenges include:

• Speeding tickets
• Citations for parking or moving violations
• Litigation expenses associated with truck accidents
• Fines for violation of hours-of-service regulations
• Fines for violation of weight restricted bridges and thoroughfares
• Fines for load weight violations

Contact Us

Our business is helping your business stay on the road, even when dealing with unforeseen circumstances. Contact the freight factoring team of TBS Factoring Service, L.L.C. today at 800-207-7661 for more information on what we can do for you.