Hurricane season heats up – responding to a big one
Believe it or not, hurricane season is well underway, which means it’s time to keep a close eye on the weather. The Atlantic hurricane season started in June and continues through the end of November; this roughly six-month timeframe presents many opportunities for a storm to wreak havoc on economies and entire infrastructures of coastal communities large and small. Motor carriers and independent drivers operating […]
Ensuring a non-owned trailer becomes a non-issue
A truckload of goods will often exchange hands multiple times between its origin and destination. In fact, it’s pretty common for a trailer to be hauled by one driver between points A and B only to be handed off to another to continue the journey to point C and so on. For instance, a truckload originating in Jacksonville bound for Los Angeles may find itself […]
To keep or not to keep: What to consider when engine problems arise
Truckers often develop a sentimental attachment to their vehicles. Through long night hauls and truck stop naps, rush hour traffic and lonely stretches of road, a driver’s attachment to a truck can be compared to a cowboy’s love for his steed. That is why it can be extremely difficult for a driver to part ways with a years-old truck with engine problems. But truck owners […]
Analyzing the response to COVID-19 and the importance of contingency planning
Entering 2020, the possibility of a pandemic seemed unfathomable. If companies thought about such a crisis at all, it was a “what-if” scenario. But “what-if” quickly became “what now?” There’s no shame in a company admitting it was blindsided by COVID-19; in fact, most probably found themselves unprepared. However, as the pandemic approaches the six-month mark, trucking companies and logistics providers should reflect on their […]
The identity crisis of a non-rated motor carrier
Motor carrier safety ratings are a big deal, and they should be. Safety has become the industry’s top concern as compensatory payments and increased insurance premiums stemming from accidents have increased annually. With that being said, it’s understandable for a shipper to preferably contract with the highest-rated carriers. Safety ratings, however, don’t often paint an accurate picture of the current performance of a company. Worse, […]
In the market for a used truck or trailer?
Those in the market to buy their own truck or trailer often face a binary choice – new or used. It’s a question as old as the highways itself and one that permeates the minds of forward-thinking truckers. Purchasing a truck fresh off the assembly line has its perks but can be expensive. On the other hand, used trucks lack certain elements of performance and […]
Albrecht joins Reliance Partners as CFO and CRO
Reliance Partners, the Chattanooga-based insurance agency serving the commercial transportation and trucking industries, announced Monday that Thom Albrecht has joined the company as chief financial officer and chief revenue officer. Prior to joining Reliance Partners, Albrecht was a transportation equities analyst and investment banker for nearly 30 years at several banks, including BB&T and Stephens. In October 2017, he joined Celadon Group to help Paul […]
Prioritize mitigating credit risk, especially during economic uncertainty
Freight brokers and commercial fleets process hundreds if not thousands of shipments daily. In an industry characterized by a huge amount of transactions, risk must consistently be weighed against reward. While most transportation companies diligently assess the profitability of each load before inking the deal, even the most thorough risk management practices cannot mitigate each and every risk. Many companies fall victim to the ever-present […]
Reliance Partners Named on 2020 FreightTech 100 List.
FreightWaves, the industry-leading provider of 24/7 news, data and analytics for the global freight and logistics markets, announced Reliance Partners as one of the winners of the 2020 FreightTech 100 Awards.
Reliance Partners, Proud Sponsor of the FreightTech Innovation Challenge
Chattanooga, Tenn., March 28, 2019 Reliance Partners is proud to a be an esteemed sponsor of the FreightTech Innovation Challenge, along with FreightWaves, Co.Lab and US Xpress. It is set to be a driving force of youth and innovation in the logistics industry, attracting young and diverse talent from the nation’s top schools to innovate on some of the most challenging industry issues. The FreightTech […]
