For those of you celebrating the Christmas holiday, we hope Santa brought you everything you were asking for. Christmas in the middle of the week really throws everything off and the general consensus from those we have spoken to is that it becomes a two week lull. Hopefully the New Year will put us all back on track. It was a fairly quiet month this December as the country, expect for those dealing with all of the weather issues throughout the country, settled in for the winter break. We hope you fared well if you are located in one of those hard hit areas.
There is great interest in our webinar training sessions. So in January we will again offer our CAB Basics session, which is an hour long and will include an overview of our new features as well as a refresher of the features and navigation of the CAB website. We will also offer a focus session in December and this month the subject will be using the CAB Report to understand the area of operations of a motor carrier. We would like your feedback on topics for future focus sessions or any other comments on our training options. Please email us by clicking here with the topics you would like us to cover or other comments. To register for this month’s sessions click on the following:
Jan. 14th 3:00 EST – CAB Basic: https://www1.gotomeeting.com/register/864655784
Jan. 15th 3:00 EST – CAB Focus: https://www1.gotomeeting.com/register/882729089
OPERATION QUICK STRIKE – The FMCSA announced that 52 companies and 340 vehicles were ordered out of services following Operation Quick Strike, an eight-month intensified effort to shut down unsafe motorcoach companies. The enforcement campaign began in April and concluded in November. This was part of a 3 phrase program to raise safety standards. The agency reported that:
• 214 top-to-bottom compliance investigations were completed (More than 30 companies had since transitioned to intrastate-only service, which FMCSA does not regulate, or had gone out of business, the release noted. Be careful because you still insure that exposure);
• 20 motorcoach companies were immediately shut down for violations and posing an imminent hazard to the public;
• 32 companies were issued “Unsatisfactory” safety ratings and shut down after failing to remedy critical and acute violations;
• 28 companies took corrective action to fix the safety violations investigators uncovered to avoid being shut down; and
• 340 vehicles, of the more than 1,300 vehicles that were inspected during the investigations, were put out of service for safety and maintenance violations.
BROKER BONDS – The increase to $75,000 for broker bonds has gone into effect and the FMCSA is moving quickly to address brokers with inadequate limits. We expect an increasing number of out of service orders this month for brokers not in compliance with the $75,000 requirement.
DRIVER TURNOVER RATES – The ATA reports that the annualized driver turnover rate at large truckload fleets dipped two percentage points to 97 percent in the third quarter of this year. Turnover at truckload fleets with less than $30 million in annual revenue dropped eight points to 74 percent, its lowest level since the first quarter of 2012. Turnover at less-than-truckload fleets jumped seven percentage points to 13 percent in the quarter – the highest level since the first quarter of this year.