These tips coming from the US Department of Transportation.
Reference: Part 387 Minimum levels of financial responsibility for motor carriers
Overview: The training module is designed to educate the executive staff of motor carrier companies on the FMCSA regulation on the minimum levels of necessary financial responsibility
Purpose: The purpose of these regulations is to create incentives for motor carriers to maintain and operate their vehicles in a safe manner and to maintain an appropriate level of financial responsibility.
Applicability:
Motor carriers operating motor vehicles transporting hazardous materials, hazardous substances or hazardous wastes. For-hire motor carriers operating motor vehicles transporting property in interstate or foreign commerce. For-Hire motor carriers transporting passengers in interstate or foreign commerce. Private motor carriers domiciled in Mexico transporting property in interstate or foreign commerce. (more…)