Dec 19, 2021 10:00:00 AM
Safety Road Map: Tools to help you embrace compliance
Successful motor carriers who are subject to federal safety regulations embrace compliance as part of their overall risk management strategy. Failure to do so may result in unnecessary business interruptions (i.e., roadside inspections); preventable violations, which can damage a company’s reputation; and possibly monetary fines and penalties. Each of these outcomes has the potential to decrease revenue, increase expenses, or both, negatively impacting your bottom line and long-term sustainability. For those who are new to the regulations or are looking to self-assess their compliance efforts, Great West Casualty Company designed the Safety Road Map to help. In the “Regulatory Compliance” section are three tasks designed to aid your compliance efforts. If you have already completed these tasks, that’s great! Keep at it and look for other ways to improve. However, if you identify any gaps, consider these resources as you take corrective action.