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Apr 26, 2009

Trucking Incentives * USA - Federal proposal offers, to increase truck safety

Pasadena,CAL,USA -The Pasadena Star News, by Dan Abendschein -24 April 2009: -- A recently introduced federal bill would offer tax incentives for truckers to install GPS and other high-tech devices that could prevent accidents like the one that killed a father and daughter earlier this month, the bill's sponsor said... Rep. David Dreier, R-Glendora, said the big rig crash in La Canada Flintridge on April 1 inspired the legislation... The bill would provide up to a $3,500-per-truck tax deduction - up to $350,000 a year - for trucking companies to purchase updatable GPS equipment that reflects new road closures and rule changes, automated systems that shut down trucks with overloaded brake system, and warning systems that alert truckers when their vehicles leave the lanes... Companies also could deduct the cost of buying systems that slow down trucks driving too fast around curves - like the winding Angeles Crest Highway, also known as State Route 2... Clayton Boyce, spokesman of the American Trucking Associations, said trucking companies would support Dreier's bill, because it does not force companies to incur new expenses and offers the chance of tax breaks... (Photo from: goodtruck.info)


* Trucking Insurance Premiums

USA -The Best International News, by Steve Turner -25 April 2009: -- All truck drivers and fleet owners must purchase Trucking Insurance coverage to be legal in the United States. Since there are a number of factors that are used to calculate the premium they can realize savings by understanding how these factors are considered... The insurance provider will evaluate the road infrastructure and the seasonal weather in the region where the truck is to be utilized. Premiums will be based upon how these conditions will affect the truck... Cargo insurance is an option to add to your trucking insurance policy. The price of this option will depend on the type of cargo being transported such as hazardous, time sensitive, and value... The DOT or Department of Transportation requires trucks to pass a safety inspection to drive legally in the United States. Insurance providers will evaluate the DOT safety records when computing the rate being offered for coverage... The safer the truck and driver are the less risk they are to the insurance provider. Safety features such as warning stickers should be implemented. Drivers should enroll in safety programs offered through their company or state departments.

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