• Beyond Insurance: How 831B Captives Benefit Trucking Companies, with Van Carlson
    2024/10/22

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    Mastering 831B Tax Code: Risk Management and Financial Strategies for Trucking Firms

    In this insightful episode of the Trucking Risk and Insurance Podcast, hosts Chris and John engage with Van Carlson from SRA 831b.com to explore how trucking companies and other businesses can leverage the 831B tax code to manage risk and enhance profitability.

    The discussion covers the concept and benefits of 831B insurance plans, the use of pre-tax dollars for risk funding, and practical applications for both large and small businesses.

    Van shares his journey from a property casualty agent to an 831B expert, illustrating the code's role in business resilience and compliance. The episode also dives into the broader context of captive insurance programs, the financial impacts, and geographical considerations, providing real-world examples and strategic insights for optimizing cash flow and safeguarding operations.

    Whether you own a trucking firm, an auto dealership, or a construction business, this episode will equip you with valuable knowledge on navigating today’s challenging insurance landscape using the 831B tax code.

    Get in touch:
    Email: sra@831b.com

    Website: https://www.831b.com/

    Phone: 208-424-2249



    00:00 Introduction to Trucking Risk Management
    00:37 Understanding 831B Tax Code
    01:08 The Role of 831B in Risk Financing
    02:47 Business Interruption and Self-Insuring Risk
    04:55 Van Carlsen's Background and Expertise
    06:44 Practical Applications of 831B for Trucking Companies
    10:48 Managing Risk and Compliance
    14:23 Bipartisan Support for Small Business Safeguards
    14:42 Understanding Premium Methodology and Captives
    15:13 Funding and Regulatory Details of Insurance Programs
    16:45 International Expansion and Insurance Challenges
    17:21 State Operations and Business Interruption Insurance
    18:42 Risk Sharing and Client Collaboration
    19:25 Canadian Captive Programs and Provincial Differences
    21:02 Federal Recognition and Tax Implications
    25:28 Ideal Clients and Risk Management Strategies
    27:38 Final Thoughts and Contact Information



    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

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    30 分
  • Inside Talaria: Transporting Cannabis and Cash with Ari Raptis
    2024/09/30

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    Transporting Cannabis and Cash: Insights from Ari | Trucking Risk and Insurance Podcast

    In this episode of the Trucking Risk and Insurance Podcast, Chris interviews Ari, the head of a vertically integrated transportation company specializing in the safe and efficient transportation of cannabis and cash across 28 states.

    They discuss the unique challenges of transporting these high-value commodities, the regulatory compliance across different states, and the robust security measures, such as using vehicles with GPS tracking and cameras and employing retired law enforcement officers.

    Ari also shares insights on the company’s growth plans, aspirations for international expansion, and commitment to green transportation solutions.


    00:00 Introduction to Cannabis and Money Transportation
    00:24 Meet Ari: The Man Behind the Company
    00:48 The Logistics of Cannabis Transportation
    02:23 Challenges in Cannabis and Money Transportation
    04:17 Safety Measures and Team Composition
    10:09 Green Initiatives and Future Plans
    21:27 Hiring and Employment Opportunities
    25:06 Conclusion and Final Thoughts

    Ari Raptis, CEO and founder of Talaria Transportation:
    Ari Raptis is a dynamic leader, successful entrepreneur, and the founder and CEO of three companies that provide logistics, supply chain and cash management solutions for highly regulated industries throughout the U.S.

    After identifying a lack of crucial infrastructure for the burgeoning cannabis industry, Raptis founded Talaria Transportation to revolutionize the logistics system for the ever-changing compliance demands of the alternative health industry. Talaria provides trusted, versatile, secure transportation of wholesale and B2B products for licensed retailers, cultivators, labs and brands.

    National Secure Transport (NST), is a full-suite cash management and logistics company that specializes in the secure, efficient movement of cash. The company provides customers with the latest fully integrated currency transport, cash-in-transit, cash vault, change orders, smart safe, financial institution depository and ATM services, and utilizes proprietary software to provide a seamless customer experience.

    Raptis’ direct-to-consumer platform, Melly Home Delivery, provides compliant, safe and reliable products delivered right to the door.

    Raptis was recognized as a Top 40 Under 40 Rising Star by Marijuana Venture when he was 29 years old, and has been dubbed the “Greek Transportation Tycoon of Cannabis,” in homage to his family’s Greek American heritage. He is actively engaged with lawmakers and industry stakeholders to educate and to develop best practices for emerging industries.

    About Talaria:
    Established in 2017, Talaria Transportation, LLC is a privately held company specializing in secure and trusted logistics for the legal cannabis industry. Talaria provides a critical infrastructure for the highly regulated industry and serves all states with legal programs. Providing optimum systems for every facet of the market, including product and lab testing transportation, Talaria is a reliable and trusted resource for the logistical needs of the legal cannabis industry. With a professional team of retired police officers and military veterans, the company is dedicated to delivering cannabis in a safe, secure, and compliant manner. For information, visit Talaria.com

    HOSTS:
    John Farquhar
    Summit Risk Solutions: summitrisksolutions.ca
    1 226 802-2762
    John@summitrisksolutions.ca


    Chris Harris
    Safety Dawg Inc: safetydawg.com
    Chris@SafetyDawg.com
    1 905 973 7056



    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get

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    27 分
  • Truck Driver Health: A New Competitive Advantage
    2024/09/26

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    In this episode, we explore the intricate correlation between mental and physical health, highlighting how fatigue, heat stress, financial trouble, and marital problems can adversely affect both.

    We discuss the unique challenges individuals face in diverse fields, including long haul, last mile, and field services, often called industrial athletes.

    How to reach our guests:
    Jeff Martin, VP of Global Sales Strategy, Lytx
    / jeff-martin-43239b198
    https://www.lytx.com/

    Dr. Mark Manera, founder and CEO, Offshift
    / truckingcompanywellnessprogram-truck-drive...
    https://offshift.ai/


    Your Hosts:
    John Farquhar
    Summit Risk Solutions: summitrisksolutions.ca
    1 226 802-2762
    John@summitrisksolutions.ca


    Chris Harris
    Safety Dawg Inc: safetydawg.com
    Chris@SafetyDawg.com
    1 905 973 7056



    00:00 Introduction to Mental and Physical Health Correlation
    00:07 Challenges Faced by Industrial Athletes
    00:15 Impairment Possibilities and Distractions
    00:27 Impact of Personal Issues on Mindset

    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

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    36 分
  • Heart Health on the Road: Jim Park's Story
    2024/09/13

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    Jim Park's Heart Attack: A Deep Dive into Truck Driver Health

    In this episode of the Trucking Risk and Insurance Podcast, award-winning trucking journalist and experienced truck driver Jim Park discusses his recent heart attack, the importance of recognizing symptoms, and how it relates to the health of truck drivers.

    Jim shares his personal journey, detailing the symptoms he experienced, the medical treatment he received, and his recovery process. The hosts emphasize the need for truck drivers to pay attention to their bodies and seek medical help when necessary.

    The episode aims to raise awareness about heart health and encourage drivers to adopt healthier lifestyles.

    To contact Jim:
    email: jrbcjim@gmail.com
    Linkedin: https://www.linkedin.com/in/truckinjim/
    The Facebook Story: https://www.facebook.com/jim.park3/posts/pfbid02NuRpekyBZM77h6LnqQ4CqHKPnkhoxgGMtATgrD65fTnsq3kqsN3vJPayuSqjs59gl

    Symptoms of a Heart Attack:
    https://www.mayoclinic.org/diseases-conditions/heart-attack/in-depth/heart-attack-symptoms/art-20047744


    00:00 Introduction to Jim Park
    01:09 Jim's Heart Attack Experience
    02:32 Recognizing Heart Attack Symptoms
    04:09 Hospital Visit and Recovery
    05:15 Post-Heart Attack Lifestyle Changes
    09:58 Advice for Truck Drivers
    15:16 The Reality of Truck Driver Health
    18:16 The Risks and Realities of Truck Driving
    18:47 A Personal Story from Northern Ontario
    19:38 The Importance of Listening to Your Body
    20:13 The Consequences of Ignoring Symptoms
    21:40 Jim's Experience with a Heart Attack
    23:44 The Aftermath and Recovery
    28:17 The Pressure on Drivers to Hide Health Issues
    31:00 Jim's Insights on Trucking Technology
    32:54 Where to Follow Jim Park
    35:25 Conclusion and Final Thoughts

    John Farquhar
    Summit Risk Solutions: summitrisksolutions.ca
    1 226 802-2762
    John@summitrisksolutions.ca


    Chris Harris
    Safety Dawg Inc: safetydawg.com
    Chris@SafetyDawg.com
    1 905 973 7056



    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

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    36 分
  • Mastering Reefer Logistics and Overcoming Challenges, with Colby Varley of ATS
    2024/08/30

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    Navigating the Reefer Transportation Industry during a Freight Recession with Colby Varley

    In this episode of the Trucking Risk and Insurance Podcast, hosts delve into the complexities of the reefer logistics world with expert Colby Varley from Advanced Transportation Services.

    Colby discusses the current freight recession, strategies for obtaining top dollar in volatile refrigerated cargo, and the importance of specialization in the industry. The conversation also covers how technology and standard operating procedures can prevent and manage issues, thus ensuring high-quality service, premium rates, and long-term customer trust.

    Colby also emphasizes the value of relationships and communication in the trucking industry, providing insights for carriers looking to improve their operations or enter the reefer market.

    LinkedIn https://www.linkedin.com/in/colby-varley-5ba57a69/
    www.advancedtransportationservices.com
    Instagram Colby_varley_ats
    Office 831-757-4244
    Email – colby@atssalinas.com


    Your Hosts:

    John Farquhar
    Summit Risk Solutions: summitrisksolutions.ca
    1 226 802-2762
    John@summitrisksolutions.ca


    Chris Harris
    Safety Dawg Inc: safetydawg.com
    Chris@SafetyDawg.com
    1 905 973 7056


    00:00 Introduction to the Podcast
    00:49 Meet Colby Varley: Expert in Reefer Logistics
    01:49 Navigating the Freight Recession
    02:35 The Importance of Specialization in Reefer Transport
    05:12 Technology's Role in Reefer Logistics
    06:23 Handling Rejected Loads and Claims
    08:24 Ensuring Proper Reefer Settings
    16:16 Building Strong Relationships with Carriers
    20:43 The Value of Communication and Transparency
    26:20 Advice for New Entrants in Reefer Transport
    28:22 The Importance of Mentorship
    30:51 Conclusion and Final Thoughts



    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

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    32 分
  • Empowering Women in Transportation: Insights from Stephanie Shrum
    2024/08/23

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    Empowering Women in Trucking: Insights from Stephanie Shrum, Canadian Apprenticeship Forum
    In this Trucking Risk and Insurance Podcast episode, hosts welcome Stephanie Shrum, a program manager from the Canadian Apprenticeship Forum (CAF).

    The discussion centers around strategies to attract and retain more women in the transportation and trucking industry, applicable on both sides of the Canada-U.S. border. Stephanie highlights various resources, such as the Office to Advance Women Apprentices in Canada, and emphasizes the importance of creating a welcoming workplace culture.

    Key topics include recruiting through employment agencies, connecting with educational institutions, conducting culture audits, and utilizing Diversity, Equity, and Inclusion (DEI) training. The conversation also touches upon the proposal to make truck driving an apprenticeable trade, aiming to elevate training standards and ensure safety in the industry.

    Our Guest:
    Stehhanie Shrum, Program Manager
    stephanie@caf-fca.org

    Email for more information on the Canadian Apprenticeship Forum’s Mentor Development Program and Leadership Development Program, along with Recruiting and Retention information.

    Resources:
    Canadian Apprenticeship Forum website: www.caf-fca.org

    Link to Mentor Development Program and Leadership Development Program: https://leadership.caf-fca.org/

    Link to Recruiting and Retention Best Practices guide: https://caf-fca.org/research_reports/best-practices-for-recruitment-and-retention-guide/ (you’ll notice that it says ‘login/sign up’ in order to access it. It is a free, publicly available resource and people just need to set up a very brief profile to access the guide. It doesn’t cost anything to set up the profile, it’s just for us to see how far the guide is reaching)


    00:00 Introduction to Women in Trucking
    00:09 Meet Stephanie Shrum from the Canadian Apprenticeship Forum
    01:46 Challenges and Solutions for Women in Trucking
    04:39 Creating a Welcoming Workplace Culture
    09:24 The Importance of Safety and Risk Aversion
    10:51 Recruitment Strategies and Family-Friendly Policies
    20:02 The Push for Truck Driving as a Formal Trade
    29:28 Conclusion and Final Thoughts

    John Farquhar
    Summit Risk Solutions: summitrisksolutions.ca
    1 226 802-2762
    John@summitrisksolutions.ca


    Chris Harris
    Safety Dawg Inc: safetydawg.com
    Chris@SafetyDawg.com
    1 905 973 7056



    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

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    31 分
  • Trucking Risk and Insurance: Industry Insights from Marsh
    2024/08/16

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    Navigating Nuclear Verdicts and Insurance in Transportation

    In this episode of the Trekking Risk and Insurance Podcast, Marsh's Craig Dancer and Rick Reinoehl discuss the significant challenges and risks currently facing the transportation industry in the United States.

    They delve into the impact of nuclear verdicts and settlements on the insurance market, the rising costs and deductibles for motor carriers, and the efforts some companies are making to mitigate these issues through technology such as cameras and telematics.

    They also highlight the importance of safety technologies and effective driver training in reducing risks and improving insurance outcomes. The episode concludes with a discussion on the Marsh Road Transport Facility, a new initiative to transform how risk is managed and underwritten in the industry.

    https://www.marsh.com/en/industries/transportation.html

    Craig Dancer, National Transportation Practice Leader at Marsh
    Craig.Dancer@marsh.com
    Rick Reinoehl, National Transportation Practice Leader at Marsh
    Rick.Reinoehl@marsh.com


    00:00 Introduction to the Podcast
    00:24 Meet the Guests: Craig and Rick
    01:10 Biggest Risks in the Transportation Industry
    01:26 Nuclear Verdicts and Settlements
    05:16 Impact on Commercial Auto Insurance
    11:03 Innovative Risk Management Strategies
    27:07 Marsh Road Transport Facility
    33:13 Conclusion and Contact Information

    John Farquhar
    Summit Risk Solutions: summitrisksolutions.ca
    1 226 802-2762
    John@summitrisksolutions.ca


    Chris Harris
    Safety Dawg Inc: safetydawg.com
    Chris@SafetyDawg.com
    1 905 973 7056



    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

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    34 分
  • Safeguarding Fuel Transactions: Meghann Erhart on Combatting Fraud in Trucking
    2024/08/09

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    Eliminating Fuel Fraud: Modernizing Payments in Trucking with Meghann Earhart
    In this episode of the Trucking Risk and Insurance Podcast, hosts John and Chris talk with Meghann Earhart, Executive Vice President at Relay Payments, about the challenges of fraud in the trucking industry. Meghann discusses how Relay Payments is transforming the trucking and logistics industries by introducing secure digital payment solutions. She explains how their technology, including geo-fencing and unique pump codes, helps combat fraud and streamline transactions for truck drivers and carriers. The conversation covers fuel fraud's impact, drivers' experience, and why securing transactions is crucial for operational efficiency. Tune in to learn how Relay Payments makes the trucking industry safer and more efficient.

    Contact Meghann Erhart:
    relaypayments.com
    (877) 735-2910 - for customer service
    help@relaypayments.com

    Your Hosts:
    John Farquhar
    Summit Risk Solutions: summitrisksolutions.ca
    1 226 802-2762
    John@summitrisksolutions.ca


    Chris Harris
    Safety Dawg Inc: safetydawg.com
    Chris@SafetyDawg.com
    1 905 973 7056


    00:00 Introduction to Fraud in Trucking
    00:19 Meet Megan Earhart from Relay Payments
    00:37 Relay Payments: Modernizing Trucking Payments
    01:25 Tackling Fraud in the Trucking Industry
    02:52 Relay's Fuel Payment Program
    04:35 Real-Life Fraud Stories
    07:52 How Relay Prevents Fuel Fraud
    19:45 Relay's Customer Service and Expansion
    21:15 Conclusion and Contact Information

    Keeping it Safety Dawg Simple!
    #trucksafety #truckinsurance #truckpodcast

    Do you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

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    26 分