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Solutions TO 4 CORE PROBLEMS ASSET LIGHT FLEETS FACE
from Asset Light Fleets
by TrueNorth
LEGAL & REGULATORY COMPLIANCE
Problem: Di culty maintaining a good IC agreement and/or staying compliant at the state and federal level.
TrueNorth Solution: TrueNorth’s Director of IC Risk platform helps enhance a motor’s carrier’s IC risk management strategies. Our compliance-management strategies support the ever-changing legal and regulatory environment around IC status in trucking, counsel on contract creation and maintenance, and more.
Problem: A motor carrier’s facilitated insurance o ering for ICs doesn’t create cohesion with their corporate insurance coverage, and doesn’t allow for ICs to comply with contractual requirements and receive maximum coverage. The result: potentially significant coverage gaps for ICs and unnecessary exposure for the motor carrier.
TrueNorth Solution: TrueNorth creates risk transfer strategies for motor carriers that support and scale with their business and maximize benefits and cost e ectiveness for ICs - all while ensuring cohesion with the motor carrier’s corporate insurance policies.
SAFETY & DRIVER CAPACITY
Problem: Struggling to create a culture of safety, attract and/or retain ICs, and/or ine ective communication, from recruitment to contract termination.
TrueNorth Solution: TrueNorth Solution: TrueNorth’s ecosystem of business insurance, business services and personal insurance for ICs helps expand a motor carrier’s capacity growth strategies. We craft a robust and curated IC communication strategy to deliver e ective messaging, while maintaining the arm’s length IC relationship. We can also help implement safety and compliance best practices, telematics data management, and knowledge transfer, like coaching.
TECHNOLOGY & ADMINISTRATION SOLUTIONS
Problem: Business processes are ine cient, slow and require a lot of manual administration, and/or driver data is constantly out of date.
TrueNorth Solution: TrueNorth’s OverDrive platform is a technology and administrative tool that allows for streamline integration to automate the administrative workflow of IC programs. OverDrive removes friction from the onboarding process and ongoing administration for both the ICs and motor carrier administrative sta .
OverDrive can eliminate up to 90% of the manual work typically involved in the administration of an IC ecosystem. And some clients see substantial savings as a result of identifying and reconciling historical data.
Client Story
OverDrive was able to provide tremendous relief for our IC onboarding team and ensure we were compliant during the enrollment and ongoing management of J.B. Hunt’s various IC insurance and non-insurance programs.”