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Major Carriers Install In-Cab Cameras

Posted by Genie Wood on Mon, Jun 01, 2015 @ 10:25 AM

With the Federal Motor Carrier Safety Administration voting to allow the use of in-cab cameras last December, several major carriers have begun installing the precautionary devices in their trucks. While this decision was initially met with outcries of privacy violations, companies maintain that the new practice is being made in an attempt to protect both themselves and drivers from fault in accidents and lawsuits. 

Despite the complaints, companies are already seeing the benefits of the new camera systems, especially when the new cameras are joining previously installed safety systems such as lane-departure warning, reactive cruise-control, and stability control. In Nashville, M&W Logistics CEO Mike McFarlin says his company has seen a 34 percent decrease in total accidents inside twelve months of installing the cameras. Additionally, occurrences of the two most severe types of accidents, Level 3 and Level 4, have been cut in half.

There are several different systems available which vary from one another is small ways, but the overall approach is the same. The systems usually have two lenses, one facing forward that captures everything happening outside of the cab, and a second lens positioned towards the driver and passenger inside the cab. The cameras are connected to an accelerometer that detects sudden movements. While the cameras film continuously, the video is only saved when the accelerometer detects an event such as hard braking or sudden deceleration. Most systems offer an override option that allows carriers to record and save up to 40 hours of footage.

TBS Factoring Service is excited to offer insight gained over its 50 years of experience in the industry, as well as assistance with a variety of services to help truckers and trucking companies, including insurance offerings and freight factoring. Call us today at (800) 207-7661 to learn more about what our team can do to help you.  

Tags: Cameras, TBS Factoring Service, trucking, Federal Motor Carrier Safety Administration

Cost of Diesel Falls Once Again

Posted by Genie Wood on Fri, Jan 11, 2013 @ 01:16 PM

The U.S. Department of Energy's Energy Information Administration reported that on average, diesel prices across the nation fell once again last week, with an average decrease of .07 cents per gallon. 

However, despite this overall decrease in price, some regions in the U.S., including the Central Atlantic region and the Gulf Coast, saw prices increase last week. 

Nationally, the cheapest diesel last week was found in the Rocky Mountain region, at $3.69 / gallon, while the most expensive was in New England, coming in at $4.15 / gallon. 

At TBS Factoring Service, we know that gas prices can have a substantial effect on the financial well-being of your business, but even when gas prices are low, you still might find yourself in a financial bind if you have clients who won't make timely payments on invoices. For the cash you need now, contact the freight factoring professionals at TBS Factoring Service today by calling (800) 207-7661. 

Tags: freight factoring, gas prices fall, trucking, news, diesel prices fall