Transportation risk-management provider TrueNorth Companies has partnered with Haul, a fleet risk management platform, to provide final-mile businesses with solutions beyond insurance, such as visibility, tracking, and compliance.
These companies noted that last-mile-focused fleets face challenges, including:
- Tracking and reporting: A method to track and report contract carrier vehicles, leading to operational delays and duplicative costs.
- Visibility and verification: Lack of visibility and verification creates risk management issues for 3PLs in the white glove threshold delivery space.
- Insurance limitations: Insurance companies restrict coverage to scheduled auto policies, leading to increased claims denials and rising insurance costs.
“As a leader in risk management, TrueNorth is thrilled to join forces with Haul,” said Peter Berg, TrueNorth’s final-mile practice leader. “This collaboration enables us to provide comprehensive compliance services to our final-mile partners, revolutionizing industry solutions beyond insurance.”
See also: How carriers can best manage insurance costs and risks in 2024
As a result of this partnership, TrueNorth can provide FMCSA/DOT-managed compliance services to contract carriers, monitor compliance in real-time, and deploy OCR technology for vehicle reporting and tracking.
“At Haul, our mission is to simplify fleet risk management,” said CEO Timothy J. Henry. “Our partnership with TrueNorth aligns perfectly with this goal. Together, we’re excited to introduce end-to-end compliance, safety, and risk solutions, shaping the future of the final-mile industry.”
