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The Official Newsletter of Louisiana's Trucking Industry |
August 30, 2024 |
THIS WEEK |
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ASSOCIATION UPDATES
INDUSTRY UPDATES
MEMBER PROGRAMS - SAVE MONEY
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ASSOCIATION UPDATES |
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LMTA Office Closed Next Monday - Sept. 2 |
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In observance of Labor Day, our offices will be closed on Monday, September 2, 2024. We will resume normal business hours on Tuesday, September 3.
We hope those able to observe have a Happy Labor Day! To our truckers on the road, keeping American moving - we thank you! |
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ATRI 2024 Top Industry Issues Survey - Closes Sept. 27 |
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Help LMTA meet our research goal!
The LMTA invites all members, carrier and allied, to participate in the 2024 Top Industry Issues Survey headed by the American Transportation Research Institution (ATRI). To secure state-specific data, we need a wide base of regional participation!
Please take the survey yourself and send to any of your employees and/or truck drivers. Anyone who completes the survey will be put in a drawing to win a bottle of special reserve bottle of whiskey or scotch.
The American Transportation Research Institute (ATRI) is conducting its annual Top Industry Issues Survey to identify critical issues confronting our industry and develop strategies for addressing those issues now and in the future. Your opinion is vital to stakeholders who are working to ensure the long-term vitality of our industry.
Information for the drawing of the reserve bottle of whiskey or scotch will be collected from contact information received by completed survey responses.
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LMTA Office Address Change Reminder |
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A friendly reminder to all of members and contacts that the LMTA mailing address has changed from our Bennington Avenue location. Due to issues with the USPS mail, including checks, sent to to the Bennington Avenue location MAY NOT BE RECEIVED by our team. To prevent this, we encourage our members to update their records to reflect our new address (seen below).
Our new address is: 325 Florida Street Baton Rouge, LA 70801
Our team is working hard to update our address across all system, governmental and social platforms. If you find a discrepancy in our address, or have any questions regarding our address change - please contact out staff! |
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LMTA Co-Host Coalition Build with Truckers Against Trafficking in West Monroe |
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Truckers play a crucial role in the fight against human trafficking. During this weeks Coalition Build in West Monroe with Truckers Against Trafficking, an organization dedicated to empowering truckers to help stop this horrific crime, stakeholders and attendees alike learned more of what we each can do to end human trafficking.
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Upcoming Insurance Town Halls - Jefferson & St. Charles Parish |
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More lawmakers have announced their plans to host regional events focused on Louisiana’s insurance crisis. As we receive these requests from lawmakers, we will send these out. If you haven’t seen one for your area, we encourage you to reach out to your house or senate member and request one. If you need help finding your lawmakers, please contact Renee or use the find my legislator tool here. We hope you consider attending and sharing your story! Town Hall Meeting (Elmwood - Jefferson Parish) Hosted by: Sen. Cameron Henry (Senate President), Rep. Laurie Schlegel, Rep. Stephanie Hilferty, Rep. Polly Thomas and Insurance Commissioner Tim Temple Thursday, September 4 at 6:00 PM Council Chambers at the Joseph Yenni Building 1221 Elmwood Park Blvd | Elmwood, LA 70123 Insurance & Assessment Informational Forum (St. Charles Parish) Hosted by: Rep. Beth Billings, Insurance Commissioner Tim Temple and St. Charles Parish Assessor Tab Troxler Thursday, September 5 from 5:30 - 7:00 PM Council on Aging 282 Judge Edward Dufresne Parkway | Luling, LA 70070 |
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LMTA AT THE LEGISLATURE: Debating Interior Cameras in Trucks |
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LMTA OPPOSES INTERIOR CAMERA REGULATIONS SUGGESTED AT CAPITOL. Earlier this month at the capital, Executive Director Renee Amar answered lawmakers' questions on mandating interior truck cameras.
Truckers have enough regulation. Putting cameras inside their trucks while they are doing their jobs would only drive them away from the industry. Then prices would increase, and you would not get your goods on time. The legislature should be supporting truckers, not policing them.
WE NEED YOUR HELP! Four Legislative Committees are meeting monthly to hear expert testimony and look at the facts on why insurance is so expensive in Louisiana.
Meetings begin at 9 am:
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INDUSTRY UPDATES |
New Beneficial Ownership Information Reporting Rule Information |
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The new Beneficial Ownership Information (BOI) reporting requirements, mandated by the Corporate Transparency Act (CTA) in the United States, require certain entities to disclose information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN).
The purpose of these requirements is to combat money laundering, tax evasion, and other illicit activities by increasing transparency around who owns and controls companies. Beneficial owners are generally individuals who own or control at least 25% of an entity, or who exercise substantial control over it.
The rule applies to corporations, limited liability companies (LLCs), and other similar entities formed in or registered to do business in the U.S., with certain exemptions like large operating companies and regulated entities. Reports must include detailed information about the beneficial owners, such as names, addresses, and identification numbers.
Non-compliance with these requirements can lead to significant penalties, including fines and potential criminal charges. The new regulations are part of broader efforts to improve corporate transparency and curb illegal financial activities. |
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ATRI Seeks Motor Carrier and Freight Broker Input on Industry's Cargo Theft Crisis |
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As part of its priority research on the growing problem of cargo theft, the American Transportation Research Institute (ATRI) is asking motor carriers and brokers to participate in a new data collection initiative.
Cargo theft – which has evolved from thieves simply stealing cargo to sophisticated impersonation schemes – is becoming more common according to some industry stakeholders. In March 2024 ATRI’s Research Advisory Committee (RAC), citing FBI statistics that indicate $15 to $30 billion is lost to cargo theft annually, voted to prioritize research on the topic.
While the problem of cargo theft is growing, many industry stakeholders are hesitant to publicly provide cargo theft data. ATRI’s survey is designed to confidentially and anonymously collect accurate loss data as well as identify successful counter-strategies used by both motor carriers and freight brokers.
“Cargo theft is a pervasive issue that won’t go away without a collaborative effort,” said Ben Banks, Vice President of TCW. “With accurate cargo theft data, our industry will be able to quantify the issue, and work more effectively with law enforcement and commercial insurance to combat this costly problem.”
Motor carriers and brokers are encouraged to complete the survey by clicking here. |
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Current Emergency Declarations |
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Louisiana State Police Offer Safety and Compliance Services for Carriers and Drivers |
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Louisiana State Police (LSP) are offering safety and compliance services for carriers and professional drivers. This is a great opportunity for truckers and their drivers to understand what LSP are looking for on the highway. LSP will come to your facility and train your crew. Please note: this is not a class. Contact Brady Johnson at brady.johnson@la.gov if you would like LSP to perform one of these services for you. Services are provided across the state and are open to fleets of all sizes. No fleet is too big or too small!
Take advantage of the following services to improve safety and compliance:
Sgt. Brady Johnson Louisiana State Police Compliance Review Division CVE Training Coordinator |
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MEMBER PROGRAMS - Save Money |
LMTA Member Exclusive Affinity Programs
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The LMTA currently offers a variety of exclusive business partnerships and services to members of the association. Special member-only offers for our partners are listed below and can be found through your LMTA Info Hub under the "Resources" tab.
SAMBASAFETY Since 1998 SambaSafety has been mitigating driver risk for their clients. As part of our partnership with SambaSafety, LMTA members save $1,000 on system set-up fees!
APP EMBARK App Embark specializes in creating mobile apps for companies that allow employers to organize and communicate with their employees more efficiently and effectively. As part of our partnership with App Embark, LMTA members save $500 on the cost of the build fee!
LMTA INSURANCE SERVICES- MENGEL FINANCIAL GROUP Mengel Financial Group is committed to providing the best and most affordable Voluntary Employee Benefits based on employers’ specific needs. As part of our partnership with Mengel Financial Group, LMTA members are offered group benefits at no cost!
DDS TRANSPORTATION CONSULTING, LLC DDS Transportation Consulting, LLC helps maximize the efficiency of your Transportation Management Software System. As part of our partnership with DDS Transportation Consulting, LLC, you will receive a 10% discount on your consultation fees for the first 12 months after signing a contract! All members must state that you have an LMTA referral to receive this offer.
TO LEARN MORE OR SCHEDULE A DEMO, SELECT THE LINK BELOW IN YOUR MEMBER PORTAL.
Please note: Since these are exclusive member only offers, you will be directed to log into your Info Hub to view the details. |
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