BENGAL TRANSPORT

Below is a free "Litigation Checklist" from LMTA members Perkins & Associates. Their team wanted to share this information, providing a litigation checklist that may help your company to keep track of what should be done along the way in the unfortunate event of a suit against your company. 

While we hope your team never has to use this resource, we encourage you to review it and keep it on file.

DOWNLOAD THE FREE CHECKLIST

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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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.

TAKE SURVEY

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:

• Part A (CDL, medical certificates, clearinghouse, ELD/logbook violations , speeding/moving violations, required documents like proof of annual inspection)
• Part B (mechanical violations, such as cargo securement, brake adjustment, tire violations, etc.)
• Weight and Dimension Laws (Louisiana State Law only)
• General HazMat (placarding, marking, labeling, shipping papers)
• Cargo Tank Inspections (test date markings, rear end protection, required marking)
• Other Bulk HazMat (IBCs, portable tanks, chlorine service)
• Compliance Related Topics (Driver Qualification Files, Vehicle Maintenance Files, DOT Drug/Alcohol Testing , Clearinghouse, logbook record-keeping, etc.)
• Mock Level 1 inspections for anyone who wants to see and question the LSP’s inspection process. 

Sgt. Brady Johnson

brady.johnson@la.gov

Louisiana State Police

Compliance Review Division 

CVE Training Coordinator 

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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.