Safety has improved in the trucking industry over the last 20 years. While there are more trucks on the road and more miles traveled, there are fewer incidents with truck-involved motor vehicle accidents compared to two decades ago. Even with these improvements, federal regulations - especially the Federal Motor Carrier Safety Administration's CSA - continue to put pressure on trucking companies as it relates to public safety risks involved with motor vehicle accidents.
Beyond truck-involved accidents, drivers and other employees are frequently exposed to various hazards that drive workers' compensation costs. In fact, workers' compensation costs are among the highest expenses for trucking companies, approaching 10% of payroll.
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