In the coming years, the roads in North Carolina and throughout the U.S. could be more populated with self-driving vehicles for personal and commercial use. The American Transportation Research Institute recently released a report discussing changes that might occur...
Year: 2016
Advice for those thinking of buying a small business
In many ways, buying an established and proven small business is better and easier than trying to launch a brand new startup. Budding entrepreneurs who are thinking about purchasing and operating an existing enterprise may take advantage of the fact that many baby...
Brake violations again top reason for out-of-service orders
Following its annual three-day inspection blitz geared toward improving roadway safety in North Carolina and elsewhere around North America, the Commercial Vehicle Safety Alliance reported that brake violations were the leading cause of vehicle out-of-service orders...
Marijuana remains off limits for truckers following election
Twenty-eight states now allow the use of medical marijuana, and approximately 80 million Americans can legally enjoy recreational use of the drug following the Nov. 8 vote, according to the Associated Press. However, the Department of Transportation has indicated that...
Private equity acquisitions
Selling a North Carolina business to a private equity group is a two-step process that allows owners to maximize their earning potential. First, the group will buy a majority stake in the business while allowing the owner to sit on the board or otherwise have a say in...
Lawsuit against FMCSA’s ELD mandate fails
North Carolina motorists who have heard about accidents caused by overworked and sleep-deprived truck drivers might be interested in learning that most commercial trucks will be mandated to have electronic logging devices installed in them. A challenge that was made...
FMCSA grants exemption to hours-of-service rules
The amount of time that professional truck drivers in North Carolina and around the country can spend behind the wheel before taking mandatory breaks is tightly controlled by the Federal Motor Carrier Safety Administration. However, the federal safety agency sometimes...
Things to do before selling a business
Even the most successful entrepreneurs in North Carolina and around the country sometimes choose to sell their businesses. Some commercial ventures are sold because they have failed to live up to expectations, and some companies are disposed of because their owners...
Racial bias in wrongful death cases
North Carolina residents may be familiar with research indicating that the criminal justice system could be rife with racial bias. However, they may not know that women and minorities can also face significant obstacles when pursuing civil remedies following the death...
Tips for those who are selling their business
Starting and running a business in North Carolina has its unique challenges. However, selling it can have its own set of unique circumstances, and one that requires a lot of forethought and planning. In the first place, prior to listing it for sale, it is a good idea...