In 2017, 4,761 people died in crashes involving large trucks on North Carolina roadways and others throughout the country. That was a 9% increase in large truck fatalities in a year when traffic fatalities overall dropped by 2%. The increase in crashes may be caused...
Month: May 2019
Why trucking businesses sometimes don’t sell
Thanks to the thriving merger-and-acquisition environment, trucking owners in North Carolina may receive inquiries from prospective buyers even if they're not actually considering selling. For times when the owner of a trucking business does want to sell, it's...
Chris Soules settles wrongful death suit for $2.5 million
North Carolina reality TV fans may be interested to learn that former "The Bachelor" star Chris Soules has settled a wrongful death suit with the family of a man he struck and killed with his pickup truck in 2017. He has agreed to pay the victim's relatives $2.5...
NDA an essential part of selling a business
Confidentiality is among the most important commodities when it comes to selling a North Carolina business. According to some analysts, businesses that are not known as for sale are worth more than those that are. Confidentiality is also important in another sense....
How to go about buying a business
Each year, roughly 500,000 companies in North Carolina and throughout the country obtain new owners. Buying an existing company may be better than starting a new one for a number of reasons. For example, the brand is already known and has a track record of success....
Truck crash deaths at their highest in 29 years, says NHTSA
From 2016 to 2017, the number of car crash deaths in North Carolina and across the US went down 2% with 2017 seeing a total of 37,133 deaths. The National Highway Traffic Safety Administration has made preliminary estimates that show how the decline is continuing...
Buying a business may be better than starting one
Those who are thinking about being a business owner in North Carolina may choose to start a company from scratch. In some cases, it may be best to buy a company that already has a track record of success. Buying a company that is already profitable means the new owner...
As truck crash numbers rise, some companies turn to safety tech
Truckers in North Carolina may already know that there are more and more crashes involving cars and trucks than in previous years. Florida, for example, has seen a jump from 23,515 such accidents in 2014 to 32,513 in 2018. The Florida DoT has said that speeding is the...
Truck accidents can occur even on bypasses
Tired or inattentive truck drivers can cause hazards on roads throughout North Carolina and the rest of the country. This may be true even on highways that are designed to keep truckers off main roads as much as possible. In North Dakota, the Highway 23 bypass was...
What is the Fair Debt Collection Practices Act?
This federal law applies to debt collection agents, attorneys or companies pursuing payment of debts on behalf of the third parties that issued the original loans. The FDCPA grants rights to consumers in North Carolina that protect them from harassment, false...