How DOT compliance affects mergers & acquisitions
Trucksafe's president Brandon Wiseman recently joined the Tenney Group's In The Hot Seat podcast to discuss how DOT compliance can impact transportation-related mergers & acquistions.
"Not enough private equity groups or carriers, in my experience, are even looking as heavily at DOT compliance as they should be. We encounter so many situations where we are coming in after the fact. A carrier has acquired another motor carrier and now they're coming to us saying ‘we've got all these problems,’ and my advice to them is always ‘hey you should have gotten ahead of this in the due diligence process. Why didn't we look at these things? You have now inherited these problems.”
Catch the full replay below!
About Trucksafe Consulting, LLC: Trucksafe Consulting is a full-service DOT regulatory compliance consulting and training service. We help carriers develop, implement, and improve their safety programs, through personalized services, industry-leading training, and a library of educational content. Trucksafe also hosts a monthly live show on its various social media channels called Trucksafe LIVE! to discuss hot-button issues impacting highway transportation. Trucksafe is owned and operated by Brandon Wiseman and Jerad Childress, transportation attorneys who have assisted some of the nation’s leading fleets to develop and maintain cutting-edge safety programs. You can learn more about Trucksafe online at www.trucksafe.com and by following Trucksafe on LinkedIn, Facebook, Twitter, and YouTube.