Who Must Submit to Reasonable Suspicion Testing in Commercial Vehicle Operation?

The Transportation Employee Testing Act – passed in 1991 and in full effect 1995 – specifies that employers in the transportation industry are responsible for maintaining alcohol- and drug-free workplaces. In other words, any driver-employee who is or could be called upon to operate a commercial vehicle cannot do so while under the influence of alcohol or drugs.

With this responsibility placed on employers as well as drivers (who by definition hold commercial drivers’ licenses, or CDLs), it is essential that supervisors of drivers be responsible for policing behaviors on a day-to-day basis. That is true in many respects: defamatory, sexually harassing, and discriminatory behaviors are regulated as well with specific means for prevention, enforcement, and redress. Safety around large commercial vehicles that occupy and move in the public space should similarly be managed carefully, effectively, and consistently. Supervisors, then, receive what is termed “reasonable suspicion training”.

Supervisor training to identify possible on-the-job drug and alcohol use

All of which puts the employer into a challenging, subjective situation with regard to “reasonable suspicion.” Some erratic behaviors lead to obvious suspicion, but how does a supervisor make the determination? And can the mere task of sending an employee for drug and alcohol testing be a tool of harassment?

The law as regulated by the Federal Motor Carrier Safety Administration (FMCSA) protects against subjectivity. It stipulates three scenarios be considered:

When a trained supervisor observes adverse behaviors.
Testing is NOT warranted when an untrained person reports it. This prevents the law from being misused, perhaps as a means of undercutting an individual and otherwise causing nuisance testing. Testing should be applied only when there is reasonable cause to do so.
When a trained supervisor who is not the employer observes suspicious behavior: In many situations in the freight industry, interaction occurs between individuals of different employers (often at warehouses and other depot settings). When a trained supervisor at Company A sees suspicious behaviors by someone who works for Company B, that supervisor is empowered and encouraged to contact Company B to suggest testing; that supervisor is also encouraged to contact law enforcement if the situation calls for it.
What constitutes actual suspicious behavior? Supervisor training manuals typically describe, in detail, such things as behavior, appearance, speech, and body odors as initial clues.

Rules on alcohol vary slightly

Final note: These rules and guides primarily apply to the use of controlled substances. Because alcohol is generally a legal substance an individual undergoing withdrawal symptoms, a “hangover,” is not a triggering behavior for testing. Only its use or presence in sufficient concentrations while operating a commercial vehicle is considered a violation of the law.

Three Reasons to Seriously Consider Unsecured Business Lines of Credit

Unsecured business lines of credit from a reputable source can drastically improve your life. In addition, because unsecured business lines of credit can be so easy to get, there is no reason why modern consumers shouldn’t seriously consider the benefits of the option. In fact, there are at least three good reasons why savvy business owners should look more closely at getting the money they need through unsecured funding.

Reason #1: Unsecured Business Lines of Credit Require No Collateral

Perhaps the best part about using unsecured business lines of credit to fund your dreams is that you are not required to put up any collateral to get the money you need. Keep all your prized possessions and valuable assets in your name by opting for unsecured business loans instead of going with something riskier.

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Benefits and Risks Associated with Sector Funds

One of the many ways to invest in mutual funds is to park your money in a particular sector of the economy. This explains the name of the fund, which offers a chance of portfolio diversification. Another way of defining sector funds would be a stock, exchange traded or closed-ended fund that invests only in a specific sector or industry of the economy. So, while investing in a sector as per your knowledge can turn out to be fruitful, but at the same time an investor of sector funds should also stay cautious on the greater degree of risk it carries in case that sector witnesses a downturn.

Further, it would be wise to review the many benefits and downsides of investing in sector funds, before you put your hard earned money at stake.

Benefits of Investing in Sector Funds

It offers investor a chance to invest in a completely different sector, giving them the exposure that they lack.
When investor senses that a particular sector might do well and hence the performance of stocks will go up, they can consider a sector fund of for a particular individual stock.
If a company acquires new technology, the investor can instead of investing in the stock of the company can go with investing funds towards the technology sector that holds the company’s stock.
This gives an opportunity to profit from favorable fund in the sector that too while avoiding company specific risks.
It allows diversification between different sectors of the economy, thus we have assortment sectoral funds across multiple industries, which can acquire better returns than diversified equity funds.

Disadvantages and Risks of Investing in Sector Funds

As the fund is invested in only in a specific sector, the risk of getting affected is high.
Sector funds each year are both amongst the best and worst performers. Also, each year the position of the best performing sector funds change drastically. This clearly indicates high volatility that these funds are subject to.
Different sectors perform differently at various points in a given economic cycle. While some perform well in a bull market, others can do well even when the markets are not performing so well. This makes their past performance a non-reliable indicator.
Entering the market at the wrong time can again turn out to be riskier. Especially sub sector funds are trickier as compared to broader sectors, because of the narrow focus they have, which makes them prone to a risk in a given economic cycle.

Who should invest?

Those who work in that particular sector and have specialized knowledge of how it works. Though then that person is risking his own funds, as well as his salary in case the performances happen to be otherwise.
This fund is focused for those who aim aggressive growth, so you must invest in sector funds only if you feel you can bear the risk.
Investors seeking higher returns over time.