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ECONOMY OIL INC

Trust Score

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Company CheckECONOMY OIL INC · DOT 119825

1234 N 14TH ST, OAKES, ND, 58474-2302

DOT# 119825 MC# 217846 Oakes, North Dakota 37 years

CARRIER

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Power Units

Drivers

Crashes (24-Month)

$1,000,000

Insurance

Satisfactory

Safety Rating

Inspections

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Contact Details

Phone(701) 742-2231

Fax(701) 742-3162

Email[email protected]

Physical Address1234 N 14TH ST, OAKES, ND, 58474-2302

Mailing Address1234 N 14TH ST, OAKES, ND, 58474-2302

Other Companies at This Address

Address1234 N 14TH ST, OAKES, ND 58474-2302

Others here

Distinct phones

Active

Company	DOT	Phone	Status
ECONOMY OIL INC this company	119825	(701) 742-2231	Active
US EXPRESS INC	1015265	—	Active

Note: sharing an address is legal and common (registered agents, virtual offices, business centers). A shared address never reduces the Trust Score.

Operating Authorities

Authority TypePRIVATE PROPERTY;AUTHORIZED FOR HIRE

Carrier OperationA - Interstate

DocketMC217846

CommonNot Active

ContractActive

BrokerNot Active

Operating37 years

Company Overview

ECONOMY OIL INC is a FMCSA-validated carrier based in Oakes, North Dakota. The company has been in operation for 37 years, registered with the FMCSA on 06/01/1974. The fleet consists of 7 power units and 3 drivers. Annual mileage is reported at 101,179 miles (2023). With zero crashes across 2 inspections, ECONOMY OIL INC maintains an excellent safety record. Both driver and vehicle out-of-service rates are below the national average, indicating strong compliance. The carrier holds a Satisfactory safety rating from the FMCSA. Insurance coverage of $1,000,000 is on file through EMPLOYERS MUTUAL CASUALTY CO.. Active operating authorities include Contract. Based on authority, insurance, safety, and compliance data, ECONOMY OIL INC has a Trust Score of 100/100 (Excellent).

Operation Classification

Authorized For HirePrivate (Property)

Mileage

Annual Mileage101,179 miles

Mileage Year2023

VMT SourceMCS-150 Form

Drivers

Interstate

Intrastate

CDL

Total

Interstate >100mi0

Interstate <100mi0

Intrastate >100mi0

Intrastate <100mi0

Equipment

No equipment breakdown on file with FMCSA.

HazMatYes

Safety Summary

Safety RatingSatisfactory

Total Crashes (24-mo)0

Fatal0

Driver OOS0.0% avg 5.5%

Vehicle OOS0.0% avg 20.7%

Last Review09/02/2003

Insurance

Amount$1,000,000

Type91X

Effective02/01/2018

CompanyEMPLOYERS MUTUAL CASUALTY CO.

Policy #3E032 67

Quick Facts

StatusActive

TypeCarrier

Fleet7 units

Drivers3

Mileage101,179 mi

Operating37 years

MCS-15004/2026

Safety & Inspection Data

Crash Summary

Total Crashes (24-mo)0

Fatal0

Injury0

Tow-Away0

Safety RatingSatisfactory

Driver Inspections

Total1

Out of Service0

OOS Rate0.0%

National Avg5.5%

Below National Average

Vehicle Inspections

Total1

Out of Service0

OOS Rate0.0%

National Avg20.7%

Below National Average

HazMat Inspections

Total1

OOS0

OOS Rate0.0% (avg 4.5%)

Last FMCSA Review: 09/02/2003 | Rated: 09/10/2003

Safety Trends by Year

Roadside inspections and crashes on file, year over year. The red portion of each inspection bar is the out-of-service share; ▲/▼ compares to the prior year.

Inspections · red = OOS

2023

1 · 0 OOS —

2024

1 · 0 OOS =

Crashes

No crashes on record.

Based on FMCSA crash and roadside inspection records (rolling 3-year window). The latest year may be partial.

Out-of-Service Summary Last 24 months

Live FMCSA roadside inspections through Aug 2024 — 1 inspections, 0 resulted in out-of-service (0% OOS rate).

Clean — no out-of-service violations in the last 24 months.

Live FMCSA roadside inspection records, refreshed monthly.

Inspection Records (2)

Date	State	Level	Location	Violations	OOS	Driver Viol	Driver OOS	Vehicle Viol	Vehicle OOS	HazMat
08/06/2024	ND	Walk-Around (Level II)	HAGUE ND	0	0	0	0	0	0	-
08/14/2023 ▼	ND	Walk-Around (Level II)	ELLENDALE	3	0	1	0	2	0	-
Violations (3) 392.2 — Failing to Secure Cargo Non-OOS (Unsafe Driving) 393.9(a) — CFR 393.9(a) Non-OOS 393.75(c) — CFR 393.75(c) Non-OOS

Licensing & Insurance

Form	Type	Insurance Company	Policy	Coverage	Effective	Cancel Date	Method
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	3E03264	$750,000	10/27/2014	01/11/2016	Replaced
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	3E03264	$750,000	10/27/2014	01/30/2016	Cancelled
91	BIPD	NATIONWIDE AGRIBUSINESS INSURANCE CO.	CMG 851441	$0	05/01/1990	02/04/2000	Replaced
91	BIPD	NATIONWIDE AGRIBUSINESS INSURANCE CO.	CMG 851441	$0	05/01/1990	02/20/2000	Cancelled
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	2EO-39-69	$1,000,000	02/04/2000	02/01/2003	Replaced
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	2EO-39-69	$1,000,000	02/04/2000	03/06/2003	Cancelled
91X	BIPD/Excess	EMPLOYERS MUTUAL CASUALTY CO.	2JO-39-69	$1,000,000	02/04/2000	02/01/2003	Replaced
91X	BIPD/Excess	EMPLOYERS MUTUAL CASUALTY CO.	2JO-39-69	$1,000,000	02/04/2000	03/06/2003	Cancelled
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	3E0-32-67	$1,000,000	02/01/2005	10/27/2014	Replaced
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	3E0-32-67	$1,000,000	02/01/2005	11/26/2014	Cancelled
91X	BIPD/Excess	EMPLOYERS MUTUAL CASUALTY CO.	3J0-32-67	$1,000,000	02/01/2005	11/26/2014	Cancelled
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	2E8-54-07	$1,000,000	02/01/2003	02/01/2005	Replaced
91X	BIPD/Excess	EMPLOYERS MUTUAL CASUALTY CO.	2J8-54-07	$4,000,000	02/01/2003	02/01/2005	Replaced
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	3E03267	$750,000	01/11/2016	02/01/2018	Replaced
91X	BIPD/Primary	EMPLOYERS MUTUAL CASUALTY CO.	3E03267	$750,000	01/11/2016	03/03/2018	Cancelled

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC217846	CONTRACT	INVOLUNTARY REVOCATION	11/14/2005	DISCONTINUED REVOCATION	12/02/2005
MC217846	MOTOR PROPERTY CONTRACT CARRIER	GRANTED	05/31/1989	-	-
MC217846	CONTRACT	INVOLUNTARY REVOCATION	01/04/2016	DISCONTINUED REVOCATION	01/12/2016

No revocation records.

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Trust Score over time and the complete authority and insurance timeline, not just today.

100/100

Excellent

VERIFIED

Every carrier starts at 100. We subtract points for each missing requirement or risk factor below. Verified means all four core requirements pass.

Score breakdown

100 — no deductions

Clean record — the bar stays full at 100.

Verification — 4 core requirements

Active operating authority

FMCSA shows the USDOT registration and authority are active.

Authorized for hire

Holds active for-hire (common or contract) authority.

Active insurance on file

Insurance coverage and carrier are on file with FMCSA.

Safety rating not Unsatisfactory

Satisfactory FMCSA safety rating.

What's lowering this score

Clean record — no deductions. This carrier starts and stays at 100.

How we calculate the Trust Score

Every company starts at 100

We subtract points for each missing requirement or risk factor. Verified means all the core requirements for that company's type pass. Nothing is added back — the score is a deduction model built only on public FMCSA data. No pay-to-play, no opinions.

Requirements differ by company type

Each company is judged fairly on its own FMCSA obligations. Anything that doesn't apply shows as a grey N/A — not required — never a penalty.

Carrier (for-hire)

Operating authority, authorized-for-hire, insurance on file, safety rating.

Broker

Broker authority + $75k surety bond (BMC-84/85). MCS-150 not required (no fleet).

Freight forwarder

FF authority + $75k bond + BOC-3. MCS-150 not required (no trucks).

Private carrier

Active USDOT + MCS-150 + safety. No operating authority / for-hire / insurance filing required (hauls its own goods).

Crashes are scaled, not flat

Crash history is proportional. We don't apply a flat penalty — we scale it to (a) crashes per vehicle in the fleet and (b) the share of those crashes that were fatal. So a big, safe fleet barely moves; a small fleet with many (and fatal) crashes takes a large hit.

0 pts deductedscaled by rate & severityup to −28 pts

Low end

50,000 vehicles + 1 crash → ~0 pts. A huge fleet with very few crashes per vehicle is almost untouched.

High end

5 vehicles + 3 crashes incl. fatal → large deduction (near the −28 cap). Many crashes per truck, fatal-heavy.

Mechanics: deduction is capped at 28 points, weighted roughly 60% on crashes-per-vehicle and 40% on the fatal ratio. Zero crashes = zero deduction. If fleet size is unknown, only crash severity can move the score (conservative).

Out-of-service rate vs. the national average

Driver and vehicle out-of-service rates are measured against the FMCSA national average, not a flat number. A company only takes the deduction when it sits above the national benchmark — for example “Vehicle OOS 37% vs national avg 20.7%”.

Point reference — the full menu

Every factor and exactly how many points it can remove. Knockout factors (they also fail Verification) are marked.

Factor	Points
USDOT / authority not active with FMCSA knockout	−25
Missing operating authority (when required) knockout	−15
No insurance or surety bond on file (when required) knockout	−25
Unsatisfactory safety rating knockout	−30
Conditional safety rating	−12
MCS-150 biennial update overdue (carriers) knockout	−10
Crashes — rate-adjusted (per-vehicle & fatal share)	0 to −28
Driver OOS rate above national average	−5
Vehicle OOS rate above national average	−5
Very new carrier (under 1 year)	−10
Limited operating history (1-3 years)	−6
Moderate operating history (3-5 years)	−3
Operating history unknown	−3
No public phone number	−3
No public email address	−2

All inputs come from public FMCSA records (operating authority, insurance/bond filings, the SAFER/SMS safety profile, crash & inspection reports). If FMCSA updates a record, the score updates with it. For the full deduction table, see the methodology page.

ECONOMY OIL INC

Trust Score

Company Information

Contact Details

Other Companies at This Address

Operating Authorities

Company Overview

Operation Classification

Mileage

Drivers

Equipment

Safety Summary

Insurance

Quick Facts

Safety & Inspection Data

Safety Trends by Year

Out-of-Service Summary Last 24 months

Inspection Records (2)

Licensing & Insurance

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