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SILVA TRADING COMPANY INC

Trust Score

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Company CheckSILVA TRADING COMPANY INC · DOT 3830431

77 HIGH STREET, CUMBERLAND, RI, 02864

DOT# 3830431 MC# 1571729 Cumberland, Rhode Island 2 years

CARRIER

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1

Power Units

1

Drivers

0

Crashes (24-Month)

$750,000

Insurance

Not Rated

Safety Rating

0

Inspections

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Public record

2 events tracked · latest Jul 7, 2026 ↓ Show details ↓

Insurance 2

Current
Active insurance on file ($750,000).
Aug 29, 2025
Insurance policy cancelled (LANCER INSURANCE COMPANY).

Public FMCSA record · blue clean · orange change · red risk.

Company Information

Legal NameSILVA TRADING COMPANY INC

DOT Number3830431

MC Number1571729

Entity TypeCarrier

Operating StatusA - Active

LocationCumberland, Rhode Island

Added02/25/2022

MCS-15007/24/2024

Contact Details

Phone(401) 658-6070

Fax(401) 658-6070

Email[email protected]

Physical Address77 HIGH STREET, CUMBERLAND, RI, 02864

Mailing Address77 HIGH ST, CUMBERLAND, RI, 02864

Operating Authorities

Authority TypeAUTHORIZED FOR HIRE

Carrier OperationA - Interstate

DocketMC1571729

CommonActive

ContractNot Active

BrokerNot Active

Operating2 years

Company Overview

SILVA TRADING COMPANY INC is a FMCSA-validated carrier based in Cumberland, Rhode Island. The company has been in operation for 2 years, registered with the FMCSA on 02/25/2022. The fleet consists of 1 power unit and 1 driver. Annual mileage is reported at 18,000 miles (2023). The company has a clean safety record with zero reported crashes. Insurance coverage of $750,000 is on file through CANAL INSURANCE CO.. Active operating authorities include Common. Based on authority, insurance, safety, and compliance data, SILVA TRADING COMPANY INC has a Trust Score of 94/100 (Excellent).

Operation Classification

Authorized For Hire

SMS BASIC Scores

FMCSA safety categories, last 24 months. Above Cutoff = FMCSA flags a problem · Below cutoff = within limits · Clean = no violations.

Unsafe Driving

measure 0 · 0 insp with violations

Clean

Hours-of-Service Compliance

measure 0 · 0 insp with violations

Clean

Driver Fitness

measure 0 · 0 insp with violations

Clean

Controlled Substances / Alcohol

measure 0 · 0 insp with violations

Clean

Vehicle Maintenance

measure 0 · 0 insp with violations

Clean

Source: FMCSA SMS, updated monthly.

Mileage

Annual Mileage18,000 miles

Mileage Year2023

VMT SourceMCS-150 Form

Drivers

1

Interstate

0

Intrastate

0

CDL

1

Total

Interstate >100mi0

Interstate <100mi0

Intrastate >100mi0

Intrastate <100mi0

Equipment

No equipment breakdown on file with FMCSA.

HazMatNo

Safety Summary

Safety RatingNot Rated

Total Crashes (24-mo)0

Fatal0

Driver OOS0.0% avg 5.5%

Vehicle OOS0.0% avg 20.7%

SmartWay PartnerNo

Insurance

Amount$750,000

Type91X

VerifiedFMCSA · 06/25/2026

CompanyCANAL INSURANCE CO.

Policy #CT7037429615

Quick Facts

StatusActive

TypeCarrier

Fleet1 units

Drivers1

Mileage18,000 mi

Operating2 years

MCS-15007/2024

Safety & Inspection Data

Crash Summary

Total Crashes (24-mo)0

Fatal0

Injury0

Tow-Away0

Driver Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg5.5%

Vehicle Inspections

Total0

Out of Service0

OOS Rate0.0%

National Avg20.7%

Licensing & Insurance

Form	Type	Insurance Company	Policy	Coverage	Effective	Cancel Date	Method
91X	BIPD/Primary	LANCER INSURANCE COMPANY	CM0079820	$750,000	08/29/2024	08/29/2025	Replaced
91X	BIPD/Primary	CANAL INSURANCE CO.	CT3847831172	$750,000	08/29/2023	08/29/2024	Replaced

No active insurance policies.

Docket	Type	Action	Served	Disposition	Disp Date
MC1571729	MOTOR PROPERTY COMMON CARRIER	GRANTED	09/01/2023	-	-

No revocation records.

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94/100

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, from 100 to 94

94

Starts at 100−6 totalFinal 94

Limited operating history (1-3 years)−6

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

FMCSA shows active coverage on file as of 6/25/2026.

Safety rating not Unsatisfactory

No Unsatisfactory rating on file.

What's lowering this score

-6

Limited operating history (1-3 years)

Authority granted about 2 year(s) ago.

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)	−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.