NEXUS COOPERATIVE

DBA: NEXUS

DOT# 299549 MC# 726863 Charles City, IA Authorized For-Hire / Private Property
(641) 715-1203 ntynan@nexus.coop 1001 Blunt Parkway, Charles City IA 50616
157 power units · all owned 150 drivers
HazMat
Satisfactory
FRED Score 75.0 / 100
Low confidence
39 yrs history · 17 roadside inspections
Upside capped

FMCSA Live Status

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Fleet & equipment

Power units
157
Drivers · CDL
150 · 150
Annual miles
909k unreliable
Type Own Term Trip Total
Trucks 90 0 0 90
Tractors 59 0 0 59
Trailers 75 0 0 75

Registration

Organization
CORPORATION
Registered
08-17-1987 (39 yrs)
MCS-150 Update
09-04-2024 (Biennial Update)
FRED Score Date
Nov 07, 2026
Officer
BRUCE FLIEHLER
Officer
DERRICK DAVIS

Cargo

21.9
minimal risk
Liquids/Gases Other: FERTILIZER Grain/Feed/Hay Chemicals

Estimated from the commodity types reported to FMCSA, not from loss history or the true cargo mix.

Upside Withheld

Its risk relativity (0.57× similar fleets) would put it in Excellent; these rules hold it at Satisfactory:

  • Excellent withheld: a fatal crash inside the window
  • Excellent withheld: driver-behaviour relativity above 1.0×
  • Held one band lower (interim): the filed fleet isn't corroborated roadside — see Exposure Unverified below

The downside is never capped.

Exposure Unverified

The expected crashes behind this grade assume the filed fleet of 157 power units is real, but the roadside record corroborates little of it — 17 units seen in 24 months, 0.05 inspections per filed unit-year. The grade's relativity to class is unchanged; its confidence tier is cut to reflect the unverified exposure, and until the fleet is confirmed an Excellent grade shows as Strong and a Strong as Satisfactory. Verify the fleet size before relying on the crash expectation.

Mileage Unreliable

MCS-150 annual mileage appears too low for fleet size given observed activity. The per-100k-mile rate benchmarks on this page are excluded; the FRED grade does not use mileage (crash exposure is power-unit-years, violation exposure is inspection counts).

Expected crash rate is probably lower than similar fleets (about a 90% chance), but the record is too thin to say by how much.

Similar fleets: for-hire fleets of 100–199 trucks with the same kind of operation, years in business and amount of road activity. Compared using its own crash record and roadside inspections.

This motor carrier 0.57×
ExcellentStrongSatisf.MarginalPoorCritical
▲ Similar fleets 1.0×
Expected crashes, next 12 months
0.8 vs 1.4 for similar fleets
Likely 0–2 crashes
This motor carrier
0.8
Similar fleets
1.4
Chance of a fatal crash, next 12 months
~2%
Below similar fleets.
What's driving the grade
Crash history
betterworse
Better than peers. 0 crashes on the FMCSA record in 24 months; similar fleets have about 1.4 a year. The grade counts 1 crash in its 36-month scoring window, recent ones weighted most.
Roadside inspections
betterworse
Much worse than peers. Unsafe-driving and hours-of-service violations 2.27× the rate expected for its inspections. Together they move its crash estimate +11%: roadside results weigh far less than crash history.

Worth a closer look

From the FMCSA record. The grade already counts the safety items; insurance filings and links to other motor carriers are not in it.

  • Driver qualification
    2 out-of-service violations against drivers: 2 no valid CDL (Feb 2026).
    Ask: driver qualification files and hiring standards.
  • Filed fleet not seen on the road
    Only 17 of the 157 filed power units were seen at a roadside inspection in 24 months (17 inspections in all). The crash expectation behind the grade assumes all 157 are running. Its grade is held one band lower until the fleet is confirmed.
    Ask: how many trucks are actually operating, with the vehicle schedule.
Strengths
  • No reportable crashes in 24 months.
  • No FMCSA BASIC alerts.
Data flags
  • Dangerous driving: 2
  • Unreliable reported mileage
    The motor carrier's self-reported annual mileage (MCS-150) looks implausible, so exposure- and mileage-based figures may be distorted.
  • Estimated mileage
    No usable mileage was reported, so exposure was estimated from similar motor carriers. Mileage-based metrics here are approximate.

Track record

FMCSA record, Oct 2024 – May 2026 · grade scored on Sep 1, 2023 → Sep 30, 2026
Crashes
0
0 fatalities · 0 injuries · 0 tow-aways
Inspections
17
24% clean (no violations)
Vehicle out-of-service
60.0%
3 of 5
National avg 22.3%
Driver out-of-service
5.9%
1 of 17
National avg 6.7%
Violations
27
8 out-of-service
Inspections per quarter With an out-of-service order
Q4 '24: 4 inspections, 0 out of service 4 Q4 '24 Q1 '25: 1 inspections, 0 out of service 1 Q1 '25 Q2 '25: 3 inspections, 0 out of service 3 Q2 '25 Q3 '25: 1 inspections, 1 out of service 1 Q3 '25 Q4 '25: 2 inspections, 0 out of service 2 Q4 '25 Q1 '26: 5 inspections, 1 out of service 5 Q1 '26 Q2 '26: 1 inspections, 1 out of service 1 Q2 '26
vs 96 peer fleets
This motor carrierPeers
Crashes 0.000 0.021
Inspections 0.09 0.48
Violations 0.09 0.26
Critical violations 0.02 0.04

Yearly rates from the last 24 months. Peers: 100–199 power units, minimal-risk cargo.

What they get cited for

27 violations · 24 months
  • Vehicle maintenance No alert
    15 · 6 OOS
    Brakes 5 · Lights 5 · Tires 2 · Cargo securement 1 · Other parts 2
  • Unsafe driving No alert
    10 · 0 OOS
    Seat belt 4 · Speeding 2 · Phone use 1 · Other 3
  • Driver fitness No alert
    2 · 2 OOS
    No valid CDL 2
  • Hours of service No alert
    0
  • Drugs & alcohol No alert
    0
Out-of-service violations “No alert” = under FMCSA's BASIC intervention threshold

Violations by quarter

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No violation trend data

Crashes

24 months

No reportable crashes on the FMCSA record in the last 24 months.

Insurance filed with FMCSA

FMCSA record through May 14, 2026 · no change recorded by FMCSA since
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Last on FMCSA's record (May 14, 2026)
$1,000,000 · CRESTBROOK INSURANCE COMPANY
on record since Sep 1, 2024 · FMCSA minimum $750,000 · no gap on FMCSA's record since Sep 2010
Cargo filing
not required by FMCSA (household-goods motor carriers only); the cargo policy is not on FMCSA's record
36 months to May 14, 2026
  • 3 liability insurers on FMCSA's record, 2 changes: PENN MILLERS INSURANCE COMPANY → CRESTBROOK INSURANCE COMPANY (Sep 2024); AUSTIN MUTUAL INSURANCE COMPANY → PENN MILLERS INSURANCE COMPANY (Sep 2023)
  • 1 cancellation notice filed by an insurer, replaced before it took effect
  • No gap in filed liability coverage while liability was required
Authority
  • FMCSA notice resolved in time: 1

Operating authority active (FMCSA's L&I record of May 14, 2026, status since Oct 24, 2024)

Who insures fleets like this →

FMCSA filings only, not a policy audit. Not part of the FRED grade. Wrong or out of date?

Where it happens

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Inspections by state
  • Iowa (HQ) 11
  • Minnesota 6