GRAY TRANSPORTATION INC
(319) 234-3930
dgray@graytran.com
2459 Gt Drive, Waterloo IA 50703
173
tractors · all leased
173 drivers
15M mi/yr · ~86k per unit
Satisfactory
FRED Score 63.7 / 100
Moderate confidence
38 yrs history · 102 roadside inspections
FMCSA Live Status
Checking FMCSA…
Fleet & equipment
- Power units
- 173
- Drivers · CDL
- 173 · 172
- Annual miles
- 15M
| Type | Own | Term | Trip | Total |
|---|---|---|---|---|
| Trucks | 0 | 0 | 0 | 0 |
| Tractors | 0 | 173 | 0 | 173 |
| Trailers | 600 | 0 | 0 | 600 |
Registration
- Organization
- CORPORATION
- FMCSA Rating
- Satisfactory (12-07-2015) · 10 yr old
- Registered
- 07-28-1988 (38 yrs)
- MCS-150 Update
- 01-31-2025 (Biennial Update)
- FRED Score Date
- Nov 07, 2026
- Officer
- LEROY GRAY
- Officer
- DARRIN GRAY
Cargo
68.4
medium risk
Machinery/Large Objects
Meat
Refrigerated Food
General Freight
Fresh Produce
Other: TRACTOR PARTS
- High-Risk Cargo
- Machinery Large, General Freight, Refrigerated Food, Meat
Note: "General Freight" is a catch-all; the actual cargo mix and its risk may differ.
Estimated from the commodity types reported to FMCSA, not from loss history or the true cargo mix.
Expected crash rate is probably lower than similar fleets (about a 70% 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.
Per truck, fleets like this one are expected to crash about 0.6× as often as the median active fleet of 100–199 trucks.
This motor carrier 0.89×
ExcellentStrongSatisf.SatisfactoryMarginalPoorCritical
▲ Similar fleets 1.0×
Expected crashes, next 12 months
3.6 vs 4.0 for similar fleets
Likely 1–7 crashes
This motor carrier
3.6
Similar fleets
4.0
Chance of a fatal crash, next 12 months
~9%
About typical for similar fleets.
What's driving the grade
Crash history
betterworse
About typical. 6 crashes on the FMCSA record in 24 months (about 3 a year), including 1 with injuries; similar fleets have about 4 a year. The grade counts 16 crashes in its 36-month scoring window, recent ones weighted most.
Roadside inspections
betterworse
Mixed. Unsafe-driving and hours-of-service violations 2.27× the rate expected for its inspections, but out-of-service orders 0.61× and violations 0.65×. Together they barely move its crash estimate: 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.
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Injury crashes1 crash with 1 person hurt in 24 months.Ask: claim status and driver history for these crashes.
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Lights and tiresLights are 10 of 74 violations (14%). Light or tire defects led to 8 out-of-service orders.Ask: the preventive-maintenance schedule and shop records.
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Unsafe drivingCited 1 for speeding 15+ mph over or in a work zone and 2 for phone use.Ask: telematics, speed governance and phone policy.
Strengths
- Driver out-of-service rate 0.0% vs 6.7% national.
- No FMCSA BASIC alerts.
Data flags
-
Dangerous driving: 5
-
Excessive speeding: 10
Track record
FMCSA record, Sep 2024 – Mar 2026
· grade scored on Sep 1, 2023 → Sep 30, 2026
Crashes
6
0 fatalities · 1 injury · 0 tow-aways
Inspections
102
57% clean (no violations)
Vehicle out-of-service
24.2%
8 of 33
National avg 22.3%
Driver out-of-service
0.0%
0 of 102
National avg 6.7%
Violations
74
10 out-of-service
Inspections per quarter
With an out-of-service order
Sep 25–30, 2024 isn't charted (too little of that quarter is on file); the 24-month totals include its 5 inspections.
vs 1,871 peer fleets
| This motor carrier | Peers | |
|---|---|---|
| Crashes | 0.012 | 0.024 |
| Inspections | 0.88 | 0.91 |
| Violations | 0.21 | 0.51 |
| Critical violations | 0.07 | 0.10 |
Yearly rates from the last 24 months. Peers: 100–199 power units, medium-risk cargo.
What they get cited for
74 violations · 24 months-
Vehicle maintenance No alert35 · 10 OOSLights 10 · Tires 9 · Brakes 7 · Cargo securement 3 · Wheels & hubs 1 · 5 more
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Unsafe driving No alert31 · 0 OOSReckless / lane 10 · Speeding 10 · Phone use 2 · Seat belt 2 · Other 7
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Hours of service No alert8 · 0 OOSLogbook / ELD paperwork 6 · Over hours limit 2
-
Driver fitness No alert0
-
Drugs & alcohol No alert0
Out-of-service violations
“No alert” = under FMCSA's BASIC intervention threshold
Violations by quarter
Tap a category to show or hide itNo violation trend data
Crashes
24 months-
Mar162026IllinoisProperty damage onlySnow road, daylight, snow, two-way trafficway divided unprotected median.
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Feb202025IowaProperty damage onlyDaylight, two-way trafficway not divided.
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Feb182025OklahomaInjury · 1 person hurtIce road, daylight, two-way trafficway divided positive barrier.
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Jan152025IowaProperty damage onlyDaylight, two-way trafficway divided positive barrier. Citation issued.
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Oct52024MinnesotaProperty damage onlyDaylight, two-way trafficway divided positive barrier.
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Sep272024TexasProperty damage onlyDaylight, two-way trafficway divided unprotected median.
1 of the 6 crashes hurt someone but killed no one.
Insurance filed with FMCSA
FMCSA record through May 14, 2026 · no change recorded by FMCSA sinceToday · live FMCSA check
Checking FMCSA…
- Last on FMCSA's record (May 14, 2026)
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No liability filing on FMCSA's record through May 14, 2026.Last filing: CAROLINA CASUALTY INSURANCE CO., ended Apr 24, 2025 (cancellation notice took effect).
- Cargo filing
- required · on file · LEXINGTON INSURANCE COMPANY since Aug 1, 2007
36 months to May 14, 2026
- 2 liability insurers on FMCSA's record, 1 change: THIRD COAST INSURANCE COMPANY → CAROLINA CASUALTY INSURANCE CO. (Oct 2023)
- 3 cancellation notices filed by insurers; 2 took effect (the last Apr 24, 2025, not replaced on FMCSA's record); 1 replaced before it took effect
Operating authority inactive (FMCSA's L&I record of May 14, 2026, status since Apr 30, 2025)
FMCSA filings only, not a policy audit. Not part of the FRED grade. Wrong or out of date?
Every insurance filing on the FMCSA record
31 filings and 20 authority events since 1991 · FMCSA record through May 14, 2026
Every insurance filing on the FMCSA record
31 filings and 20 authority events since 1991 · FMCSA record through May 14, 2026
Newest first. Insurer names as filed. FMCSA does not publish why a filing was cancelled.
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Apr 30, 2025Operating authority revoked (cause not stated)L&I to May 14, 2026
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Nov 1, 2023CAROLINA CASUALTY INSURANCE CO.Liability · $1,000,000 · ended Nov 11, 2023 · cancellation notice took effectL&I to May 14, 2026
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Oct 15, 2023CAROLINA CASUALTY INSURANCE CO.Liability · $1,000,000 · ended Apr 24, 2025 · cancellation notice took effect18 months in forceL&I to May 14, 2026
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Nov 1, 2022THIRD COAST INSURANCE COMPANYLiability · $1,000,000 · ended Oct 15, 2023 · replaced by another insurera cancellation notice effective Nov 4, 2023 came after the replacement; 11 months in forceL&I to May 14, 2026
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Nov 1, 2021THIRD COAST INSURANCE COMPANYLiability · $1,000,000 · ended Nov 1, 2022 · replaced by the same insurer (renewal)12 months in forceL&I to May 14, 2026
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Nov 1, 2020THIRD COAST INSURANCE COMPANYLiability · $1,000,000 · ended Nov 1, 2021 · replaced by the same insurer (renewal)12 months in forceL&I to May 14, 2026
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Sep 15, 2019THIRD COAST INSURANCE COMPANYLiability · $1,000,000 · ended Nov 1, 2020 · replaced by the same insurer (renewal)14 months in forceL&I to May 14, 2026
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Nov 1, 2018THIRD COAST INSURANCE COMPANYLiability · $1,000,000 · ended Sep 15, 2019 · replaced by the same insurer (renewal)a cancellation notice effective Nov 1, 2019 came after the replacement; 10 months in forceL&I to May 14, 2026
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Oct 5, 2018FMCSA revocation notice for the operating authority, dropped Nov 1, 2018opened after HUDSON INSURANCE COMPANY filed a cancellation notice (effective Nov 1, 2018)L&I to May 14, 2026
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Nov 1, 2016HUDSON INSURANCE COMPANYLiability bond (BMC-82) · ended Nov 1, 2018 · cancellation notice took effect24 months in forceL&I to May 14, 2026
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Oct 5, 2016FMCSA revocation notice for the operating authority, dropped Nov 1, 2016opened after GREAT WEST CASUALTY CO. filed a cancellation notice (effective Nov 1, 2016)L&I to May 14, 2026
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Aug 1, 2013GREAT WEST CASUALTY CO.Liability · $1,000,000 · ended Nov 1, 2016 · cancellation notice took effect39 months in forceL&I to May 14, 2026
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Mar 1, 2013CANAL INSURANCE CO.Liability · $1,000,000 · ended Aug 1, 2013 · replaced by another insurer5 months in forceL&I to May 14, 2026
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Aug 1, 2012CANAL INSURANCE CO.Liability · $750,000 · ended Mar 1, 2013 · superseded by the same policya cancellation notice effective Apr 12, 2013 came after the replacement; 7 months in forceL&I to May 14, 2026
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Jul 5, 2012FMCSA revocation notice for the operating authority, dropped Jul 31, 2012opened after STATE NATIONALSPECIALTY INSCO/NATIONAL SPECIA filed a cancellation notice (effective Aug 1, 2012)L&I to May 14, 2026
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Aug 23, 2010FMCSA revocation notice for the operating authority, dropped Sep 16, 2010opened after STATE NATIONAL INSURANCE CO., INC. filed a cancellation notice (effective Sep 19, 2010)L&I to May 14, 2026
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Aug 1, 2010STATE NATIONALSPECIALTY INSCO/NATIONAL SPECIALiability · $750,000 · ended Aug 1, 2012 · cancellation notice took effect24 months in forceL&I to May 14, 2026
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Mar 11, 2010STATE NATIONAL INSURANCE CO., INC.Liability · $750,000 · ended Aug 1, 2010 · replaced by another insurera cancellation notice effective Sep 19, 2010 came after the replacement; 5 months in forceL&I to May 14, 2026
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Feb 12, 2010FMCSA revocation notice for the operating authority, dropped Feb 19, 2010opened after STATE NATIONAL INSURANCE CO., INC. filed a cancellation notice (effective Mar 11, 2010)L&I to May 14, 2026
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Nov 3, 2009STATE NATIONAL INSURANCE CO., INC.Liability · $750,000 · ended Mar 11, 2010 · cancellation notice took effect4 months in forceL&I to May 14, 2026
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Oct 21, 2009FMCSA revocation notice for the operating authority, dropped Nov 4, 2009opened after STATE NATIONAL INSURANCE CO., INC. filed a cancellation notice (effective Nov 17, 2009)L&I to May 14, 2026
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Aug 1, 2009STATE NATIONAL INSURANCE CO., INC.Liability · $750,000 · ended Nov 3, 2009 · superseded by the same policya cancellation notice effective Nov 17, 2009 came after the replacement; 3 months in forceL&I to May 14, 2026
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Jul 6, 2009STATE NATIONAL INSURANCE CO., INC.Liability · $750,000 · ended Aug 1, 2009 · replaced by the same insurer (renewal)1 month in forceL&I to May 14, 2026
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Jun 10, 2009FMCSA revocation notice for the operating authority, dropped Jul 7, 2009opened after STATE NATIONAL INSURANCE CO., INC. filed a cancellation notice (effective Jun 9, 2009)L&I to May 14, 2026
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Jun 1, 2009STATE NATIONAL INSURANCE CO., INC.Liability · $750,000 · ended Jul 7, 2009 · cancellation notice took effect1 month in forceL&I to May 14, 2026
What the terms mean
- Liability filing (BIPD):
- The insurer's certificate (form BMC-91 or 91X) that the motor carrier carries bodily-injury and property-damage liability at or above FMCSA's minimum. A BMC-82 is the same promise made by a surety bond.
- FMCSA minimum:
- $750,000 for general freight in vehicles of 10,001 lb or more; $300,000 under 10,001 lb; $1,000,000 for oil and some hazardous materials; $5,000,000 for bulk hazardous materials (49 CFR 387.9).
- Primary / excess:
- An excess filing sits on top of a primary one; together they make the total filed limit.
- Replaced:
- A new filing took over from this one. Replaced the same day is an ordinary change of insurer or renewal.
- Cancellation notice:
- Form BMC-35 (insurance) or BMC-36 (bond): the insurer tells FMCSA the filing ends in 30 days. The insurer files it whether the insurer or the motor carrier ended the policy; FMCSA does not publish the reason.
- Cancellation processed by FMCSA:
- FMCSA itself ended the filing, for example when the authority was revoked.
- Lapse:
- Time with no liability filing on FMCSA's record while the authority required one. A filing received later can be back-dated, which closes a lapse after the fact.
- Suspended for insurance:
- FMCSA suspended the operating authority because no filing meeting the minimum was on file. FMCSA's records state this reason only since May 14, 2026; before then they show a revocation notice without a cause.
- FMCSA notice resolved in time:
- Before May 14, 2026, FMCSA served a revocation notice when a required filing lapsed and dropped it when the filing was restored. The notice does not say which filing lapsed.
- Suspension notice:
- Since May 14, 2026, FMCSA serves a notice that the authority will be suspended on a date unless the missing filing is restored. The notice does not say which filing.
- Cargo filing:
- Form BMC-34. FMCSA has required it only of household-goods motor carriers and forwarders since 2011, so most motor carriers' cargo policies are not on FMCSA's record.
- Broker bond / trust fund:
- Form BMC-84 (surety bond) or BMC-85 (trust fund): the $75,000 security a broker or freight forwarder must keep on file.
- Self-insurance authority:
- FMCSA lets a few large motor carriers carry their own liability; it appears as a filing by "Self-Insured".
- Risk retention group:
- An insurer owned by its policyholders (often trucking groups). It is not covered by state insurance guaranty funds.
- FMCSA record through:
- The date of the FMCSA file this section was built from. Dockets FMCSA's new system has not yet published are shown from the legacy record, frozen on May 14, 2026.
FMCSA's record of the insurance filed for this motor carrier's operating authority (forms BMC-91/91X liability, BMC-34 cargo, BMC-84/85 broker bond or trust), not the motor carrier's full insurance program. Only for-hire motor carriers with operating authority file with FMCSA; private and intrastate-only motor carriers keep proof of insurance at their place of business, so no filing does not mean no insurance. A filed limit is the amount the insurer certified to FMCSA, which can be below the policy's full limits; cargo and bond filings are shown as on file or not because FMCSA records the federal minimum rather than the policy amount. FMCSA's new registration system (May 14, 2026) publishes a partial set of dockets; a docket not yet in it is shown from the legacy record, frozen on that date, and the live check above is today's reading. Not part of the FRED grade. Wrong or out of date?
Where it happens
Loading map data…
Inspections by state
- Iowa (HQ) 20
- Indiana 9
- Illinois 8
- Wisconsin 8
- Michigan 7
- Nebraska 6
- Kansas 5
- Kentucky 5
20% of inspections were in its home state.
How this grade is calculated
The model, its inputs, the window it scored and its confidence. For actuaries and anyone checking the work.
How this grade is calculated
The model, its inputs, the window it scored and its confidence. For actuaries and anyone checking the work.
Forward 12-Month Risk Outlook
The FRED Score predicts this motor carrier's crash risk over the next 12 months — how often they're likely to crash and how severe those crashes tend to be — versus a typical fleet of its size (173 power units: 173 filed, 74 seen roadside in 24 months).
Crash Outlook vs Peer Fleet
crashes per year · same scale
Average peer fleet
4.0
Actual, per year in window
5.3
Projected, next 12 mo
3.6
0
3
6
We'd expect a typical fleet of 173 power units this active to have about 4.0 crashes a year. This motor carrier recorded 16 in its scoring window (Sep 1, 2023 → Aug 31, 2026, about 5.3 a year) — about 1.3× a typical fleet. Factoring in its inspection and violation record inside that window and the credibility of its own experience, the model projects about 3.6 over the next 12. When this motor carrier does crash, those crashes tend to be substantially more severe than average — roughly 3.2× the injury/fatal weight of a typical crash.
Fatal-crash risk: about 9% chance in the next 12 months
Modeled fatal-crash rate is about typical for similar fleets (likelihood of at least one fatal crash, from its exposure and safety profile).
Track Record Used
Crashes Sep 1, 2023 → Aug 31, 2026 · inspections Oct 1, 2024 → Sep 30, 2026 · data as of Oct 29, 2026
Inside that window:
94 inspections
and 16 crashes.
The FMCSA record tables now hold 97 inspections and 6 crashes in that window — the SMS data moved after this grade was computed.
Outside the scoring window
on the FMCSA record · not in this grade
Aged out — crashes before Sep 1, 2023, inspections before Oct 1, 2024
- 5 inspections with no out-of-service result
Confidence: Moderate · Z = 0.49 (posterior 0.58 × exposure corroboration)
Satisfactory — 0.89x its class rate (cuts: Excellent <0.60, Strong <0.76, Satisfactory <1.06, Marginal <1.57, Poor <2.11). Class rate 0.023 crashes per power-unit-year for a 173-unit for-hire fleet (pu100_199). Violations 1.02x (driver behaviour 2.27x, out-of-service 0.61x, all violations 0.65x; 94 inspections). Experience 0.88x: 4.9 decayed crashes against 6.3 expected over 36 months (credibility 0.58, a 4.66). 80% range 0.53–1.29x. Last change: no change since the last run.
No change since the previous weekly run.
What Drives This Score
1.00× = this motor carrier's class rate
FRED multiplies three factors: the class rate a fleet of this size, class and activity is expected to run, a violation relativity from its roadside record, and its own crash experience over 36 months weighted by how much exposure stands behind it. The grade is the band of the resulting relativity to class, then the screens.
Class rate
2.3 crashes per 100 power-unit-years
173 power units · 4.02 expected crashes a year
Violation relativity
1.02×
94 inspections in window
Crash experience
0.88×
4.9 decayed crashes vs 6.3 expected · credibility 0.58
Driver behaviour
Out-of-service rate
All violations
0×1× class2×+
Each sub-relativity is shrunk toward its cohort rate when the record is thin (Bühlmann credibility), so a short record reads close to 1.00×.
Relativity to class 0.89× (80% range 0.53–1.29×)
· band Satisfactory
· cuts: Excellent <0.60, Strong <0.76, Satisfactory <1.06, Marginal <1.57, Poor <2.11, Critical above
FMCSA records
BASIC measures and every inspection, violation and crash, sortable and filterable.
FMCSA records
BASIC measures and every inspection, violation and crash, sortable and filterable.
FMCSA BASIC Scores
AB PropertyTotal Inspections
102
Driver Insp
102
Driver OOS
0
Vehicle Insp
33
Vehicle OOS
8
| BASIC | Insp w/ Viol | Measure | Alert |
|---|---|---|---|
| Unsafe Driving | 25 | 0.87 | |
| HOS Compliance | 6 | 0.19 | |
| Driver Fitness | 0 | 0.00 | |
| Controlled Substances | 0 | 0.00 | |
| Vehicle Maintenance | 17 | 5.27 |
SMS record data is sourced from FMCSA's Safety Measurement System (01-OCT-24 – 31-OCT-24) and may cover a different time window than the scoring window used for the FRED grade (Sep 1, 2023 → Sep 30, 2026). Counts here may differ from the grade's in-window counts.