WALLACE GAS & OIL INC
AUTHORIZEDUSDOT
323844
MC Number
370227
Fleet Size
10
Total Drivers
5
Last updated: March 16, 2026
Safety overview
WALLACE GAS & OIL INC is a small interstate motor carrier based in LAMAR, Colorado, operating 10 power units with 5 drivers. None of their 5 BASIC scores cross the 75th percentile intervention line. Their driver out-of-service rate of 0.0% comes in under the 5.51% national average. No crashes on file. FMCSA records show 4 inspections for this carrier.
BASIC scores
SMS PercentilesHigher percentile = worse performance relative to peers. Scores at or above 75% may trigger an FMCSA investigation.
Out-of-service rates vs. national average
An out-of-service order means the driver or vehicle was pulled from operation during a roadside inspection.
For reference, the average driver OOS rate in Colorado is 11.1% and the average vehicle OOS rate is 26.1% across 48,014 carriers.
Company details
- Entity Type
- N/A
- Carrier Operation
- Interstate
- Operation Classification
- Authorized For Hire, Private (Property)
- Cargo Carried
- N
- Hazmat
- Yes
- Safety Rating Date
- N/A
What are BASIC scores?
FMCSA tracks carrier performance through its Safety Measurement System (SMS), which scores carriers across six categories called BASICs. Each score is a percentile from 0 to 100, based on inspection and crash data from the past 24 months.
A score of 65 means the carrier performed worse than 65% of its peers. Anything above 75% can trigger FMCSA alerts or investigations. Brokers vetting new carriers should pay attention to scores above 50%.
- Unsafe driving
- Speeding, reckless driving, improper lane changes, seatbelt violations. All based on what officers find during roadside inspections.
- HOS / Fatigue
- Hours-of-service violations, logbook problems, driving past the allowed limits. Fatigued driving is one of the top causes of truck crashes in the US.
- Driver fitness
- Licensing problems, expired medical certificates, and other driver qualification issues.
- Controlled substances
- Drug and alcohol testing violations, possession, or impairment.
- Vehicle maintenance
- Brake problems, tire issues, lighting defects, load securement failures. Caught during the vehicle portion of roadside inspections.
- Crash indicator
- Based on crash history from state-reported data. Higher percentile means more crashes relative to the carrier's size and mileage.
Inspections
4
Total
57%
Driver %
Insurance on file
Liability (BIPD)
NEW YORK MARINE & GENERAL INS. CO. — eff. Jun 1, 2025
Cargo
NATIONWIDE AGRIBUSINESS INSURANCE CO. — eff. Jun 1, 2004
Surety Bond
Not on file
Trust Fund
Not on file
Crash history
0
Total Crashes
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Frequently asked questions
Is WALLACE GAS & OIL INC authorized to operate?
Yes. WALLACE GAS & OIL INC (USDOT #323844) currently holds "AUTHORIZED" status with FMCSA. They're registered as an interstate carrier.
What is WALLACE GAS & OIL INC's safety record?
Based on FMCSA data, WALLACE GAS & OIL INC has no BASIC scores above the 75th percentile intervention threshold. They haven't received a formal FMCSA safety rating. No crashes on record.
How many trucks does WALLACE GAS & OIL INC operate?
WALLACE GAS & OIL INC operates 10 power units with 5 drivers on file. That makes them a small carrier.
Does WALLACE GAS & OIL INC transport hazardous materials?
Yes. WALLACE GAS & OIL INC is flagged for hazardous materials transportation with FMCSA. That means additional safety requirements and more frequent inspections.
Where is WALLACE GAS & OIL INC located?
WALLACE GAS & OIL INC is based in LAMAR, Colorado at 606 NORTH MAIN ST, 81052. Phone: (719) 336-7787.
What are WALLACE GAS & OIL INC's out-of-service rates?
WALLACE GAS & OIL INC's driver out-of-service rate is 0.0%, compared to the national average of 5.51%. Below average, which is a good sign. Their vehicle out-of-service rate is 33.3% (national average: 20.72%). Above average, which may point to vehicle maintenance gaps.