Keep in mind, an "accident" and "incident" are 2 different things.
I'm guessing the driver mentor meant "not DOT reportable"... Meaning No Fatality, Injury. Or Tow. With minimal damage many companies will choose to report it as an "incident" which is a lesser offense. However, even an "incident" with higher damage costs could be recorded as an "accident". At Prime, if you maintained a good record, they sometimes agree to remove an "incident" that helps you in gaining better employment elsewhere.
Don't be too concerned. I knocked an axle off a trailer my first month pulling into a fuel lane. Many a Trucking Truther has learned from my mistake and pays more attention when they pull through now. However, Schneider's reaction may be different if you have latenesses, critical events, and tickets.
A department of the federal executive branch responsible for the national highways and for railroad and airline safety. It also manages Amtrak, the national railroad system, and the Coast Guard.
State and Federal DOT Officers are responsible for commercial vehicle enforcement. "The truck police" you could call them.
When a violation by either a driver or company is confirmed, an out-of-service order removes either the driver or the vehicle from the roadway until the violation is corrected.
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Whether a company joke or not, I don't know. I know with absolute certainty that I have heard the phrase before. As already indicated, probably not something that plays well in a public setting.