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More than three years after launching a rulemaking to increase minimum insurance requirements for trucking, the FMCSA is dropping the effort because it says it has not collected enough information to warrant going forward-- at least for now.
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It appears autonomous technology will be a winner from the mpg standpoint, according to a new report, with fuel economy increases of up to 18% for most commercial vehicles by 2050.
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Safety technology on trucks is one reason crash rates, injury rates and fatalities have fallen over the past two decades. Yet insurance rates and the costs of settlements they represent have gone up. Why?
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The compounding effect of several new safety regulations in the next few years could have more of a negative impact on industry capacity than the individual regulations themselves.
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A new Senate bill calls for truck drivers to be paid by the hour and would increase minimum insurance levels, mandate collision avoidance systems and speed limiters, and study the effects on safety of truck drivers having to drive hours just to get to the start of their workday.
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A major spending bill containing several provisions of importance to the trucking industry, including a continuation of the 34-hour restart suspension, narrowly passed the U.S. House late Tuesday night, but it still has to pass the Senate and faces a possible veto.
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Even before a major spending bill containing several provisions of importance to the trucking industry has made it out of the House, the White House has all but promised that President Obama will veto it.
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The House Appropriations Committee has approved a $55-billion spending bill that includes a provision to allow 33-foot long double trailers on Interstate and other highways— regardless of state laws.
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In an operation the FBI called "theft and greed on a large scale," a former insurance broker has pleaded guilty to bilking nearly 800 trucking companies out of $3.7 million for phony cargo insurance.
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Property Damage Appraisers are a national network of appraisers providing estimate services for trucks damaged through accidents.
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