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The American Transportation Research Institute is asking motor carriers to participate in research on rising insurance costs and strategies for managing risk.
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Daimler Truck Financial Services and Geico are offering a new data-driven insurance program for trucking that they say can save customers up to 10% on their commercial vehicle insurance premiums.
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The American Transportation Research Institute has put cabotage on its list of research priorities this year, along with the safety impacts of in-cab monitoring and other critical issues.
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Despite strategies motor carriers are using to reduce premiums, most still reported rising insurance costs. One report says a more holistic strategy is needed.
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The average cost per mile for motor carriers fell in 2020, as reductions in fuel and driver benefits costs offset rising costs in nearly every other area.
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Addressing trucking company reputations, leveling the scales of justice, and watching for what's next when it comes to nuclear verdicts, in the All That's Trucking blog.
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Captive insurance companies are becoming more popular as a way for motor carriers to keep auto and liability insurance costs down. L&F Distributors, a Texas-based beverage distributor with some 1,000 power units, applied the same approach to healthcare costs.
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The developers of a new app say it can help monitor risky driving, prevent equipment theft, defend against lawsuits, and digitize insurance claims, and reduce insurance costs – all without installing any hardware in the truck.
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The trucking industry is facing tectonic change to risk mitigation and its relationships with the insurance industry. Several factors are pushing up the cost of managing risk and defending accident claims. How the industry solves this problem isn't completely clear yet, but Brendan Dawson of the Trucking Defense Network has a few thoughts on the first steps we need to take.
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Season 5 of HDT Talks Trucking dives into a couple of current industry concerns truck insurance and cybersecurity. HDT's editorial team looks back at the year we'd all like to forget and we look forward to what we can expect from 2021. We meet Heavy Duty Trucking Magazine's Safety & Compliance Award winner for 2020, and HDT's 2020 Emerging Leaders. Also, two former competitors who became close friends share a few tales from the pioneering days of fuel economy testing.
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