OOIDA opposes the legislation, saying it would lead to a dramatic increase in insurance premiums for small-business truckers.
Now, brokers can cost-effectively cover loads in 40 seconds and accelerate shipper claims from an industry average of 120 days to just a few days—even minutes.
Texas legislators are trying to pass new laws that they say would protect the trucking industry from “abusive commercial vehicle lawsuits,” but personal-injury lawyers are fighting it.
Koffie uses telematics and advanced safety technology to underwrite trucking companies, rewarding fleets that invest in safety with discounted insurance premiums.
Management failures to act or adapt to the times during the COVID-19 pandemic have led to workplace litigation.
In 2021, legacy issues like driver shortage and higher insurance costs will persist, and there’s no end to the disruption caused by the COVID-19 pandemic. A risk management expert's outlook.
There’s no simple way for trucking fleets to slip the grasp of rising insurance costs — it takes everything from running safely to shopping smartly.
While some insurance will always be dictated by regulations (like liability insurance) or shipper demands (cargo insurance), other choices are driven by unique business needs and concerns. Here are three examples.
The pilot program, connecting Mack and Volvo customers, insurance companies, and dealers, is currently available in select U.S. markets.
In 2019, the costs of trucking contracted significantly, from $1.82 to $1.65 per mile – a drop of 9%, according to the American Transportation Research Institute's annual survey.