A change in how the National Labor Relations Board determines whether a company is considered a “joint employer” with another company could disrupt relationships among carriers while imposing higher costs on the trucking sector.
Tag: trucking insurance
Nirvana Nabs $57M to Make AI Inroads into Commercial Trucking Insurance
Nirvana Insurance — an insurance startup taking a new approach to insurance products for commercial fleets using artificial intelligence, telematics, internet-of-things technology and 15 billion miles of trucking data to calculate risk models — is taking on something else: new funding.
Trucking Company Yellow Files for Bankruptcy, Will Liquidate
Yellow, the 99-year-old trucking company, filed for bankruptcy and is closing the business, falling victim to mounting debt including a government loan and a standoff with the Teamsters union.
National Supply Chain Issues and the Trucking Industry
Businesses and consumers rely on the trucking industry to keep rolling as the best and often the only solution to fully support the nation’s supply chains by delivering everything from life’s necessities to forgettable frivolities. COVID-19, with all its variations, has disrupted supply chains worldwide across all sectors, including retail, manufacturing, transportation, logistics, and healthcare.… Continue reading National Supply Chain Issues and the Trucking Industry
Behind the Wheel of Transportation Insurance
Transportation insurance programs provide a range of standard and unique business insurance coverages for transportation-related businesses. Transportation is a massive industry with many companies providing services that transport cargo and passengers using planes, trains, trucks, and buses to carry people. Transportation infrastructure includes airports, seaports, train stations, and highway rest areas. Companies fall into two… Continue reading Behind the Wheel of Transportation Insurance
Truckers Want More Trucks than Industry Can Build
The trucking industry in the United States, which is at the heart of the country’s struggle to move freight efficiently, is caught in its own constrained supply chain. Heavy-duty truck production is slowed by parts shortages that can’t keep up with a large backlog of orders, according to industry executives, preventing fleets from replacing and… Continue reading Truckers Want More Trucks than Industry Can Build
Biden Touts Importance of U.S. Trucking
President Joe Biden on Monday touted the importance of the U.S. trucking industry especially during the COVID-19 pandemic as the administration has worked to boost the number of truck drivers by drawing in more women and veterans. The White House touted the surge in hiring of truck drivers and commercial driver licenses issued. It said… Continue reading Biden Touts Importance of U.S. Trucking
Fuel Costs Posing Challenges for Small Trucking Operators
The rapid rise in diesel fuel prices this month is putting a strain on freight transportation companies and their customers, and small trucking operators are struggling to keep up with the rising costs. Independent operators and smaller fleets are the most vulnerable to rising diesel prices because they have less negotiating power with shippers and… Continue reading Fuel Costs Posing Challenges for Small Trucking Operators
U.S. Highways Are Overrun with Trucks
Trucks are taking over American highways, thanks to an increase in pandemic online shopping and disruptions to global supply chains. They’re chewing up the pavement along the way, adding to the congestion and irritating residents who have to contend with 18-wheelers and delivery trucks as soon as they pull out of their driveways. They’re also… Continue reading U.S. Highways Are Overrun with Trucks
Two Trucking Companies Hit with $1 Billion Verdict in Death of Florida Teenager
Connor Dzion had only attended two weeks of classes at the University of North Florida in 2017 when a distracted semi-truck driver slammed into a line of cars on Sept. 4. Dzion had been in standstill traffic for over an hour on Interstate 95 near Yulee because another semi-truck driver had flipped his vehicle ahead… Continue reading Two Trucking Companies Hit with $1 Billion Verdict in Death of Florida Teenager