A new ATRI survey reveals that most cargo thefts are not reported to insurers, prompting trucking companies to hide losses.
Insurance rates go up after accidents.There are ways to hold the line on those costs.
By implementing a strong safety and compliance program — like Reliance Partners can help them build — carriers can minimize risk and pay less for insurance.
FreightWaves Founder and CEO Craig Fuller analyzes the current costs of trucking.
Leveraging its nationwide network of more than 7,000 attorneys, TVC has a high success rate reducing or dismissing citations.
Big Benefits for Small Fleets: The CarrierHQ Difference
Daimler Trucks North America’s participation in this round points to an increasing market for Truck-as-a-Service products, tools integrated during the manufacturing process to help fleets manage safety, privacy and intelligent automation tools.
Republicans deride “restrictive” policies that were retained from last year in the Democrats’ latest version of the surface transportation reauthorization bill.
An Arkansas-based trucking company, RCX Solutions, filed for Chapter 7 liquidation on Monday, nearly a year after it shuttered operations when it was unable to climb out of debt following a $23 million nuclear verdict.
Spear says the ATA is spending $2 million to litigate Rhode Island truck tolling.
Rewarding small fleets for driving safely turns their second-highest fixed cost into a controllable variable expense.
A driver shortage worsened by the coronavirus pandemic and failed drug tests topped the American Transportation Research Institute’s list of critical issues in the trucking industry for the fourth consecutive year.
Rasmussen heading up safety group after retiring from PrePass.
“Nuclear verdicts are destroying the excess market. Until someone puts a leash on these lawsuits, I don’t see prices going down that’s for sure,” said Reliance Partner’s Joe Schreiner.
Annual insurance rates could surge 150% or more
Read the full article here.
United States Transportation Alliance plans to keep pressure on lawmakers on issues affecting truckers.
A year after studying nuclear verdicts in truck crashes, the American Transportation Research Institute is focusing on smaller verdicts as its top research priority while also looking behind the scenes of rising truck insurance premiums.
Insurance spikes can be attributed to the ongoing threat of nuclear verdicts.
CarrierHQ introduces a new portal that helps owner-operators and small fleets gain authority in the market by providing them services to get started and run successful businesses.
Companies may be creating unnecessary risk in their operations if they have an out-of-date policy and procedure manual, or worse, aren’t following it.
Trucking insurance continues to get more expensive. Chris Henry and Daniel Pickett provide information about captive insurance agencies.
Happy top of the weekend! Thanks for making us a part of the backhaul of your week, and boy do we have some news for you. First, we hit the headlines: Applying the restrictions of AB5 in California to the trucking industry runs afoul of federal law, according to a court case just handed down. […]
In partnership with Reliance Partners …Why are rates rising in this first year of full ELD compliance? What can be done to maximize margins?
Sponsored by Reliance Partners…There are a lot of reasons why it’s hard for owner-operators to get the best deal possible on their truck insurance. Owner-operators are busy.
On June 7th, the highest odds for a truck being in a collision will occur between 4 pm and 7 pm and between 9 pm and midnight, accounting for 21% and 19% of the day’s accidents, respectively, almost twice what would be expected if accidents occurred at random times.
Sponsored by Reliance Partners…FreightWaves visited the Reliance office in downtown Chattanooga this week to speak with COO and president, Chad Eichelberger and Laura Anne Howell and get a sense of what makes the secret sauce so special.
Brought to you by Reliance Partners…Begin the process by providing clarity and expectations first on the basics, such as driving, detention, and layover, the nuts-and-bolts of the driving job.
Presented by Reliance Partners…While there are loads of ways to save on insurance costs, some aren’t as realistic as others. We’ve distilled it down to a concentrated Top 5.
It seems so simple, but basic attention to detail can help prevent an unwanted interaction with law enforcement, which can lead to increased insurance premiums.
