As car manufacturers resume production, the trickle-down effect may breathe new life into the hard-hit auto hauling industry.
The sudden increase of non-payments and defaults can quickly sink your transportation company.
Albrecht brings deep industry relationships and an expertise in transportation finance to the insurance company.
Ransomware attacks are on the rise and transportation companies are a prime target.
Reefer is a hot trucking segment, but jumping in without considering proper insurance could freeze you in your path.
Hungry truckers greeted with pizza upon arrival at Chattanooga-area welcome centers.
Relaxed regulations and insurance payment relief are certainly helping truckers, but many are also changing their mix of freight to insulate revenue.
Although April is no longer officially Distracted Driving Awareness Month, drivers of all kinds should focus on preventing this deadly issue
In this episode of Fuller Speed Ahead, FreightWaves Founder and CEO Craig Fuller speaks with Reliance Partners President Chad Eichelberger about COVID-19 effects on insurance markets.
Moratoriums on policy cancellations for non-payment likely to continue
The Federal Motor Carrier Safety Administration’s emergency declarations extend far beyond hours of service.
Drivers should closely watch the market and adapt to the freight in high demand.
Amidst the coronavirus pandemic, fleet wellness programs should focus their efforts on protecting drivers from the illness.
Insurance spikes can be attributed to the ongoing threat of nuclear verdicts.
It’s now possible for managers to virtually ride shotgun with their drivers—and that’s a good thing.
Reliance Partners’ Brenda Wiser helps carriers prepare to interact with insurance inspectors
Providing workers’ comp is a no-brainer, so why not take advantage of the benefits it offers?
Drivers looking to improve safety and avoid legal pitfalls must thoroughly understand Federal Motor Carrier Safety Administration rules.
Trucking companies should understand the rules surrounding workers’ comp coverage.
California owner-operators argue their livelihoods are at stake under new labor law.
In case you weren’t able to catch our live broadcasts from Music City at the Air Cargo Conference at the top of this week, don’t worry, we’ve got you covered right here, right now for a “just in time” delivery.
To have an edge in the logistics market, it is critical for companies to spot the right talent and retain them in their ranks over a considerable period of time.
Digitalization of roadside assistance services can help fleets in not just getting immediate and seamless assistance but at flat-rate premiums.
Pest infestation within cold storage containers can cause major losses as companies are forced to discard entire shipments.
The winter season witnesses a lot of truck crashes and injuries, making it essential for drivers and carriers to find ways to reduce risk while hauling during inclement weather.
The transport and logistics sector witnesses thousands of cyberattacks every year, and it is essential for stakeholders to be wary of opportunistic threats and impersonation attacks to keep their operations secure.
For nearly a year now in the U.S. — and for the first time since the Department of Labor began tracking job turnover — the number of open jobs each month has been higher than the number of people looking for work. At the beginning of 2019, the U.S. economy had 7.6 million unfilled jobs, […]
Assembly Bill 5 limits companies from classifying workers as independent contractors rather than employees to save operational expenses.
Warehouses are under pressure to increase product picking efficiency in a time of expedited e-commerce. Automation and robotics can help.
Ellen Voie, the CEO of Women in Trucking, spoke on the issues that female truckers in particular face when they are looking for parking spots.
Every day, more than 40% of all truck drivers on the road use an hour or more of productive driving time to search for a secure parking spot before their hours of service run out.
Digitalizing roadside assistance will help customers get quicker service, while service providers and garages/repair shops can track progress in real-time to ensure high customer satisfaction.
The hard deadline for the ELD mandate hits on December 16, and a significant portion of the fleets that run AOBRDs are looking to put off ELD adoption until the last minute.
Truck parking is not only a safety issue, but also an issue of driver rest. Reliance Partners, along with TruckPark, is exploring how truck parking reservation systems could help drivers get better rest and improve roadway safety.
The rise of e-commerce and the evolution of customer expectations on delivery schedules have propelled the last-mile segment to be more reactive to demand and highly digitalized.
Among the resistant 30%, reasons to avoid dash cams range from protecting driver privacy to the fear of driver turnover.
Fleets have been investing in safety technologies, but the public does not seem to be recognizing this fact, with the majority of Americans believing they are safer drivers than most truck drivers.
The Hispanic community has contributed immensely to the new American dream and is currently one of the fastest growing ethnic minorities within the trucking sector.
High driver turnover rates have been common in the trucking industry for several decades. Improving the quality of discussions between fleet management and drivers might help reduce the churn.
Fatigue symptoms can be gathered by measuring the brain waves of truckers, which can be used to sound early warnings before drivers show visible signs of fatigue.
Last-mile freight delivery might involve drivers to act as assemblers, helping set up products like furniture and home appliances. These driver-assemblers have specific skill sets that could never be fully automated.
The driver appreciation week is celebrated across the country to pay respect to the 3.5 million truckers who haul freight all year round, rain or shine.
Even with all the publicity about the electronic logging device mandate, this year’s Roadcheck safety blitz in June still saw 37.2% of drivers placed out-of-service done so because of hours-of-service violations.
Mixed reality smart glasses allow workers to become hands-free with logistics operations, helping them to focus solely on the package at hand.
The freight industry is being battered by falling volumes and loosening capacity, with tightening credit standards further exacerbating the situation.
Small fleets need to fully understand their financial situation, improve awareness of technology and have set processes in place to fluidly scale up the business.
When designing software for truckers, it is vital for companies to consult drivers at every stage of its development, as apps developed in siloes will only make the lives of truckers more complicated.
Technology has helped smaller fleets band together to take advantage of discounts, real-time telematics and find loads through digital freight matching platforms.
With the growth of technology in the trucking sector, drivers are now being monitored every second they are in the cab, which has led to concerns about privacy.
Truck driving is one of the most stressful jobs in the economy, and it is vital for trucking fleets to address the issues drivers face and empower them to stay healthier – both physically and mentally.
The Fourth of July weekend brings a record number of Americans on the highways, increasing accidents due to driving distractions, intoxication and even fatigue.
Many companies still do not have cyber insurance and are vulnerable to the costs associated with a data breach.
Acknowledging the widespread issue of distracted driving is the first step to change. Technology can be used to monitor real-time driving behavior, with those insights leveraged to improve driver behavior.
In partnership with Reliance Partners…Data analytics has been disrupting the way the freight industry works and the insurance sector will not be left behind.
Truck drivers looking for a job will soon have to register with a new drug and alcohol clearinghouse.
Autonomous vehicles can be commercially deployed only after it convincingly addresses public and government concerns on safety and reliability.
Trucks without mirrors are entering the testing phase, but they could soon become a reality.
Accidents due to distracted driving is on the rise, and it critical to utilize technology to curb the numbers.
Fleets must look to leverage technology to improve the quality of life and driving experience of truckers, which eventually leads to driver retention.
In partnership with Reliance Partners …
ELDs are not just about tracking the hours of service of drivers. The data they gather can be used by fleets to improve driver behavior and operational efficiency, and by insurance companies to understand accident history for evaluating fleet risk profiles.
P44-Reliance and UPS-AscendTMS pursuing different customers but with similar objective.
In partnership with Reliance Partners …Fleet safety needs to be looked at as a part of operations and not as an addendum, as initiatives like video safety can help reduce driver turnover and mitigate the impact of litigations that arise due to collisions, both from a cost and a time perspective
In partnership with Reliance Partners …With cargo theft being a regular occurrence, it is vital for fleets to stay alert and train their personnel to keep the truck and the trailer safe from hijackers.
The mobility and freight business community of Chattanooga is starting to think strategically about growing the industry.
Sponsored by Reliance Partners…The DOT’s pilot program to study the feasibility of 18-21-year-old drivers will have an insurance impact, but what exactly do insurance providers think of the proposal?
Understanding hours-of-service and ELD regulations and their exemptions can help fleets better manage driver’s time.
Sponsored by Reliance Partners…On the heels of the U.S. Department of Transportation’s announcement regarding the Solving for Safety Visualization Challenge, FreightWaves spoke with Reliance Partners’ John Seidl to learn more about risk management in the industry.
Think government regulations are just a drain on your finances? Think again. Today, savvy fleets are using government regulations such as the hours-of-service rules to their advantage — but how?
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.
Presented by Reliance Partners …The jury is still out as to whether or not ELDs actually make our roads safer, but many say they’re working.
Presented by Reliance Partners …CAB compiles data and translates that into actionable information for insurers and underwriters to make more informed decisions on carriers.
Presented by Reliance Partners …Cargo theft doesn’t just happen on the road, it can also happen at the warehouse. To prevent it, leading experts noted some of the approaches that scare away thieves.
Presented by Reliance Partners …As if insurance requirements are not confusing enough for truckers, there is additional insurance policies some truckers or carriers need that others do not. This includes intermodal insurance coverage
When a 3PL is involved in moving goods, there are a number of liability areas where that 3PL could be held responsible, from the actions of the carrier to condition of the goods.
Presented by Reliance Partners …For truly safe trucking companies, chameleon carriers are a problem. But it is one that data is helping solve.
Insurance & Risk Management presented by Reliance Partners … U.S. companies moving freight across the border need additional insurance to cover their Mexican drivers, even if it is only within the border zone
Insurance & Risk Management presented by Reliance Partners … While the number of recorded cargo thefts in 2017 declined to 649, the group said, the threat remains, and according to Scott Cornell with Traveler’s Special Investigations Group (SIG), may be underreported.
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.
The informal Freight Alley local social brought heavy hitters in the logistics industry to the FreightWave’s Chattanooga offices for a local meet and greet last Wednesday, February 7
Trucking companies face high insurance costs, and few are higher than new venture insurance for new carriers. Some steps can be taken to help lower that initial cost, though.
Reliance Partners, a leader in transportation and logistics insurance and risk management, announced today that it joined the Blockchain in Transport Alliance (BiTA).
In what will come as little surprise to anyone who has recently renewed their commercial insurance policies, rates are going up. The bad news is that there doesn’t appear to be an immediate end in sight, according to a new report from A.B. Best.
Owner-operators have unique insurance needs, and it matters whether you have your own authority or are leased to a carrier. Either way, it’s important to understand what coverage you need and find policies that fit your budget.
Recently, there were a couple of Facebook posts from owner-operators asking for advice on where to look for new insurance. One poster said their insurance company was dropping them because their “maintenance scores” were too high. What, they asked, did that mean?
The saying goes that there are only two certainties in life: death and taxes. If you’re a commercial vehicle operator, though, you can add another: rising insurance costs.
With millions of commercial vehicles now running electronic logging devices (ELD), concerns have been raised about cyber attacks. That concern is leading to more interest in cyber insurance policies.
While more and more fleets are utilizing thousands of data points to make operational decisions, insurance providers are tapping into those same data points to help create more accurate risk profiles of carriers and their drivers to build improved insurance offerings for those fleets. And at a lower cost in some instances.
Larger fleets sometimes control their insurance costs by self-insuring. Smaller fleets, though, often don’t have the financial resources to self-insure, so more of them are turning to “captive” insurance programs.
Like taxes, insurance can be confusing. Many carriers, especially smaller carriers without dedicated insurance experts on the payroll, are at the mercy of an insurance provider. But armed with a little knowledge, carriers can make more informed purchasing decisions.
Many commercial trucking companies will never be impacted by cargo theft, but that doesn’t mean they shouldn’t be prepared. Cargo theft is a multi-million-dollar problem, and like all problems, somebody is going to pay for it.
Using onboard video cameras can not only reduce risky driving behaviors, they can also lead to a significant decrease in insurance premiums, with one fleet reporting it saw its insurance premiums drop 55%.
There is no requirement for cargo insurance, but that doesn’t mean you shouldn’t have it. As you search for motor truck cargo insurance, you will find various plans at various price points. Like those homeowner’s policies, no two are the same. So how do you know what you should be looking for?
Fleets using ELDs say they reduce manual processes related to HOS compliance, reduce compliance violations, and improve driver and public safety. All of these benefits provide fleets another benefit: potentially lower insurance costs.
