Capacity crunch coming, say top trucking executives
Covenant Transportation’s Joey Hogan and Jet Express’ Kevin Burch talk capacity, insurance, trucking’s image and a lot more in wide-ranging discussion at ACT Research event.
Covenant Transportation’s Joey Hogan and Jet Express’ Kevin Burch talk capacity, insurance, trucking’s image and a lot more in wide-ranging discussion at ACT Research event.
Market softness, excess capacity, weak demand and soaring insurance costs and claims were the near-term challenges highlighted on Landstar’s conference call.
Trucking insurance continues to get more expensive. Chris Henry and Daniel Pickett provide information about captive insurance agencies.
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.
Deciding to purchase a Class 8 truck is a large and serious investment. Truck drivers often dream about the day they drive their very own Class 8 vehicle off the lot. However, these commercial machines are not cheap nor is it an easy task to keep up. Whether you are planning to start or expand […]
Minimum coverage would increase from $750,000 to almost $5 million.
While a proposal to increase minimum insurance levels is off the table for now, that hasn’t stopped advocates from pushing carriers to increase those limits above the current minimum of $750,000, which was set in 1983.