Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
Markets/Coverages: Openly’s New Homeowners Carrier; Neptune Flood, SIAA Partnership; MiKargo247 Launches for Per-Load Freight
Jul 26 2022 // Openly Starts Openly Insurance Company, a Licensed Homeowners Insurance Carrier Openly announced the launch of the Openly Insurance Company, a homeowners insurance carrier licensed in 17 states. Openly had formerly...
Digital Trucking MGA Koffie Raises $11M, Eyes Expansion to 10 States
Jul 20 2022 // A Brooklyn, New York-based managing general agency for the trucking and transportation sector has closed an $11 million Series A funding round, bringing the company’s total funding to date to $15.5 million. The round...
Crashed Ukrainian Cargo Plane Carried Shipment of Ammunition for Bangladesh
Jul 18 2022 // Ukrainian foreign ministry officials on Sunday traveled to inspect the site where a Ukrainian cargo plane crashed overnight in northern Greece, en route from Serbia to Jordan and on to Bangladesh. The envoys will help...
California Throws 70K Truckers in Gig-Work Legal Limbo, Risking Supply Chains
Jul 11 2022 // About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed US supply...
People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office
Jul 8 2022 // Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for overseeing underwriting, delegated authority management, claims and the...
Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO
Jun 20 2022 // Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western insurers withdrew cover. Western insurers halted...
Insurtech MGA Loadsure Offers Smart Annual Cargo Insurance
Jun 7 2022 // InsurTech MGA Loadsure announced the launch of its new smart annual cargo product, Cargo Plus. The new offering is an annualized ocean cargo product that will deliver the financial convenience of a pay-as-you-go policy...
U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources
May 27 2022 // The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to the United States aboard another vessel, three sources familiar with the matter said. It was unclear...
Howden Launches End-to-End Digital Trading Platform for Cargo Risks
May 11 2022 // Howden, the London-based international insurance broker, announced the launch of xTrade Cargo, the first end-to-end digital trading platform dedicated to the oldest specialty class in the London market. This new initiative...
U.S. Trucking Downturn Foreshadows Possible Economic Gloom
May 2 2022 // Craig Fuller monitors millions of transactions between U.S. truckers and their customers as chief executive of transportation data company FreightWaves — and he does not like what he is seeing. There has been an...
U.S. Trucking Downturn Foreshadows Possible Economic Gloom
Apr 25 2022 // Craig Fuller monitors millions of transactions between U.S. truckers and their customers as chief executive of transportation data company FreightWaves – and he does not like what he is seeing. There has been an...
Dominica-Flagged Cargo Ship Sinks in Ukrainian Port of Mariupol After Missile Attack
Apr 6 2022 // A Dominica-flagged cargo ship sank on Tuesday in the besieged southern Ukrainian port city of Mariupol after being targeted by Russian missile strikes, the vessel’s flag registry said. The Azburg was believed to have...
Biden Touts Importance of U.S. Trucking
Apr 5 2022 // 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...
Logistics Giants Hedge Their Bets in Uncertain U.S. Self-Driving Truck Race
Apr 4 2022 // U.S. self-driving truck companies have a golden opportunity in the form of a nationwide driver shortage, but their robot drivers still are not ready and neither are their biggest potential customers. The uncertainties...
Drop in Cargo Thefts Follows Spike During Pandemic Lockdowns
Apr 4 2022 // A rash of railcar thefts in the Los Angeles area may have given a different impression, but nationally the number of reported cargo thefts dropped by 15% in 2021 compared to the prior year, according to CargoNet’s...
Ukraine to Guarantee Insurance Payouts to Cargo Ships Damaged at Its Danube Ports
Apr 1 2022 // Ukraine, a major producer of grain, oilseeds and steel products, will guarantee insurance payments to cargo vessels damaged in hostilities on its stretch of the Danube, according to the government decision published on...
People Moves: WTW Promotes Richardson to Europe Leader for Ins. Consulting & Tech; Miller Launches French Cargo Team; Tamesis DUAL Hires Argenta’s Toth as Dir. of U/W
Mar 29 2022 // This edition of International People Moves details appointments at the brokers Willis Towers Watson (WTW) and Miller, along with the MGA Tamesis DUAL. A summary of these new hires follows here. WTW Promotes Richardson to...
Trucker in Maine Fatal Crash Says Other Vehicle, Not Netflix, Distracted Him
Mar 29 2022 // PORTLAND, Maine (AP) —A trucker was streaming Netflix when his tractor-trailer struck a car, killing a retired couple in Maine, according to a police report. The truck driver acknowledged streaming a Netflix show on his...
Markets/Coverages: Falvey’s Cyber Cover for Cargo; PHLY’s New Commercial Line; CoverEase’s Workers’ Comp; Mile Auto’s Telematics
Mar 28 2022 // Falvey Cargo Underwriting Offers Cyber for Cargo Falvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help address broad cyber exclusions that apply to nearly all cargo insurance...
Freight Train Derails in California Sending 13 Rail Cars and Locomotives off Tracks
Mar 22 2022 // A Union Pacific freight train carrying lumber derailed in Southern California on Monday, sending 13 rail cars and three locomotives off the tracks. No injuries were reported after the derailment around 7:30 a.m. near...
