Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
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...
World’s Cargo Ships Are Sailing Into Supply Chain Disruptions via Climate Risks: Report
Mar 21 2022 // Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of...
Drop in Cargo Thefts Follows Spike During Pandemic Lockdowns
Mar 17 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...
Texas Refrigerated Trucking Company to Pay $75K Over Disability Discrimination Suit
Mar 15 2022 // Stevens Transport, the largest refrigerated trucking company in Texas, will pay $75,000 and furnish other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission...
Insurtech MGA Loadsure Raises $11M to Expand Cargo Insurance Technology Platform
Mar 11 2022 // Insurtech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy, and logistics company, and existing investor...
Self-Driving Company Kodiak Robotics Hauls Freight For CEVA in Texas, Oklahoma
Mar 9 2022 // Kodiak Robotics on March 9 said it has partnered with France-based CEVA Logistics to transport freight in self-driving trucks across Texas and Oklahoma, marking the latest autonomous trucking partnership in the...
FMCSA Declares Texas Motor Carrier to be an Imminent Hazard to Public Safety Following Fatal Crash
Mar 8 2022 // The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has declared Koboat Trucking LLC, USDOT No. 3273682, a Houston-based motor carrier, to be an “imminent hazard”...
Shipping Firm Warns Delays May Damage Perishable Cargo Shipments to Russia
Mar 2 2022 // Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk told its customers on Wednesday. Maersk and two other large...
Burnt-Out Cargo Ship With Luxury Cars Sinks Off Portugal’s Azores
Mar 1 2022 // LISBON — A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire, a port official said. Joao...
VW Fears Most of Its Cars on Cargo Ship ‘Felicity Ace’ Are Beyond Salvage
Feb 26 2022 // Volkswagen AG has lost hope that many of its roughly 4,000 vehicles aboard a cargo ship that caught fire last week in the Atlantic can be saved. The automaker’s brands and dealers have started notifying customers...
Insurance Technology: Nationwide Sponsors Homecare Robots; Trucker Platform Nirvana Raised $25M; DealerPolicy Rebrands as Polly; Dent.co Aids Auto Repairs
Feb 25 2022 // Nationwide Sponsors Labrador Retriever Robot Giant insurer Nationwide is partnering with an early-stage robotics company, Southern California-based Labrador Systems, on a multi-state pilot program with the Labrador...
Canada’s Trucker Protests Cost Businesses Tens of Millions in Lost Sales
Feb 25 2022 // A three-week long protest in Canada against pandemic measures that snarled trade and shuttered Ottawa’s core likely cost billions in trade delays, tens of millions in lost sales for businesses, and left behind a...
Fundamental Underwriters Expands Commercial Trucking Product Into Three More States
Feb 22 2022 // Fundamental Underwriters, a specialty managing general underwriter, announced today that it would expand its mid-market commercial trucking insurance product offerings into three additional states – Louisiana, Michigan...
Porsches and Lamborghinis Lost at Sea in Cargo-Ship Fire Could Cost $155 Million
Feb 22 2022 // The cargo ship that caught fire last week carrying about 4,000 Volkswagen AG vehicles could cost the automaker at least $155 million, according to one consultant’s estimate. Of the roughly $438 million total value of...
Canada’s Crackdown on Trucker-Protest Funding May Be Challenge for Insurers, Banks
Feb 18 2022 // Canada roped in banks to help cut funding to protesters against COVID-19 mandates this week, but the requested speed and broad scope of the measures leaves financial institutions to their own devices in enforcing most of...
