Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
Freight Rates for Grain Exports via New Black Sea Corridor Fall Sharply, Ukraine Says
Oct 2 2023 // A new corridor allowing cargo vessels to carry Ukrainian grain and iron ore from Black Sea ports has significantly lowered freight rates and they are likely to fall further, Ukraine’s farm minister said on...
Illinois Appellate Court Rules Freight Broker Not Liable for $18M Jury Award in Teen’s Brain Injury Case
Sep 28 2023 // A freight broker is not liable for an $18 million jury award to the mother of a teenage boy who suffered a brain injury when he was struck by a truck, an Illinois appellate court ruled Wednesday. A panel of the 1st...
Insurtech MGA Loadsure Partners With WeatherOptics to Boost Cargo Risk Calculations
Sep 27 2023 // Loadsure, the London-based insurtech and managing general agent, has partnered with WeatherOptics, a leading weather intelligence platform, with the aim of bringing weather intelligence into its risk calculations. Loadsure...
Ohio Trucking Company Faces Lawsuit for Harassing and Terminating Gay Mechanics, EEOC Alleges
Sep 20 2023 // An Ohio trucking company violated federal law by subjecting two gay mechanics to harassment and termination because of their sexual orientation and retaliated against them for opposing or complaining about the harassment,...
Nebraska Jury Awards $36 million in Disability Discrimination Case Against Trucking Carrier
Sep 5 2023 // An eight-person jury in Omaha, Nebraska returned a verdict of $36,075,000 in favor of the U.S. Equal Employment Opportunity Commission (EEOC) on disability discrimination claims against Drivers Management, LLC and Werner...
The Most Common Commercial Truck Accidents and Best Practices for Drivers to Avoid Them
Sep 5 2023 // This post is part of a series sponsored by IAT Insurance Group. Protecting your fleet and maintaining steady operations today means implementing risk management practices to combat rising costs and reduce claims. Our...
Markets/Coverages: Cover Whale, CoverWallet Partner on Trucking Insurance
Aug 17 2023 // Insurtechs Cover Whale and Aon’s CoverWallet said they have partnered on providing commercial trucking insurance. The collaboration brings together Cover Whale’s trucking insurance capacity with...
Cargo Thieves Target Electronics, Chemicals, Pharmaceuticals: German Insurance Study
Aug 17 2023 // German transport insurers report a significant increase in stolen goods – with thieves targeting electronic devices as well as chemical and pharmaceutical products. Every 20 minutes, goods are stolen from a truck,...
Swiss Tunnel to Partially Reopen for Freight Transport as Supply Chain Backs Up
Aug 17 2023 // Switzerland’s Gotthard tunnel will partially reopen for freight transport next week after a derailed train blocked one of its two tubes, though the critical route won’t return to full operability for several...
Russian Warship Fires Warning Shots at Cargo Ship in Black Sea
Aug 14 2023 // A Russian warship on Sunday fired warning shots at a cargo ship in the southwestern Black Sea as it made its way northwards, the first time Russia has fired on merchant shipping beyond Ukraine since exiting a landmark...
Update: Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route
Aug 11 2023 // A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern and Southern Europe for goods transport as well as passengers during the height of the summer travel...
Cargo Theft Increased 57% in Q2; High-Value Shipments Targeted
Aug 9 2023 // There were 582 supply chain events reported across the United States and Canada in the second quarter of 2023, a 57% increase when compared to the second quarter of 2022, according to the latest CargoNet report. Ongoing...
Trucking Firm Yellow Files for Bankruptcy, Blasts Teamsters
Aug 8 2023 // Some 30,000 workers at Yellow Corp were looking for jobs on Monday after the major trucking company filed for Chapter 11 bankruptcy protection, potentially saddling U.S. taxpayers with losses from a government rescue of...
99-Year-Old Yellow Trucking Company Shutting Down, Headed for Bankruptcy
Aug 1 2023 // Nashville-based trucking company Yellow Corp., just shy of its 100th birthday, has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of...
Train Derailment in Northern Montana Spills Freight
Jul 24 2023 // A train derailment in northern Montana spilled freight and left 25 cars tangled up along a major east-west railroad corridor but caused no injuries. The accident comes less than a month after a railroad bridge collapse in...
Markets/Coverages: Insurtech Loadsure Launches Ocean Cargo, Stock Throughput Cover
Jul 21 2023 // Insurtech Loadsure announced the launch of digital ocean cargo and stock throughput insurance products: “Danube – Dynamic Ocean Cargo Insurance” and “Huron.” Loadsure described the products as...
Ukraine Cargo Insurance Policy Suspended After Russia Quits Grain Deal: Marsh
Jul 18 2023 // A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United Nations-backed agreement, broker Marsh said on Tuesday. Moscow has withdrawn...
Freight Train Derails in Pennsylvania; No Injuries or Hazard Reported
Jul 18 2023 // A freight train derailment in southeast Pennsylvania early Monday spurred precautionary evacuations, but officials said no injuries were reported and there was no known hazard to the public. The 40-car CSX train, which was...
People Moves: Romeo to Lead Axis US Marine Cargo Launch; Verisk Names Vaughan Chief Privacy Officer; Pelissier Joins Alliant Specialty as SVP
Jul 13 2023 // Axis Capital Holdings Limited said Frank Romeo will lead the company’s entry into the US marine cargo insurance market. Romeo is responsible for building the program and identifying growth opportunities, with a...
Cargo Ship Fire in New Jersey That Killed 2 Is Extinguished After a Week
Jul 13 2023 // Crews extinguished the intensely burning fire aboard a cargo ship docked in New Jersey after nearly a week and are now beginning their investigation into the blaze that killed two firefighters, officials said...
