Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
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...
Two New Jersey Firefighters Died Battling Fire on Cargo Ship Carrying 5,000 Cars
Jul 7 2023 // Two firefighters were killed battling a blaze that began when cars caught fire deep inside a cargo ship carrying 5,000 cars at a New Jersey port, Newark`s fire chief said Thursday. Responding firefighters found five to...
People Moves: Hearn to Step Down as Inver Re’s CEO; TMK Taps Munich Re’s Partridge as Cargo U/W in London; Chubb Names Mostert South Africa Country President
Jul 5 2023 // This edition of International People Moves details executive changes and appointments at Inver Re, Tokio Marine Kiln and Chubb. A summary of these new hires follows here. Hearn to Step Down as Inver Re’s CEO Inver...
Ransomware Attack Hits Japan’s Biggest Port, Disrupting Cargo Shipments
Jul 5 2023 // Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments. Ransomware — used by hackers to lock access to files or...
Firefighters Struggled to Identify the Toxic Freight in Ohio Train Derailment, Chiefs Say
Jun 26 2023 // OMAHA, Neb. (AP) – Firefighters who responded to February’s fiery train derailment in Ohio struggled to immediately identify the hazardous chemicals the train was hauling due to a lack of communication from the...
NC Supreme Court: Injured Trucker Due Benefits, Despite Tardy Claim
Jun 20 2023 // An injured truck driver described as “pretty tough” by her doctor after she finally sought treatment more than a year after a back injury was eligible for total temporary disability benefits despite the late...
High Definition Vehicle Insurance Expands Commercial Trucking Product Into Oklahoma
Jun 15 2023 // High Definition Vehicle Insurance, a commercial auto insurance provider, launched its insurance products for commercial trucking fleets in Oklahoma, effective July 1. HDVI used approximately 3.5 billion miles of telematics...
