Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
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...
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”...
