Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
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...
Markets/Coverages: WTW Partners With Falvey Cargo on Cyber; Boost and Breach Offer Crypto Wallet Cover; Umbrella From Distinguished Programs Serves Real Estate, Community Associations
Feb 16 2022 // WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey Cargo Underwriting on an affirmative cyber coverage product for cargo and...
Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik
Feb 11 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a cargo insurance administration and analytics platform. Cargo insurance policies have...
Markets: Liberty Mutual Covers ‘Last Mile’ Delivery; Roamly Serves RV Rental Firms; Next Targets Auto Repair Industry
Feb 10 2022 // Liberty Mutual Motor Cargo Product Serves ‘Last Mile’ Delivery Market Liberty Mutual Insurance has launched a motor cargo product to serve the emerging last mile and gig economy delivery segments, including the...
Relation Acquires Georgia-based Allen, a Trucking Insurance Specialist
Jan 19 2022 // California-based Relation Insurance Services has reached across the country to acquire trucking industry specialist Allen Insurance Group, headquartered in Georgia. Based in Fort Valley, Georgia, Allen offers commercial...
Yemeni Fighters Hijack UAE-Flagged Cargo Ship, Saudi-Led Military Coalition Says
Jan 3 2022 // Yemen’s Houthi fighters hijacked a United Arab Emirates-flagged cargo ship off the coast of Yemen on Sunday night, according to a Saudi Arabia-led military coalition that’s battling the rebel force. The vessel,...
Minnesota Trucking Company to Pay $500,000 Settlement over Sex Discrimination Lawsuit
Dec 9 2021 // Stan Koch and Sons Trucking, based in Minneapolis, will pay $500,000 and furnish other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission. According to the EEOC’s...
