July 2, 2025
(georgeolsson/Getty Images) [Stay informed on transportation news: Get TTNews delivered to your inbox.] Current Challenges in the Trucking Industry The trucking sector has faced ongoing difficulties with increasing insurance costs, coupled with risk management concerns that have impacted fleets this year. While high premiums remain a primary worry, industry leaders and regulatory bodies have initiated […]
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July 2, 2025
Representatives from Daimler Truck North America, Geico, and Hirschbach Motor Lines participated in a panel discussion during the 2024 American Trucking Association (ATA) conference in Nashville, Tennessee. They explored the significance of vehicle safety systems and emphasized the necessity of granting insurers access to telematics data to help reduce insurance costs for fleets. Moderated by […]
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July 1, 2025
For independent owner-operators or those managing truck fleets, securing commercial truck insurance is essential. Our focus here is specifically on the requirements for tractor-trailer operators. Types of Businesses Requiring Commercial Truck Insurance Various business sectors that may need commercial truck insurance include: Agricultural haulers Auto haulers Coal haulers Dirt, sand, and gravel haulers Garbage, debris, […]
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July 1, 2025
Partnership with Top-Rated Fronting Carrier Expands Capacity SAN FRANCISCO, Oct. 15, 2024 /PRNewswire/ — Nirvana Insurance, an insurtech company focusing on data and telematics, has forged a significant partnership with MS Transverse Insurance Company, which is part of the global MS&AD Insurance Group Holdings. This collaboration, along with added support from a group of A+ […]
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June 30, 2025
[Stay updated on transportation news: Subscribe to TTNews.] Daimler Truck Financial Services Establishes HQ in North Carolina Governor Josh Stein recently announced that Daimler Truck North America’s financial arm will set up its headquarters in Charlotte, North Carolina, with a $7.8 million investment that will create 276 jobs. Welcoming the New Headquarters “I am excited […]
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June 30, 2025
Insurance Provider Enhances Motor Truck Cargo Coverage for Greater Protection MAYFIELD VILLAGE, Ohio, April 16, 2025 /PRNewswire/ — Progressive Insurance has introduced Cargo Plus, a new endorsement designed to widen the scope of Motor Truck Cargo coverage available to for-hire truckers and other qualifying customers. Motor Truck Cargo coverage ensures protection if a trucker is […]
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June 29, 2025
Demographic Concerns in Saskatchewan’s Trucking Industry Over half of the semi-truck drivers in Saskatchewan are aged 45 and older. Calls for Government Support This statistic was disclosed by the Saskatchewan Trucking Association (STA) based on government data, sparking renewed advocacy for government assistance to help train the upcoming generation of drivers. Financial Barriers to Training […]
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June 27, 2025
Sales strategies and effective communication with customers were highlighted in a series of workshops on Thursday at the Used Truck Association (UTA) Convention held in San Antonio. Attendees had numerous opportunities to enhance their knowledge with sessions on future vehicle technologies, new emission standards, financing options, and selling warranties for used trucks. The session focused […]
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June 26, 2025
Follow us today… Policy Renewal Shock “How much will my Cybertruck cost to renew my policy?” John Khosravani questions his insurance agent on the Tesla Cybertruck Facebook Owner page, still in disbelief from the shocking renewal rate provided by his insurer for the second year of ownership. John expresses his frustration, saying, “Has anyone else […]
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June 25, 2025
Startup Lula, positioning itself as the “Stripe for insurance,” has successfully secured $35.5 million in a Series B funding round following a significant increase in customer acquisition. After TechCrunch covered Lula’s Series A funding of $18 million in July 2021, the company initially concentrated on creating an insurance API to help businesses eliminate the need […]
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