April 13, 2025
Government Actions Against Truckers Protesting Vaccine Mandates The Canadian government has issued a warning that it will freeze the bank accounts and suspend the vehicle insurance of truck drivers who persist in blockading roads in protest of vaccine mandates. This declaration comes as the country enacts a national emergency to address the resulting traffic issues. […]
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April 12, 2025
Nest Best Insurance Agency Unveils New Cost-Effective Trucking Insurance Program in California April 10, 2025 9:27 AM EDT | Source: PRNews OU Glendale, California–(Newsfile Corp. – April 10, 2025) – Nest Best Insurance Agency, a prominent provider of commercial trucking insurance, has launched a new budget-friendly trucking insurance program tailored for California. This initiative is […]
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April 12, 2025
Dive Brief: Knight-Swift Transportation Holdings has announced it will discontinue its struggling third-party insurance service, which incurred a significant $71.7 million operating loss in the fourth quarter. This decision was communicated by President and CEO Dave Jackson during the company’s Q4 earnings call. The loss drastically impacted the carrier’s overall operating income, which fell to […]
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April 11, 2025
Nikola Corp. is dedicated to creating energy and transportation solutions focused on zero-emissions, particularly specializing in hydrogen-electric trucks. The company’s aim is to facilitate the transition for commercial clients to advanced truck technologies, along with establishing hydrogen fueling and charging infrastructure, as well as maintenance options. The company’s strategy involves collaborating with key business partners […]
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April 11, 2025
New Insurance Solutions for Used Commercial Vehicle Buyers Traditionally, buyers of used commercial vehicles faced challenges in securing insurance for their purchases, often relying on the selling company for recommendations on insurance agents. This situation has changed since February when Ryder announced a partnership with InsurTech REIN to implement an embedded insurance program for their […]
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April 10, 2025
Nest Best Insurance Agency Unveils Cost-Effective Trucking Insurance Program in California Glendale, California–(Newsfile Corp. – April 10, 2025) – Nest Best Insurance Agency, a prominent provider of commercial truck insurance, has launched a new budget-friendly trucking insurance program tailored for California. This initiative is designed to assist owner-operators and fleet businesses in obtaining affordable, personalized […]
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April 10, 2025
Challenges in the Transport and Logistics Sector Following unprecedented profits in 2022, the transport and logistics industry is now confronted with challenges stemming from declining prices and excess capacity. Despite these shifting market conditions, logistics companies are obligated to uphold the essential “seven Rs” when engaging with customers: ensuring the correct product(s) reaches the intended […]
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April 9, 2025
Understanding Carriage and Insurance Paid to (CIP) Carriage and Insurance Paid to (CIP) is an international trade term in which the seller is responsible for covering the freight and insurance expenses associated with moving goods from their facility to a designated location chosen by the buyer. The liability for any potential loss or damage to […]
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April 9, 2025
Overview of Transportation Insurance Transportation insurance provides protection for the insured’s assets during their movement from one location to another. It is essential for companies to consider various types of insurance when developing their risk management strategies. Types of Insurance to Consider When creating a comprehensive risk management plan, here are some critical insurance options […]
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April 8, 2025
Staffing Shortages and Insurance Costs Trucking companies are grappling with extensive staffing shortages while simultaneously facing financial hurdles in hiring new candidates due to the increased costs of insuring them. Praise for On-the-Job Training Jamie Mullens, an owner-operator at Keltic Transportation in Moncton, mentioned in a recent interview that her company can afford to hire […]
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