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Category: <span>Financial & Insurance Insights</span>

Simplifying cif incoterms for 2025: understanding costs, insurance, and freight

Simplifying CIF Incoterms for 2025: Understanding Costs, Insurance, and Freight

March 22, 2025

Bob Ronai Bob has over 50 years of experience in the exporting and importing sector, beginning his career in international banking and later moving into international trade. Quick Guide to Incoterms Download our complimentary short guide Download now Comprehensive Incoterms Guide Purchase our 96-page detailed guide Buy now Cost, Insurance and Freight (CIF) – Incoterms® […]

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Essential guide to cfr incoterms 2025

Essential Guide to CFR Incoterms 2025

March 22, 2025

Bob Ronai Bob has over 50 years of experience in the importing and exporting industry, beginning in international banking before transitioning to international commerce. Quick Guide to Incoterms Download our free brief guide Download now Comprehensive Incoterms Guide Purchase our 96-page guide Purchase Contents Cost and Freight (CFR) ranks among the frequently utilized trade terms […]

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Understanding ex works incoterms for 2025

Understanding Ex Works Incoterms for 2025

March 21, 2025

Bob Ronai Bob has over 50 years of experience in exporting and importing, beginning in international banking and later transitioning to international commerce. Quick Guide to Incoterms Download our free short guide Download now Full Incoterms Guide Purchase our 96-page guide Purchase Contents Ex Works Incoterms (EXW) Ex Works (EXW) is defined in the Incoterms® […]

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New jersey raises truck insurance minimum to $1.5m, leading the

New Jersey Raises Truck Insurance Minimum to $1.5M, Leading the Nation

March 21, 2025

New Jersey’s New Insurance Requirement for Commercial Vehicles A recent amendment to New Jersey law mandates that large commercial vehicles must have an increased insurance coverage of $1.5 million. This change follows years of advocacy from some state legislators, culminating in the bill’s approval last month and signature by Governor Phil Murphy. The supporters of […]

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New jersey lawmakers increase minimum insurance requirements

New Jersey Lawmakers Increase Minimum Insurance Requirements

March 20, 2025

Trucks in Newark, N.J. The new law goes into effect July 1. (georgeolsson/Getty Images) [Stay informed on transportation updates: Subscribe to TTNews.] New Jersey Mandates Higher Insurance for Heavy Trucks The New Jersey Legislature has enacted a law that requires heavy trucks to have a minimum liability insurance coverage of $1.5 million, which is double […]

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Two miami trucking firms seek bankruptcy protection

Two Miami Trucking Firms Seek Bankruptcy Protection

March 19, 2025

Two Miami-based trucking companies, A1 Transport Network and AB Brothers USA, have sought Chapter 11 bankruptcy protection. Both companies submitted their petitions on Saturday to the U.S. Bankruptcy Court for the Southern District of Florida. A1 Transport Network, headed by Ivan Antigua Escobar as president, also has Escobar serving as the general manager of AB […]

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Fluid truck's leadership shakeup following fund mismanagement allegations

Fluid Truck’s Leadership Shakeup Following Fund Mismanagement Allegations

March 18, 2025

Fluid Truck Leadership Shakeup Fluid Truck, a startup aiming to innovate the commercial vehicle rental sector, has removed its co-founders, CEO James Eberhard and chief legal counsel Jenifer Snyder, as per sources familiar with the situation. This upheaval, characterized by employees as a hostile takeover, was instigated by two minority investors on the board. Both […]

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Insurise capital enhances trucking insurance with input 1's premium financing

Insurise Capital Enhances Trucking Insurance with Input 1’s Premium Financing Solution

March 18, 2025

CHEYENNE, Wyo., May 28, 2024 /PRNewswire/ — Insurise Capital, a firm specializing in financing solutions for commercial insurance premiums, has announced its strategic shift to Input 1’s Premium Billing Service (PBS). This move aims to improve its service offerings and operational efficiency within the commercial trucking sector. Insurise Capital Enhances Trucking Insurance Services with Input […]

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Is cybersecurity insurance the future of trucking premiums?

Is Cybersecurity Insurance the Future of Trucking Premiums?

March 17, 2025

Candace Marley’s Perspective on Cybersecurity Risks Candace Marley, an owner-operator based in Iowa with over ten years of driving experience, recognizes that most trucks function like advanced computers on wheels. While the potential for cyberattacks is a concern among truckers, it is not the primary issue on her mind compared to other challenges like downtime […]

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Understanding liability in shipping essentials

Understanding Liability in Shipping Essentials

March 17, 2025

Free on Board (FOB) is a shipping term that indicates the point in the supply chain where the responsibility for goods shifts from the seller to the buyer. It is predetermined in purchase orders and clarifies ownership, risk, and shipping expenses. This long-standing shipping terminology is crucial in defining the transfer of ownership and risk. […]

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