May 2, 2025
Safety is Paramount According to Mike Templeton, a trooper with the Indiana State Police for 34 years and now a transportation consultant, safety should be the top priority in transportation. His extensive experience with fatal accidents has only strengthened this belief. Today, he aims to help companies and farmers adopt sound safety practices and comply […]
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April 30, 2025
What Is the Transportation Sector? The transportation sector encompasses various companies that offer services for moving people and goods, in addition to the necessary infrastructure. According to the Global Industry Classification Standard (GICS), transportation is categorized as a sub-sector of the industrial sector. This sector includes multiple industries such as air freight and logistics, airlines, […]
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April 24, 2025
The military’s pet transportation allowance went into effect on January 1, 2024. Initially approved in 2022 as part of the 2023 National Defense Authorization Act, the Defense Department postponed its implementation until this year due to budget limitations. However, the program has now launched! So, what does this mean for pet owners? This allows for […]
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April 21, 2025
New revenue recognition standards will soon impact nearly all nonpublic companies in the U.S., requiring compliance by the end of the 2019 calendar year. In May 2014, the Financial Accounting Standards Board (FASB) established new, comprehensive principles-based guidelines for revenue recognition, aimed at significantly affecting U.S. companies that issue financial statements. This standard is intended […]
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April 17, 2025
Highlights of Q4 for Specialty Equipment Distributors: Custom Truck One Source (NYSE:CTOS) As the Q4 earnings season concludes, it’s time to assess the top and bottom performers within the specialty equipment distributors sector, including Custom Truck One Source (NYSE:CTOS) and its competitors. Traditionally, specialty equipment distributors have excelled in providing a wide array of products […]
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April 14, 2025
Challenges in Talent Acquisition and Retention The failure to attract and retain top talent, which ranks eighth among risks, is a considerable challenge for the industry, distinct from the broader workforce shortage, ranked fifth. Many respondents from the sector have noted a shortage of skilled personnel, which can be attributed to two main factors: the […]
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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 5, 2025
RLI Corp Teams Up with TruckerCloud RLI Corp’s RLI Transportation division has partnered with TruckerCloud, the premier telematics data platform for commercial auto insurance. This collaboration aims to enhance RLI’s transportation insurance sector, which is recognized for its innovative approach in the commercial transportation insurance market. About TruckerCloud Based in Atlanta, GA, TruckerCloud helps insurers […]
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April 4, 2025
Air Cargo Transportation As reported by The Nation, the air cargo transportation sector accounts for 35% of global trade value, exceeding $6 trillion. This mode of transportation is efficient and quick, making it a preferred choice for international shipments, particularly for Africa’s economic development. If you’re situated in South Africa, Nigeria, Kenya, Ghana, Ethiopia, or […]
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March 22, 2025
Truck Transportation Jobs Hold Steady, Warehouse Employment Declines According to the latest report from the Bureau of Labor Statistics, the truck transportation sector saw minimal changes in February, while warehouse employment continued its prolonged decrease. In February, the truck transportation sector experienced a loss of 300 jobs, marking the smallest fluctuation in employment numbers since […]
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