Moving companies are responsible for safely packing and transporting household goods from one location to another. During the moving process, household moving companies are exposed to a wide range of risks. Companies are not only responsible for their vehicles and drivers, but also the personal belongings they are transporting. Household goods mover insurance is designed … Continue reading “Insurance Requirements for Household Moving Trucks”
The commercial trucking industry has faced many hurdles over the past two years. In an industry filled with myriad logistical, liability, and operational risks, fuel pricing is one that has the potential to upend business operations. Latent demand for crude oil as world economies reemerge from their pandemic lockdowns has caused oil prices to climb; … Continue reading “Crude Oil Price Increase Leads to More Expensive Diesel Fuel”
The trucking industry faces numerous regulatory challenges as it conducts daily operations to move cargo across the country. Many of these regulations are designed to establish safety standards, while others focus on employment-related aspects of the transportation sector. During the Trump Administration, rules governing worker classifications were adopted; under the new Biden Administration, two of … Continue reading “President Biden to Rescind Trump’s DOL Classification Laws”
It is no secret that the coronavirus pandemic of 2020 has created significant economic hurdles felt across industries. The commercial trucking sector, deemed essential for transporting medical supplies and consumer goods, fared better than most but still faced driver shortages, supply chain interruptions, and economic downturns. The role of trucking insurance in protecting against business-related … Continue reading “Gas Shortages Predicted Summer 2021”
The commercial transportation industry is comprised of many parts, each with its own unique contribution to world economies. Freight carriers are an essential component of global commerce, bringing goods from manufacturing and production centers to retail establishments. What if a freight carrier uses more than one transportation method – how is cargo protected? Intermodal insurance … Continue reading “What is Intermodal Insurance & Who Needs It?”
In the wake of the continuing economic hardships imposed by the coronavirus pandemic, the Federal Motor Carrier Safety Administration announced that it is extending its emergency declaration to provide regulatory relief for truckers involved in essential transportation assistance efforts. The commercial transportation industry has been essential during recovery efforts and has been instrumental in keeping … Continue reading “FMCSA Extends Emergency Declarations Again”
The trucking industry has experienced outsized effects during the coronavirus pandemic. Deemed essential workers, yet at a higher risk of contracting or spreading the COVID-19 virus due to their interactions with others, the trucking sector has been at a crossroads. Higher freight demands and thousands of truckers out of work due to illness have complicated … Continue reading “Congress Further Considers Apprenticeship Program for Prospective Drivers Under 21”
Self-driven or autonomous vehicles have been a staple of science fiction since the early part of the 20th century. Today, advances in technology have brought autonomous vehicles to life. In the commercial trucking sector, these autonomous vehicles have the potential to forever change the industry. Will those changes be positive, or will the impacts of … Continue reading “How Will Autonomous Vehicles Impact the Trucking Industry?”
Dump trucks perform essential functions in the transportation industry. Dump trucks and their operators may be called upon to provide their services for the construction, land clearing, agricultural, and landfill sectors. As such, dump truck operators face many operational risks. Dump truck insurance is a foundational component of risk management for operators and truck owners. … Continue reading “Dump Truck Operator Safety”
Tow truck operators perform valuable services, especially when motorists break down at the side of the road or become stranded in severe weather. Operators of these vehicles face unique risks in the commercial transportation industry; the tow truck and business assets as well as the property of others can incur expensive losses. Tow truck insurance … Continue reading “Insurance Requirements for Tow Truck Operators”
