Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
99-Year-Old Yellow Trucking Company Shutting Down, Headed for Bankruptcy
Aug 1 2023 // Nashville-based trucking company Yellow Corp., just shy of its 100th birthday, has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of...
Train Derailment in Northern Montana Spills Freight
Jul 24 2023 // A train derailment in northern Montana spilled freight and left 25 cars tangled up along a major east-west railroad corridor but caused no injuries. The accident comes less than a month after a railroad bridge collapse in...
Markets/Coverages: Insurtech Loadsure Launches Ocean Cargo, Stock Throughput Cover
Jul 21 2023 // Insurtech Loadsure announced the launch of digital ocean cargo and stock throughput insurance products: “Danube – Dynamic Ocean Cargo Insurance” and “Huron.” Loadsure described the products as...
Ukraine Cargo Insurance Policy Suspended After Russia Quits Grain Deal: Marsh
Jul 18 2023 // A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit the United Nations-backed agreement, broker Marsh said on Tuesday. Moscow has withdrawn...
Freight Train Derails in Pennsylvania; No Injuries or Hazard Reported
Jul 18 2023 // A freight train derailment in southeast Pennsylvania early Monday spurred precautionary evacuations, but officials said no injuries were reported and there was no known hazard to the public. The 40-car CSX train, which was...
People Moves: Romeo to Lead Axis US Marine Cargo Launch; Verisk Names Vaughan Chief Privacy Officer; Pelissier Joins Alliant Specialty as SVP
Jul 13 2023 // Axis Capital Holdings Limited said Frank Romeo will lead the company’s entry into the US marine cargo insurance market. Romeo is responsible for building the program and identifying growth opportunities, with a...
Cargo Ship Fire in New Jersey That Killed 2 Is Extinguished After a Week
Jul 13 2023 // Crews extinguished the intensely burning fire aboard a cargo ship docked in New Jersey after nearly a week and are now beginning their investigation into the blaze that killed two firefighters, officials said...
Two New Jersey Firefighters Died Battling Fire on Cargo Ship Carrying 5,000 Cars
Jul 7 2023 // Two firefighters were killed battling a blaze that began when cars caught fire deep inside a cargo ship carrying 5,000 cars at a New Jersey port, Newark`s fire chief said Thursday. Responding firefighters found five to...
People Moves: Hearn to Step Down as Inver Re’s CEO; TMK Taps Munich Re’s Partridge as Cargo U/W in London; Chubb Names Mostert South Africa Country President
Jul 5 2023 // This edition of International People Moves details executive changes and appointments at Inver Re, Tokio Marine Kiln and Chubb. A summary of these new hires follows here. Hearn to Step Down as Inver Re’s CEO Inver...
Ransomware Attack Hits Japan’s Biggest Port, Disrupting Cargo Shipments
Jul 5 2023 // Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments. Ransomware — used by hackers to lock access to files or...
Firefighters Struggled to Identify the Toxic Freight in Ohio Train Derailment, Chiefs Say
Jun 26 2023 // OMAHA, Neb. (AP) – Firefighters who responded to February’s fiery train derailment in Ohio struggled to immediately identify the hazardous chemicals the train was hauling due to a lack of communication from the...
NC Supreme Court: Injured Trucker Due Benefits, Despite Tardy Claim
Jun 20 2023 // An injured truck driver described as “pretty tough” by her doctor after she finally sought treatment more than a year after a back injury was eligible for total temporary disability benefits despite the late...
High Definition Vehicle Insurance Expands Commercial Trucking Product Into Oklahoma
Jun 15 2023 // High Definition Vehicle Insurance, a commercial auto insurance provider, launched its insurance products for commercial trucking fleets in Oklahoma, effective July 1. HDVI used approximately 3.5 billion miles of telematics...
Federal Regulators Promise Safety Review at all the Major Freight Railroads
Jun 12 2023 // The Federal Railroad Administration recently completed a review of Norfolk Southern’s safety culture in the wake of the February’s fiery derailment in Ohio, and officials plan to follow up with similar...
No Chemicals Aboard 9 Freight Railcars That Derailed in Pennsylvania
May 12 2023 // Nine railcars from a Norfolk Southern freight train derailed in Pennsylvania, with no hazardous chemicals on board and no reported injuries, fire department and company officials said. The derailment happened late...
About a Dozen Freight Train Cars Derail South of Chicago
Apr 21 2023 // BLUE ISLAND, Ill. (AP) – About 15 cars of a freight train derailed Wednesday night just south of Chicago. No injuries or leaks were reported and no hazardous materials were involved in the derailment around 9:30 p.m....
Texas Freight Train Collision Injures 2
Apr 18 2023 // CHICO, Texas (AP) – A train collision and subsequent derailment injured two rail employees in Texas, according to a company official. A Union Pacific freight train collided with an unoccupied train that was parked on...
Cleanup Underway After Freight Train Derailment, Fire in Maine
Apr 18 2023 // SANDWICH ACADEMY GRANT TOWNSHIP, Maine (AP) – Railway owner Canadian Pacific Kansas City is leading cleanup and track repairs following a freight train derailment and fire in Maine that sent three railway workers to...
How Generative AI Could Steer Commercial Trucking Insurance in New Direction
Apr 17 2023 // Generative AI is the next big technology trend in just about every industry. But for such a people-centric industry, how will ChatGPT, DALL-E 2 and Bing AI truly impact the insurance sector? Just ask ChatGPT, as some...
Federal Law Preempts Stolen Cargo Claim by Insurer Against Florida Transport Broker
Apr 14 2023 // Landstar Ranger, a transportation broker based in Jacksonville, sent a truck driver who called himself “James” to pick up cargo in Colorado for delivery to Maryland. A dispatcher authorized the pickup even...
