Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
An End of an Era: AB 5 and What It Means for Motor Carriers and Their Independent Contractors
Oct 7 2022 // This post is part of a series sponsored by IAT Insurance Group. For the last two-and-a-half years the entire nation has been tracking California Assembly Bill 5 (AB 5), which changed the definition of who is considered an...
People Moves: Arch Ins. Int’l Names Lockton’s Stallard as Cargo U/W; Beazley Hires van Ommeren as Financial Lines U/W; Aon Reinsurance Taps Sompo’s Shedden for Analytics
Oct 6 2022 // This edition of International People Moves details appointments at Arch Insurance International, Beazley, and Aon Reinsurance Solutions. A summary of these new hires follows here. Arch Insurance Int’l Names...
Pay-As-You-Go Cargo MGA Closing Insurance Protection Gap for Shippers
Oct 4 2022 // After many years working as a freight and logistics broker in the London market, Johnny McCord understood where the freight industry’s “pain points” were and thought technology and artificial intelligence...
Insurers Ask Court in New York to Seize, Sell Vessel to Pay $39M in Cargo Losses
Sep 29 2022 // More than 30 insurers that have paid an estimated $39 million in lost cargo claims, along with cargo owners without insurance, have asked the courts to seize and sell the Japanese vessel ONE Apus to cover their claims. The...
RB Jones Acquires ‘Smart’ Ocean Cargo Business From Corvus
Sep 21 2022 // Specialty risk broker RB Jones announced its marine and energy division has acquired the Smart Cargo Insurance business from Boston-based managing general agent Corvus Insurance. The Corvus ocean cargo product offers an...
Georgia Shrimpers, Businesses File Suits Over Capsized Cargo Ship Pollution
Sep 13 2022 // Fishermen, shrimpers and business owners dependent on coastal tourism have filed lawsuits over pollution caused when a cargo ship capsized off the Georgia coast in 2019. The two federal lawsuits filed last week in Georgia...
Illinois Trucking Repair Company Fined $326,000 for Workplace Hazards
Sep 9 2022 // A 48-year-old worker entered a tanker-trailer in Lemont, Illinois to inspect it as part of an annual U.S. Department of Transportation requirement and was overcome from exposure to bleach and chlorine gas. The worker was...
Cargo Ship Beached After Collision in Bay of Gibraltar
Sep 1 2022 // Gibraltar authorities said Tuesday that a cargo ship has been beached to prevent it from sinking after it collided with a liquefied natural gas carrier in the Bay of Gibraltar. A government spokesman said that the...
Trucker Whose Dislodged Tire Killed Trooper Fined $15,000
Aug 23 2022 // A truck driver who admitted responsibility in the death of a Maine state police detective who was struck by a dislodged tire has been ordered to pay $15,000 in fines. Scott Willett of Patten, will also have his...
Japanese Chemical Tanker Crashes Into Cargo Ship off Coast of Japan
Aug 22 2022 // A Japanese chemical tanker ship crashed into a cargo ship off the coast of southwestern Japan, the coast guard said Saturday. No one was injured among the six Japanese crew members aboard the tanker Ryoshinmaru and 14...
Wife of Former Texas Trucking Magnate Charged in Workers’ Comp Fraud Scheme
Aug 12 2022 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced last week that Francis Hall, the former co-owner of Bill Hall Jr. Trucking turned herself into Bexar County authorities. There had...
London Insurance Sector Readies $50M Ukraine Grain Cargo Cover
Aug 4 2022 // The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may need up to $50 million of insurance cover per cargo, industry sources involved said on...
Freight Broker Sues Liberty Mutual for ‘Excessive’ Work Comp Premiums
Jul 29 2022 // An Illinois freight broker has filed a lawsuit accusing Liberty Mutual of overcharging it by demanding payment of workers’ compensation premiums for independent contractors who are ineligible for benefits. Virnich...
Markets/Coverages: Openly’s New Homeowners Carrier; Neptune Flood, SIAA Partnership; MiKargo247 Launches for Per-Load Freight
Jul 26 2022 // Openly Starts Openly Insurance Company, a Licensed Homeowners Insurance Carrier Openly announced the launch of the Openly Insurance Company, a homeowners insurance carrier licensed in 17 states. Openly had formerly...
Digital Trucking MGA Koffie Raises $11M, Eyes Expansion to 10 States
Jul 20 2022 // A Brooklyn, New York-based managing general agency for the trucking and transportation sector has closed an $11 million Series A funding round, bringing the company’s total funding to date to $15.5 million. The round...
Crashed Ukrainian Cargo Plane Carried Shipment of Ammunition for Bangladesh
Jul 18 2022 // Ukrainian foreign ministry officials on Sunday traveled to inspect the site where a Ukrainian cargo plane crashed overnight in northern Greece, en route from Serbia to Jordan and on to Bangladesh. The envoys will help...
California Throws 70K Truckers in Gig-Work Legal Limbo, Risking Supply Chains
Jul 11 2022 // About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed US supply...
People Moves: Lloyd’s Europe Hires Heugues From Ageas as Chief Underwriter; Parsyl Staffs London Marine Cargo Office
Jul 8 2022 // Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July. He will be responsible for overseeing underwriting, delegated authority management, claims and the...
Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO
Jun 20 2022 // Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western insurers withdrew cover. Western insurers halted...
Insurtech MGA Loadsure Offers Smart Annual Cargo Insurance
Jun 7 2022 // InsurTech MGA Loadsure announced the launch of its new smart annual cargo product, Cargo Plus. The new offering is an annualized ocean cargo product that will deliver the financial convenience of a pay-as-you-go policy...
