Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
Burnt-Out Cargo Ship With Luxury Cars Sinks Off Portugal’s Azores
Mar 1 2022 // LISBON — A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire, a port official said. Joao...
VW Fears Most of Its Cars on Cargo Ship ‘Felicity Ace’ Are Beyond Salvage
Feb 26 2022 // Volkswagen AG has lost hope that many of its roughly 4,000 vehicles aboard a cargo ship that caught fire last week in the Atlantic can be saved. The automaker’s brands and dealers have started notifying customers...
Insurance Technology: Nationwide Sponsors Homecare Robots; Trucker Platform Nirvana Raised $25M; DealerPolicy Rebrands as Polly; Dent.co Aids Auto Repairs
Feb 25 2022 // Nationwide Sponsors Labrador Retriever Robot Giant insurer Nationwide is partnering with an early-stage robotics company, Southern California-based Labrador Systems, on a multi-state pilot program with the Labrador...
Canada’s Trucker Protests Cost Businesses Tens of Millions in Lost Sales
Feb 25 2022 // A three-week long protest in Canada against pandemic measures that snarled trade and shuttered Ottawa’s core likely cost billions in trade delays, tens of millions in lost sales for businesses, and left behind a...
Fundamental Underwriters Expands Commercial Trucking Product Into Three More States
Feb 22 2022 // Fundamental Underwriters, a specialty managing general underwriter, announced today that it would expand its mid-market commercial trucking insurance product offerings into three additional states – Louisiana, Michigan...
Porsches and Lamborghinis Lost at Sea in Cargo-Ship Fire Could Cost $155 Million
Feb 22 2022 // The cargo ship that caught fire last week carrying about 4,000 Volkswagen AG vehicles could cost the automaker at least $155 million, according to one consultant’s estimate. Of the roughly $438 million total value of...
Canada’s Crackdown on Trucker-Protest Funding May Be Challenge for Insurers, Banks
Feb 18 2022 // Canada roped in banks to help cut funding to protesters against COVID-19 mandates this week, but the requested speed and broad scope of the measures leaves financial institutions to their own devices in enforcing most of...
Markets/Coverages: WTW Partners With Falvey Cargo on Cyber; Boost and Breach Offer Crypto Wallet Cover; Umbrella From Distinguished Programs Serves Real Estate, Community Associations
Feb 16 2022 // WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey Cargo Underwriting on an affirmative cyber coverage product for cargo and...
Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik
Feb 11 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a cargo insurance administration and analytics platform. Cargo insurance policies have...
Markets: Liberty Mutual Covers ‘Last Mile’ Delivery; Roamly Serves RV Rental Firms; Next Targets Auto Repair Industry
Feb 10 2022 // Liberty Mutual Motor Cargo Product Serves ‘Last Mile’ Delivery Market Liberty Mutual Insurance has launched a motor cargo product to serve the emerging last mile and gig economy delivery segments, including the...
Relation Acquires Georgia-based Allen, a Trucking Insurance Specialist
Jan 19 2022 // California-based Relation Insurance Services has reached across the country to acquire trucking industry specialist Allen Insurance Group, headquartered in Georgia. Based in Fort Valley, Georgia, Allen offers commercial...
Yemeni Fighters Hijack UAE-Flagged Cargo Ship, Saudi-Led Military Coalition Says
Jan 3 2022 // Yemen’s Houthi fighters hijacked a United Arab Emirates-flagged cargo ship off the coast of Yemen on Sunday night, according to a Saudi Arabia-led military coalition that’s battling the rebel force. The vessel,...
Minnesota Trucking Company to Pay $500,000 Settlement over Sex Discrimination Lawsuit
Dec 9 2021 // Stan Koch and Sons Trucking, based in Minneapolis, will pay $500,000 and furnish other relief to settle a sex discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission. According to the EEOC’s...
Safety Advocates Are Worried As Teen Truckers Hit the Road
Dec 3 2021 // Dezjion Henson has wanted to be a truck driver his whole life. When he turned 18 last year he jumped at the chance and signed on as an apprentice with Total Transportation of Mississippi, LLC in Richland,...
Cargo Theft Cases Down in Q3 Compared to Highs of 2020: CargoNet
Nov 16 2021 // There were 359 supply chain theft and fraud incidents across the United States and Canada in the third quarter of 2021, according to CargoNet. They included 294 total theft incidents that involved theft of a trucking...
Report Says Long-Haul COVID Cases Could Affect Workers For Months
Nov 9 2021 // Just as COVID-19 infections nationwide appear to be on the decline, employers and workers’ compensation insurers need to be prepared for a sobering reality: Studies suggest that 10% to 30% of those who had only mild...
U.S. Trucking Sector Struggles with Rising Rates, Driver Shortage
Nov 1 2021 // U.S. commercial auto insurers continue to face disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery, according to a Standard & Poor’s Global Ratings...
Suit Claims Trucker in Pennsylvania Crash Wore Noise-Canceling Headphones
Oct 28 2021 // Victims of a crash on the Pennsylvania Turnpike that killed five people and hurt nearly all the dozens of passengers on a bus nearly two years ago claim in a lawsuit that one of the drivers was wearing noise-canceling...
Final Chunk of Wrecked Cargo Ship Awaits Removal off Georgia Coast
Sep 29 2021 // The final chunk of a cargo ship that capsized two years ago along the Georgia coast is awaiting removal from the water. Salvage crews have worked since November to cut the South Korean freighter Golden Ray into eight giant...
Dallas Trucking Company Sued for Disability Discrimination
Sep 24 2021 // A Dallas-based trucking company violated federal law when it refused to hire applicant after learning he had taken medical leave at a previous job, according to a lawsuit filed by federal employment officials. Stevens...
