Latest Trucking Headlines
All the headlines from our Trucking Topic Page, ordered by recency.
Russia’s Largest Cargo Airline Ordered to Pay Aircraft Lessor BOC Aviation $406.2M
Apr 12 2023 // /A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after being declared in default on leases for three Boeing 747-8 freighters following...
Markets/Coverages: Insurtech Parsyl Launches $20M Lloyd’s Consortium for Perishable Cargo
Apr 5 2023 // Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London. The multi-year arrangement initially will bring $20 million in new capacity to...
U.S. Senate Majority Leader Urges Federal Safety Probe Into All Major Freight Railroads
Mar 16 2023 // U.S. Senate Majority Leader Chuck Schumer on Wednesday urged a federal investigation into safety practices of all seven major freight railroads, following the East Palestine, Ohio derailment of a Norfolk Southern Corp....
20 Cars of Norfolk Southern Cargo Train Derail in Ohio
Mar 7 2023 // SPRINGFIELD, Ohio (AP) – About 20 cars of a Norfolk Southern cargo train derailed near Springfield Saturday evening, the second derailment of the company’s trains in Ohio in a month, officials said. But unlike...
Mitigating Risk in the Growing Battle Against Cargo Theft
Mar 2 2023 // This post is part of a series sponsored by IAT Insurance Group. Cargo theft remains a prominent threat to the transportation industry. In one high-profile case in 2022, three Florida men stole approximately $9 million...
Ukraine to Set Up $500M Insurance Fund for Cargo Ships Entering Ports
Feb 24 2023 // Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister Oleksandr Kubrakov said on Friday, as Kyiv tries to boost exports that are vital for its war-hit...
Shipping Industry Grapples With Ways to Cut Cargo Fires at Sea
Feb 22 2023 // Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers or in cars at sea, officials said on Wednesday. Shipping transports around 90% of...
Freight Truck, Express Bus Crash in Upstate New York Kills 6, Injures 3: Officials
Jan 30 2023 // LOUISVILLE, N.Y. (AP) — Six people died in upstate New York when a freight truck and an express bus carrying more than a dozen people collided Saturday near the U.S.-Canada border, state police said. Three others were...
Sentry Teams Up With Motive For Commercial Trucking Telematics Program
Jan 25 2023 // Sentry Insurance, a leading provider of commercial trucking insurance, has announced a telematics program with Motive that will give customers up to 5% on their Sentry premiums for sharing their electronic logging device...
People Moves: Chubb Global Mkts Promotes O’Brien to Head of Cargo; AXIS Promotes Maher to Head of Cyber and Technology, London
Dec 9 2022 // Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty...
Coast Guard Blames Pilot for Cargo Ship Grounding in Chesapeake Bay in March
Dec 8 2022 // A Coast Guard investigation into the grounding in March of a cargo ship in the Chesapeake Bay faulted the pilot tasked with helping the ship navigate the waterway, saying he relied too much on one piece of equipment to...
California Trucking Firm Owner Sentenced in Deadly Blast
Dec 5 2022 // A Southern California trucking company owner who ordered the illegal repair of a tanker that led to a deadly explosion was sentenced last week to 10 years in federal prison. Carl Bradley Johansson, 64, of Newport Beach...
Facebook Accused by Female Truckers of Skewing Job Ads
Dec 2 2022 // Meta Platforms Inc. unlawfully steered dozens of hiring ads from trucking companies and other advertisers to mostly one gender or age group, an advocacy group for female truckers alleged in a U.S. complaint on Thursday,...
Dept. of Transportation Declares Texas Motor Carriers to be Imminent Hazard to Public Safety
Nov 22 2022 // The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has declared Texas Interstate Express and PAC Express LLC related motor carriers located in the Houston area, to be an...
Moving and Storage Businesses: Heed FMCSA Clearinghouse Requirements to Reduce Drug and Alcohol Violations
Nov 18 2022 // This post is part of a series sponsored by IAT Insurance Group. Drug and alcohol violations have increased by 10.2% for truckers,[1] making it more important than ever for motor carriers to utilize the Federal Motor...
On the Road: Tough Trucking Market Brings Challenges, Opportunities for Specialists
Nov 7 2022 // The demand for transportation services remains strong and experts believe that trend will continue throughout 2023. That’s good news for transportation insurance experts. At the same time, the trucking sector today...
Lloyd’s Insurer Ascot Resumes Quoting Cargo Insurance for Black Sea Grain Shipments
Nov 2 2022 // Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor, the facility’s lead underwriter said on Wednesday after Russia announced it would resume...
Illinois Trucking Company to Pay $259K Over Clean Water Act Violations
Nov 2 2022 // The U.S. Environmental Protection Agency announced a settlement with Petroff Trucking Company, Inc., for an alleged violation of the Clean Water Act. The company has agreed to purchase and secure 15.5 wetland acres to...
Insurers Stop Offering Cargo Insurance for Ukraine Grains Shipments: Sources
Nov 2 2022 // Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after Russia suspended its participation, industry sources said on Tuesday. An export deal, agreed...
Markets/Coverages: Liberty Specialty Markets Launches Project Cargo Consortium at Lloyd’s
Oct 13 2022 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance’s Global Risk Solutions division, announced the launch of a new Lloyd’s facility for the London market. The Liberty Project Cargo Consortium...
