Cargo News

Willis Marine Market Review Forecasts ‘Another Difficult Year’

After an inauspicious start, 2012 could well be “another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the euro zone, pirate attacks and increased sanctions,” according to Willis Global …

Louisiana Man Wins Great American Insurance Group’s “Big Rig”

A trucking company service manager from the New Orleans, La.-area has won a customized Peterbilt “big rig” in Ohio-based Great American Insurance Group’s annual giveaway. Todd Turner’s first trip to the Mid-America Trucking Show was more exciting than he could …

National Interstate Expands Transportation Program to Taxi Operations

National Interstate Insurance Co. has expanded its community & medical transportation (CMT) insurance program to include best-in-class fleet taxi operations. The product will be offered exclusively through National Interstate’s network of independent retail brokers. Originally launched in 2003, the CMT …

Rail Crossing Collisions Down in Louisiana

Officials with the Louisiana Highway Safety Commission say collisions at rail crossings in Louisiana fell in 2011from 106 in 2010 to 96 last year. The Louisiana Operation Lifesaver program also reported that deaths from such incidents fell from 13 to …

Texas Bus Inspections Get Lax Oversight Despite Crashes

Months after their state-certified vehicle inspection station was cited by federal authorities for failing to notice defects in a bus that crashed in North Texas, killing 17 passengers, brothers Alam and Cesar Hernandez shuttered their firm. But that didn’t mean …

Maritime Program Group Introduces Motor Truck Cargo Coverage

Maritime Program Group (MPG) has launched an exclusive motor truck cargo program along with North American Specialty Insurance Co., a member of Swiss Re. The program will focus on risks with 1 to 15 units though it has the capability …

Higginbotham Appoints Shell to Lead Transportation Insurance Unit

Texas-based independent insurance and financial service firm, Higginbotham, has appointed commercial insurance broker Jack Shell to develop its new transportation unit. Shell, hired in April 2011 at Higginbotham’s Houston branch office, has concentrated experience mitigating the exposures that characterize the …

Fine Arts Consortium Increases Capacity for 2012

Ironshore’s Pembroke Consortium has increased capacity to $116 million for 2012 to meet new demand, an expansion over the $105 million it offered in 2011. The increase in capacity comes as the organization closes its first year offering specialty fine …

Bill to Make Highways Safer on Fast Track in Missouri Senate

Legislation is on a fast track in the Missouri Senate to make the state comply with federal standards for commercial truckers and drunken driving sentences in an effort to avoid penalties that could dock tens of millions of federal road …

Grounded Cargo Ship Breaks Apart on New Zealand Reef

A cargo ship grounded off the New Zealand coast since October has split in two, spilling sea containers and debris and sparking fears of a fresh oil spill, maritime officials said Sunday. The wreck of the Greek-owned Rena was described …