Tagged: TransportInsurance
Three more participants in a Louisiana insurance ring, dubbed Operation Sideswipe — that targeted heavy-duty commercial trucks — pleaded guilty in June, according to the U.S. Department of Justice. One of the three is anโฆ
A truck driver who used his semi truck to stop a fleeing alleged murderer said his insurance claim has been denied, leaving him in a tough position financially. The incident happened on the evening ofโฆ
U.S. Rep. Jesus โChuyโ Garcia (D- Ill.) has introduced legislation to ensure minimum insurance requirements for motor carriers are periodically adjusted to the inflation rate of medical costs. The proposed legislation, titled the INSURANCE Actโฆ
Feds Charge 11 with staging crashes following a widespread investigation into staged crashes targeting truckers and their insurance companies. In late August, the U.S. Attorneyโs Office Eastern District of Louisiana announced that 11 people hadโฆ
One large trucking company recently renewed its insurance coverage at a lower cost than it paid in 2019. In 2020, that statement is as implausible as it gets when it comes to trucking insurance, butโฆ
Several homes were evacuated earlier this year after a semi-truck tanker overturned near Williamsburg, Ky.,and leaked 5,000 gallons of highly flammable butyl acrylate onto the railroad tracks below. Several agencies responded to the incident, includingโฆ
For independent trucking operators, the largest chunk of their insurance costs is liability coverage, which pays for injuries and property damage from a wreck. For over-the-road drivers, the Federal Motor Carrier Safety Administration (FMCSA) requires
Fleetwood Transportation, a Texas-based flatbed and oil-field truckload carrier, closed its operations Jan 2. The company cited rising insurance costs as the primary reason for the closure. The carrier had 252 trucks, 673 trailersโฆ
Insurance premiums for long-haul trucks and trucking companies have increased dramatically in the past few years, doubling from an average between $6,000 and $7,000 in the beginning of the decade to between $12,000 and $14,000โฆ
There are more than 1.5 billion tons of hazardous materials (hazmat) transported each year in the United States either by truck, train, boat or aircraft, according to U.S. Department of Transportation and Commerce. Many federalโฆ