Last year, the transportation market experienced freight rates plummeting for the majority of the year. However, an economic sluggishness hit the market hard toward the end of 2019, bleeding [...]
Q2 2020: Transportation Market Update
Month: August 2020
Commercial Auto Insurers Suffer Biggest Losses in Decade
In a new report from AM Best, the commercial auto insurance sector’s underwriting losses sunk to $4 billion last year, representing the worst loss in 10 years. This major [...]