The coronavirus disruption to the economy last year and subsequent recovery have negatively hit freight modes, and the freight sector faces a challenging outlook heading into the rest of [...]
Freight Sector Outlook 2021
Transportation
Q2 2020: Transportation Market Update
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 [...]
2020 Transportation Market Developments
It’s safe to say that the world of transportation companies has changed in recent years. Through a mix of supply and demand, technological advancements, international trade and the revamped [...]
Winter Risk Management in the Transportation Sector
Winter weather can wreak havoc on highways, railroads, and shipping channels, promoting some significantly unique challenges in the world of freight and transportation. Poor driving conditions, freezing weather conditions, [...]
The Latest Trucking Insurance Market Challenges
The truck driver shortage in the United States is making trucking companies and suppliers nervous as the number is expected to hit 100,000 by 2025. In recent years, the [...]
Transportation Insurance: State of the Market
Changes in the insurance transportation marketplace are coming in 2019 and beyond. There are many different factors that are playing pivotal roles in changing the entire landscape and upending [...]
What Kind of Insurance Should Food Delivery Drivers Have?
It’s no secret that we as a society, especially as consumers, are glued to our phones. In fact, a recent survey of 2,000 Americans showed that we check our [...]
How Blockchain Technology Could Change the Transportation Industry
Cryptocurrency, still in its infancy, is starting to bleed into various industries and become a new player in the world of finance. Entities like Bitcoin have come on to [...]
What is a Waiver of Subrogation and When Should It Be Used?
As for any and all contracts that need to be signed for professional services, everyone involved should understand the consequences of each clause. While this may sound like basic [...]
The Most Important Endorsements for Transportation Insurance
There are many potential risks for transportation companies in today’s trucking climate. In recent years, fatalities between big rig shipping trucks and commuter vehicles have been on the rise, [...]
