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Financial & Insurance Insights
The issue of fraud has gained significant attention within the transportation sector recently, particularly affecting the insurance industry. According to Joseph Petrelli, president of Demotech, there has been a troubling increase in fraudulent and baseless insurance claims. Petrelli noted that “Opp
On February 3, 2025, the Nevada Legislature saw the introduction of Senate Bill 180 (SB180) by unidentified sponsors. This proposed legislation aims to overhaul the regulatory framework governing the commercial trucking and insurance sectors within the state. SB180, presented during the 83rd legisla
Stifel Reassesses Trucking Industry On Thursday afternoon, David G. Ross, a transportation equities analyst at Stifel Financial Corp., announced the firm’s renewed focus on tracking the trucking industry. He provided insights on several companies including HUB Group, Marten, Knight-Swift, and Daseke
For businesses utilizing semi-trucks, securing the right insurance is essential. This applies whether you’re an independent trucker, an owner-operator of a trucking business, or your company owns or leases semis for transporting goods. If you transport goods across state lines for hire, you must hav
Dubuque, IA, December 21, 2016 Cottingham & Butler, a prominent insurance brokerage firm ranked nationally, has announced its acquisition of Burnett Insurance Corporation based in Little Rock, AR. This deal will take effect starting January 1, 2017. About Burnett Insurance Corporation Burnett Insura
What Is the Transportation Sector? The transportation sector encompasses various companies that offer services for moving people and goods, in addition to the necessary infrastructure. According to the Global Industry Classification Standard (GICS), transportation is categorized as a sub-sector of t
The Changing Landscape of the Truck Industry As Bob Dylan famously said, “The times they are a-changin’,” and this sentiment rings especially true for the trucking sector. Evolution of Delivery Processes The traditional, labor-intensive methods of package delivery have now evolved. Trucking companie
Ryder trucks on the road. (TT File Photo) [Stay updated on transportation news: Get TTNews in your inbox.] Ryder System Inc. Introduces New Insurance Services Ryder System Inc., a company specializing in supply chain solutions, dedicated transportation, and commercial fleet management, has announced
Incident Overview In December 2011, Seattle media outlets covered a strange incident involving a mattress and a three-car collision. A couple—comprising a man and a woman—had not fastened their mattress securely on their SUV. While driving along I-5, the mattress broke free and fell into the center
