The Blog
Financial & Insurance Insights
Challenges in Talent Acquisition and Retention The failure to attract and retain top talent, which ranks eighth among risks, is a considerable challenge for the industry, distinct from the broader workforce shortage, ranked fifth. Many respondents from the sector have noted a shortage of skilled per
Former drivers and employees of Tony’s Express claim that financial mismanagement by new owner John Ohle caused the collapse of the 70-year-old trucking company. Tony’s Express, based in Fontana, California, ceased operations on March 28 after Ohle and others sent multiple text messages beginning on
Government Actions Against Truckers Protesting Vaccine Mandates The Canadian government has issued a warning that it will freeze the bank accounts and suspend the vehicle insurance of truck drivers who persist in blockading roads in protest of vaccine mandates. This declaration comes as the country
Nest Best Insurance Agency Unveils New Cost-Effective Trucking Insurance Program in California April 10, 2025 9:27 AM EDT | Source: PRNews OU Glendale, California–(Newsfile Corp. – April 10, 2025) – Nest Best Insurance Agency, a prominent provider of commercial trucking insurance, has launched a new
Dive Brief: Knight-Swift Transportation Holdings has announced it will discontinue its struggling third-party insurance service, which incurred a significant $71.7 million operating loss in the fourth quarter. This decision was communicated by President and CEO Dave Jackson during the company’s Q4 e
Nikola Corp. is dedicated to creating energy and transportation solutions focused on zero-emissions, particularly specializing in hydrogen-electric trucks. The company’s aim is to facilitate the transition for commercial clients to advanced truck technologies, along with establishing hydrogen fuelin
New Insurance Solutions for Used Commercial Vehicle Buyers Traditionally, buyers of used commercial vehicles faced challenges in securing insurance for their purchases, often relying on the selling company for recommendations on insurance agents. This situation has changed since February when Ryder
Nest Best Insurance Agency Unveils Cost-Effective Trucking Insurance Program in California Glendale, California–(Newsfile Corp. – April 10, 2025) – Nest Best Insurance Agency, a prominent provider of commercial truck insurance, has launched a new budget-friendly trucking insurance program tailored f
Challenges in the Transport and Logistics Sector Following unprecedented profits in 2022, the transport and logistics industry is now confronted with challenges stemming from declining prices and excess capacity. Despite these shifting market conditions, logistics companies are obligated to uphold t
