#insurance-costs
(10 articles)Trucking Operating Costs Surge 3.4% in 2025, Outpacing Inflation
The American Transportation Research Institute's 2025 annual operating cost survey reveals a trucking industry under significant cost pressure, with average operational expenses climbing to $2.336 per
Fleet Insurance Innovations Help Carriers Manage Rising Costs
Insurance premiums for trucking fleets have reached record levels, with carriers paying 10.2 cents per mile in 2024 and facing accelerated increases in early 2025. The rising costs reflect broader inf
Rising Trucking Rates Mask Deteriorating Economics
The trucking industry is experiencing a rate recovery in mid-2026, with spot rates running 15% above year-ago levels and the SONAR National Truckload Index climbing to $3.71. However, this apparent st
Nuclear Verdicts Surge 116%: Trucking Industry Faces Critical Cost Crisis
The U.S. trucking industry is experiencing a structural crisis driven by an unprecedented surge in high-value civil litigation verdicts. In 2024, nuclear verdicts—jury awards exceeding $10 million—rea
Iran Conflict Disrupts Global Supply Chains, Stock Impact Spreads
Middle East tensions stemming from Iran-related conflicts are creating immediate shocks across global supply chains, triggering stock market volatility and operational uncertainty for companies depend
SCOTUS Broker Liability Ruling Reshapes $800B Truckload Market
The U.S. Supreme Court's unanimous 9-0 decision in Montgomery v. Caribe Transport II has fundamentally altered the truckload brokerage landscape by eliminating federal preemption of state-law negligen
Supreme Court Broker Ruling Reshapes Freight Market Dynamics
A landmark Supreme Court ruling on freight broker liability is fundamentally reshaping the competitive landscape of the trucking industry. The decision widened liability exposure for brokers found neg
Supreme Court Ruling to Reshape 3PL Landscape, Boost Larger Brokers
The Supreme Court's unanimous ruling in Montgomery v. Caribe II fundamentally alters the liability landscape for freight brokers by removing protections previously afforded under the Federal Aviation
Trucking Insurance Crisis: Why Premiums Keep Rising Regardless
The commercial auto liability insurance market is experiencing a structural crisis that transcends individual carrier performance. Insurers have operated unprofitably for 14 consecutive years, forcing
Iran Conflict Disrupts Art Transport Routes, Shipping Costs Surge
Escalating geopolitical tensions in the Middle East are creating significant disruptions to established art transport and specialized cargo routes. The conflict between the US-Israel coalition and Ira