#insurance-costs
(11 articles)TQL Wins Broker Liability Case: What Post-Montgomery Means
Total Quality Logistics secured a significant legal victory when a Colorado federal judge dismissed it as a defendant from a wrongful death lawsuit stemming from a June 2024 incident in which steel be
Broker Insurance Costs Triple Post-Montgomery: Industry Consolidation Looms
The freight brokerage industry faces a structural crisis in insurance costs following the May 2024 Montgomery Supreme Court decision, which eliminated liability protections that brokers had relied upo
AI Cameras Cut Fleet Accidents 20% While Reducing Insurance Costs
Dohrn, a Midwest LTL carrier with approximately 2,000 employees, has successfully deployed AI-powered dual-facing cameras across its entire fleet, resulting in a nearly 20% reduction in accidents. The
Nuclear Verdicts Threaten Trucking Industry: $86M Award, No Negligence
The trucking and logistics industry faces an unprecedented crisis rooted not in operational failure but in the unpredictable litigation environment. A Utah jury's decision to award an $86 million verd
C.H. Robinson $600M Verdict Threatens Brokerage Business Model
C.H. Robinson faces a $600 million nuclear verdict from Dallas County that extends far beyond the dollar amount, with potential structural implications for the entire freight brokerage industry. The j
Covenant Logistics Earnings Miss Despite Strengthening Market
Covenant Logistics reported weaker-than-expected Q2 earnings despite a strengthening freight market, causing its stock to plunge 11.2%. The company's underperformance reflects a deliberate strategic s
How Shippers Can Win Carrier Capacity in Today's Tight Market
The freight market has fundamentally shifted in carriers' favor after four years of headwinds, according to Covenant Transport's leadership. With capacity exiting the market due to regulatory pressure
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