"For-Hire Trucking: The Risky Road Ahead" Webinar
The American Transportation Research Institute's annual report showed lawsuit abuse reform reached its highest position in 20 years of industry surveys.
Insurers are developing new insurance products specifically aimed at helping mid-size trucking operations, breaking from the traditional focus on large fleets.
The trucking industry faces a critical shortage of approximately 60,000 drivers, according to American Trucking Association projections. This shortage is expected to worsen to 160,000 by 2030 as freight demands increase and aging drivers retire.
Advanced driver assistance systems and safety technologies are fundamentally changing how insurers assess risk in the trucking industry.
California has mandated that all new trucks sold in the state must be zero-emissions by 2045, leading the way in environmental regulation. This landmark legislation signals a broader shift toward sustainable transportation.