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When I was a young underwriter in the ‘80s, I recall insuring a fleet of dump trucks that had a really horrific accident. Their driver lost control and ran up on the sidewalk killing one and [...]

It’s become a cliché.  When events seem to conspire to produce bad results, we call it a “perfect storm.”  If you’re an owner-operator in 2022 you can probably relate.  Rising [...]

According to the all wise Internet, the origin of the phrase “on a slow boat to China” dates from the Great Depression when poker players used it to describe someone who was good at losing. The [...]

ALWAYS report ALL accidents.  Right? I realize in the real world very minor accidents causing damage to your truck or trailer that fall within your deductible do happen.  Should [...]

As long as trucks have shared the road with cars there have been serious accidents.  For most of that time relatively few have resulted in settlements greater than $1 million.  That’s [...]

If you are in the market for a used class 8 tractor or truck in 2021, be prepared to pay an average of 50% more than you would have a year ago.  That’s according to the May 27, 2021  [...]

What does it cost you to haul freight today?  According to the American Transportation Research Institute (ATRI) the average trucking cost in the US is $1.82 per mile.  If you’re an [...]

I want to talk about cargo insurance for a while.  Specifically, requests for endorsements you get from shippers that you really don’t need.  The scenario is typical.  You’re waiting to get [...]