What’s behind rising insurance costs?

When carriers think of operational costs, what comes to mind is typically driver wages and benefits, fuel costs, repairs and lease payments. Trucking insurance costs, however, have crept higher over the better part of the last decade and are a growing, yet controllable, expense for carriers. 

According to the American Transportation Research Institute’s (ATRI) Operational Cost of Trucking report, truck insurance premiums have risen from 6.4 cents per mile in 2013 to 8.8 cents per mile in...


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