Within the last month alone of this current high-demand climate, 11,000 new trucking companies entered the market. But as industry veterans know, the margins for trucking companies are razor thin and the industry is accustomed to boom-and-bust cycles. One notorious expense that challenges the bottom line of new and smaller fleets is the surging cost of trucking insurance.
On a recent episode of WHAT THE TRUCK?!?, Lauren Meyer, director of client success at CarrierHQ, shared how her growing...
While dust settles around a tight and tense election and the just-in-time COVID-19 vaccine distribution plan is deep in the development stage, the often-overlooked small fleet owners are keeping their wheels turning in the rush of peak retail season.
Regardless of circumstance, small fleets remain frustrated by their spiking insurance premiums and are searching for ways to save significant money and increase cash flow.
Many of those fleets, which make up 97% of America’s transportation industry,...
https://www.freightwaves.com/news/new-insurance-program-rewards-safe-driving-with-savings-up-to-30