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Truckers Struggle As Insurance Costs Near Crisis Levels

A sharp rise in insurance rates is forcing truck companies to accept more risk as well as incur higher operating costs. The problem could reach crisis levels before long, some observers say, and may even push some truckers out of business.

Daniel P. Bearth | Staff Writer
May 31, 2000
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Is It Time for Rebound of Risk Retention Groups?

One of the legacies of the great insurance crisis in the mid-1980s was passage of the Liability Risk Retention Act of 1986, which led to the formation of hundreds of risk retention and insurance purchasing groups.

Daniel P. Bearth | Staff Writer
May 31, 2000
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Smile! Your Safety Record Is Online

The availability of vehicle inspection and accident data on the Internet from the Federal Motor Carrier Safety Administration is beginning to play a bigger role in determining who qualifies for insurance coverage.

Daniel P. Bearth | Staff Writer
May 31, 2000

Truckers Struggle As Insurance Costs Near Crisis

A sharp rise in insurance rates is forcing truck companies to accept more risk as well as incur higher operating costs. The problem could reach crisis levels before long, some observers say, and may even push some truckers out of business.

Daniel P. Bearth | Staff Writer
May 30, 2000

Ryder Shareholders Reject Sale Idea

Shareholders of Ryder System soundly rejected a proposal to put the company up for sale. They also voted down a proposal to require the annual election of all directors — a measure the current board opposed.

Daniel P. Bearth | Staff Writer
May 18, 2000

American Trans-Freight Buys Redwood TL

American Trans-Freight has purchased the truckload division of Redwood Systems, a contract logistics unit of Consolidated Freightways Corp.

Daniel P. Bearth | Staff Writer
May 18, 2000
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New CEO Primes Pump At Quality Distribution

When Thomas L. Finkbiner joined Norfolk Southern Corp. as head of intermodal marketing in 1987, he told his railroad colleagues that to be successful, they had to think more like truckers.

Daniel P. Bearth | Staff Writer
May 17, 2000
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Overnite, Union Find Large Themes In Six Months of Strike Action

As the Teamsters strike against Overnite Transportation Co. passes its sixth month, both sides appear to be reaching out to the public for support of their positions.

Daniel P. Bearth | Staff Writer
May 17, 2000

Overnite, Teamsters Appeal to Public

As the Teamsters strike against Overnite Transportation Co. passes its sixth month, both sides appear to be reaching out to the public for support of their positions.

Daniel P. Bearth | Staff Writer
May 16, 2000
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KLLM Board Asks For Final Offers

Two groups bidding to acquire KLLM Transport Services, the nations’ fifth-largest refrigerated carrier, last week agreed to submit binding offers to a special committee of the board of directors on May 5.

Daniel P. Bearth | Staff Writer
May 10, 2000