Truck Insurance Blog

After a brutal two and a half years for truckers, there are signs that the industry is starting to rebound. According to a recent Fox Business article, freight capacity has dropped sufficiently to potentially lift freight rates. With a record number of trucking companies shutting down last year, it will [...]

As the nation continues to recover from the COVID-19 pandemic, the team at The Daniel & Henry Company wants to let our trucking industry partners know how deeply thankful we are for your services. When we feed and clothe our families, we know that a trucker played a role in [...]

    3 WAYS DASH CAMS CAN IMPROVE YOUR OPERATIONS With the technology available today, onboard cameras can not only be a useful training tool with live telematics but a way to defend companies and their drivers in court. With companies like SureCam and Lytx providing camera systems geared for the trucking industry, it [...]

For Motor Carriers seeking additional, free safety resources, the FMCSA recently released The Motor Carrier Safety Planner. This portal is designed for trucking company owners and safety managers and provides templates that can be used for training drivers on safety regulations. Login to your FMCSA safety portal using your DOT [...]

According to a recent Commercial Carrier Journal article, “Experts Share Strategies to Avoid ‘Death Spiral’ of Insurance Costs”,  trucking companies must be able to demonstrate in court that management deeply cares about their safety program. The article is a summary of the Omnitracs Users Conference on February 17, 2020, and [...]

While the economy chugs along at a brisk pace, the trucking industry continues to face substantial headwinds. A volatile freight rate environment led to a 300% increase in trucking company bankruptcies in 2019, including the sudden closure of Celadon, which made national headlines. Rising costs are a contributing factor, with [...]

 Coupled with a 300% increase in trucking company bankruptcies last year, this has caused a glut of four to five-year-old trucks hitting dealer and auction lots. According to recent industry statistics, used truck sales have fallen 18% in the past year, with 2013 – 2015 models being hit especially hard. [...]

  The American Transportation Research Institute (ATRI) recently released its annual “Critical Issues In The Trucking Industry” report. The driver shortage and hours of service remain top critical issues for most motor carriers. This year, the report identified insurance costs as an emerging trend. The report stated: “Since 2013, fleets [...]

  2019 may go down as the “Year of the Nuclear Verdict” in the trucking industry. According to this article from Freightwaves, a 540-unit hauler is ceasing operations after a $26.6 million judgement against it stemming from a rear-end collision where one of the company’s independent contractor drivers rear-ended and [...]

  One of the most important responsibilities a motor carrier has is to hire qualified drivers. This critical task, if conducted haphazardly or not performed at all, could have a negative ripple effect across the company and affect productivity, downtime, morale, expenses, and profitability. Due diligence should be given to [...]