Insurance Premium Finance Blog

DOE Awards $5 Million for Truck Platooning Project

Purdue University has received a $5 million grant from the U.S. Dept. of Energy to study fuel savings and vehicle-to-vehicle (V2V) communications for truck platooning. Industry partners in the three-year project, which is scheduled to start in March, include Cummins, Peterbilt Motors Co., ZF TMW and Peloton Technology.

Trump and Trucking: Here’s What to Expect

The Trump administration looks to offer the trucking business some badly needed road and infrastructure projects, but the industry will have to pay for the improvements, either through higher fuel taxes or tolls. That’s the assessment of analysts at FTR Transportation Intelligence, an industry research firm.

Uber Freight Will Bring Surge Pricing to the Trucking Business

With the quiet launch of Uber Freight, the ride-sharing giant takes aim at disrupting the massive industry of hauling stuff by 18-wheeler. Hardly a day goes by without a new headline from Uber. Today’s is a move that probably a lot of people have seen coming ever since Uber bought the self-driving-truck firm Otto: behold the soft launch of Uber Freight, a service that, Business Insider reports, aims to connect shippers and trucking companies in much the same way as the original Uber app connects riders and drivers.

New tractor-trailer emissions regulations unlikely to be affected by election

The fast-approaching Nov. 8 federal elections likely won’t disrupt the implementation of the recently finalized Phase 2 emissions regulations for tractor-trailers, set to be phased in over the next 10 years. The best odds for such a scenario are for Donald Trump to win the presidency and for Republicans to maintain control over both chambers of Congress, says Glen Kedzie, head of energy and environmental counsel for the American Trucking Associations.

Proposed Increase to Weight Limits

Changes to allow heavier trucks on our roadways may be on the way. Last Fall, a bill to allow tractor trailers to have as many as 6 axles (up from the current limit of 5) and to increase their maximum weight to 91,000 pounds (up from the current 80,000 limit).

Tips for Driving Your Rig in the Summer Months

Sure, A/C and a cold drink can make hot weather seem like nothing to worry about, but the sun and high temperatures can be dangerous both for you and your equipment. To help you stay safe this summer, we’ve put together some tips for what to do when the temperature rises.

The Rising Price of Fuel

Trucking companies should expect to see profits reduced in the near term, at least until new fuel surcharges can be implemented to keep pace with the jump in diesel prices over the past 90 days. The new national average is $2.27 per gallon, way up from $1.98 just 90 days ago. Because the demand for diesel has increased both in the United States and abroad, prices are expected to continue to rise.

Safely Navigating Railroad Crossings In Your Tractor Trailer

If you're a trucker, you've seen quite a few railroad crossings as you've made your way around the country. Statistics show that thousands of crashes occur each year between trains and vehicles at crossings. We've compiled a list of tips to help you ensure you and your rig cross the tracks as safely as possible.

Health Insurance for Truckers

Now that the Affordable Care Act has been in place for almost 2 years, we have been able to see how it has affected the trucking industry. Truckers are especially vulnerable to health issues because of the job - lack of exercise, irregular sleep, sitting for most of the day, and other factors can lead to becoming overweight, high blood pressure, stroke and other issues. Many owner operators who do not work for trucking companies are currently uninsured and paying penalties because of the ACA law, or are paying out of pocket for a policy. The good news is that over 75% of CDL drivers are eligible for tax credits that can help to reduce the cost of their insurance up to 50%!

Safes for Tractor Trailers

If you're on the road most days of the year, you're forced to carry valuables with you. Things like identification, cash, items that might hold sentimental value, electronics and the like. Leaving your rig at truck stops, restaurants or for a quick shower can leave your posessions vulnerable to theft. While there are many things you can do to keep your rig as safe as possible, the fact remains that break-ins do happen.

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