Carriers with poor safety records are learning that insurance is a privilege not a right. They’re dealing with huge spikes in premiums, or worse, the bitter reality that no one will insure them.
Toronto-based Boxx Insurance has unveiled Cyberboxx to help transportation and logistics providers stay ahead of cyber threats – part of a broad series of industry-focused solutions. Cyberboxx delivers a real-time score to gauge the state of a company’s cyber exposure, […]
NIAGARA FALLS, Ont. – Todd Moore was playing hockey in Hamilton, Ont., when some guys came forward with 10 cases of Moosehead beer that had “fallen off a truck”. He knew exactly where it had come from, though. Everyone knew. The theft of two loads of beer in New Brunswick had been all over the news, complete with jokes about Moose being on the loose.
It was no joke to the career police officer, now president of Canadian Armed Robbery Training Associates.
All too many people turn a blind eye to the cost of cargo thefts, he said during a presentation to the Private Motor Truck Council of Canada. Contractors might see a cheap load of lumber as a way to cut costs, just like a chef who’s offered a deal on a load of beef that’s too good to be true. “People don’t see the significance. They say it’s ‘insurance’,” he admitted. “But everybody is paying.”
TORONTO, ON – Some Ontario fleets will see a bump in their Workplace Safety and Insurance Board (WSIB) premiums for 2018.
The rise in rates were announced at the group’s annual general meeting Set. 20, while WSIB also announced a drop in rates for other industries, totaling about $760 million combined for 2017 and 2018.
Warehousing is among those seeing a cut, with a 7.5% decrease in premium rates from $2.95 per $100 of insurable earnings in 2017, to $2.73 per $100 of insurable earnings in 2018. The rates for general trucking, couriers, and waste materials recycling, however, will go up.
Recent technical advances in the transportation sector, such as anti-lock braking systems, lane divergence sensors, and especially the evolution in dash camera technology, have focused not only on enhancing the overall driving experience but also on making our roads safer than ever before.
Nike wants a runner to complete a marathon in under two hours, but the target will involve more than the company’s swoosh-marked shoes. Other marathoners will take turns running in the controlled race, helping to optimize the aerodynamic conditions that can be leveraged by the record hopeful who will tuck in behind them. It’s not the only sport to leverage the pulling forces of “drafting”. The concept has been used everywhere from cycling’s Tour de France to the ovals of NASCAR. With the help of emerging technology such as adaptive cruise control and collision mitigation systems, trucking could be on the cusp of realizing the same techniques – using automatically set following distances in a process known as platooning.
NIAGARA FALLS, ON – Roads and highways can be a dangerous place. The World Health Organization says there were about 1.25 million road traffic fatalities around the world in 2013, notes David Gaskin, a loss control specialist with Aviva Canada. Canada records about six such fatalities per 100,000 people.
NIAGARA FALLS, ON – The questions surrounding autonomous vehicles are not limited to how such technology would actually work, and Rick Geller has identified a long list of related issues that have yet to be addressed.
KELOWNA, BC – So-called “uniform conditions” limit cargo losses to $2 per pound, but many carriers are exposed to higher losses than that, according to Michael Silva of Whitelaw Twinning Law Corporation.
BEER-SHEVA, ISRAEL — Researchers at Ben-Gurion University of the Negev have demonstrated that it’s possible to compromise a driver’s private information that has been stored in the cloud for insurance-based telematics, otherwise known as Usage-Based Insurance (UBI) programs. The programs […]
BRAMPTON, ON – Runaway jury verdicts over the last five years are hitting even the safest motor carriers, warns a New England transportation lawyer.
Brian Del Gatto, co-chair of Wilson Elser’s transportation, cargo and logistics practice, says that over the last five years he’s seen an average of six verdicts per year in excess of $10 million. In most of these cases, the plaintiff’s lawyer has nearly everything to gain, and almost nothing to lose, Del Gatto told guests at a customer appreciation day for Northbridge Insurance on Thursday.
TORONTO, ON — Raymond Mercuri has been named Energi of Canada’s vice president – loss prevention and safety.
KELOWNA, BC – Preparing for an accident is like a fire drill. Trucking companies must practice the sequence of events that need to be triggered immediately after a collision, so when it comes time for handling the real thing fleets can draw from their training, says a prominent U.S. trucking lawyer.
Bradford Hughes of Selman Breitman LLP, an L.A.-based law firm, explained to the British Columbia Trucking Association’s annual general meeting that fleets only get one chance to get the incident’s first report right, and fleets can learn the hard way if they don’t put their insurance carriers on notice quickly enough following an accident.
“Some people say they don’t know how to respond because it hasn’t happened to them, and they don’t plan on it happening to them. But If you have just one power unit, it’s a risk that you run,” says Hughes, who serves as chair of the firm’s trucking and transportation practice group. He also manages the firm’s 24-hour emergency response accident team.
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