https://site-97317035.bcvp0rtal.com/detail/video/6365647134112/1.-lawsuit-concerns-at-all-time-high-for-for-hire-trucking 2024-12-06T20:42:32.955Z https://cf-images.us-east-1.prod.boltdns.net/v1/static/819002453001/b7d9bcae-7de9-4921-9401-a35bf545ed3d/60c3163f-7653-4710-9a54-2b43f93132ea/1280x720/match/image.jpg 1. Lawsuit Concerns at All-Time High for For-Hire Trucking The American Transportation Research Institute's annual report showed lawsuit abuse reform reached its highest position in 20 years of industry surveys. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365647134112 51 2024-12-06T19:45:43.366Z Highlights https://site-97317035.bcvp0rtal.com/ https://site-97317035.bcvp0rtal.com/detail/video/6365645985112/2.-new-jersey-sets-precedent-with-insurance-requirements-for-trucking 2024-12-06T20:42:32.955Z https://cf-images.us-east-1.prod.boltdns.net/v1/static/819002453001/77052a4e-5fa2-4771-ba21-d518fbf2e738/32d59701-6023-4686-8666-7820c4ae1f77/1280x720/match/image.jpg 2. New Jersey Sets Precedent with Insurance Requirements for Trucking In a groundbreaking move, New Jersey became the first state to raise minimum insurance requirements for auto carriers to $1.5 million. This change effectively doubles the FMCSA requirement and raises questions about whether other states will follow. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365645985112 26 2024-12-06T19:45:43.123Z Highlights https://site-97317035.bcvp0rtal.com/ https://site-97317035.bcvp0rtal.com/detail/video/6365646747112/3.-nuclear-verdicts-drive-industry-wide-cost-increases-for-trucking 2024-12-06T20:42:32.955Z https://cf-images.us-east-1.prod.boltdns.net/v1/jit/819002453001/bd0aea5f-77e5-4c57-b1cc-c41ab8c5c9bd/main/1280x720/26s5ms/match/image.jpg 3. Nuclear Verdicts Drive Industry-Wide Cost Increases for Trucking Medical costs have skyrocketed, substantially increasing claims expenses even for basic incidents like broken bones. This cost escalation has prompted carriers to reduce capacity and increase rates dramatically. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365646747112 52 2024-12-06T19:45:43.315Z Highlights https://site-97317035.bcvp0rtal.com/ https://site-97317035.bcvp0rtal.com/detail/video/6365646075112/4.-technology-proves-critical-in-legal-defense-for-trucking 2024-12-06T21:17:32.841Z https://cf-images.us-east-1.prod.boltdns.net/v1/jit/819002453001/83be38f7-8e7b-4133-9abc-d6875ce17786/main/1280x720/24s672ms/match/image.jpg 4. Technology Proves Critical in Legal Defense for Trucking Camera technology has become essential in defending against litigation and controlling costs in the trucking industry. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365646075112 49 2024-12-06T19:45:43.385Z Highlights https://site-97317035.bcvp0rtal.com/ https://site-97317035.bcvp0rtal.com/detail/video/6365646074112/5.-for-hire-trucking-faces-a-growing-workforce-crisis 2024-12-06T20:42:32.955Z https://cf-images.us-east-1.prod.boltdns.net/v1/jit/819002453001/105442c8-9cbe-4285-87e2-f34783bb0409/main/1280x720/25s600ms/match/image.jpg 5. For-Hire Trucking Faces a Growing Workforce Crisis The trucking industry faces a critical shortage of approximately 60,000 drivers, according to American Trucking Association projections. This shortage is expected to worsen to 160,000 by 2030 as freight demands increase and aging drivers retire. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365646074112 51 2024-12-06T19:45:43.302Z Highlights https://site-97317035.bcvp0rtal.com/ https://site-97317035.bcvp0rtal.com/detail/video/6365646652112/6.-long-term-climate-regulations-transform-the-for-hire-trucking-industry 2024-12-06T20:42:32.955Z https://cf-images.us-east-1.prod.boltdns.net/v1/jit/819002453001/adc1c429-1c12-4d45-9f84-3261c6ba3d41/main/1280x720/18s442ms/match/image.jpg 6. Long-term Climate Regulations Transform the For-Hire Trucking Industry California has mandated that all new trucks sold in the state must be zero-emissions by 2045, leading the way in environmental regulation. This landmark legislation signals a broader shift toward sustainable transportation. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365646652112 37 2024-12-06T19:45:43.408Z Highlights https://site-97317035.bcvp0rtal.com/ https://site-97317035.bcvp0rtal.com/detail/video/6365645788112/7.-driver-assistance-technology-reshapes-risk-assessment-for-for-hire-trucking 2024-12-06T21:18:09.740Z https://cf-images.us-east-1.prod.boltdns.net/v1/static/819002453001/f9a3f4ad-08b1-49cd-acc3-0288d2fa3191/02827d90-ece1-4148-81f3-879b3bd8c82b/1280x720/match/image.jpg 7. Driver Assistance Technology Reshapes Risk Assessment for For-Hire Trucking Advanced driver assistance systems and safety technologies are fundamentally changing how insurers assess risk in the trucking industry. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365645788112 37 2024-12-06T19:45:43.504Z Highlights https://site-97317035.bcvp0rtal.com/ https://site-97317035.bcvp0rtal.com/detail/video/6365646285112/8.-innovation-in-insurance-products-targets-mid-size-for-hire-truckers 2024-12-06T20:42:32.955Z https://cf-images.us-east-1.prod.boltdns.net/v1/jit/819002453001/b5b4f683-8b9c-460f-8408-094f9d9a49d6/main/1280x720/15s370ms/match/image.jpg 8. Innovation in Insurance Products Targets Mid-Size For-Hire Truckers Insurers are developing new insurance products specifically aimed at helping mid-size trucking operations, breaking from the traditional focus on large fleets. https://players.brightcove.net/819002453001/BJQQDtMCe_default/index.html?videoId=6365646285112 31 2024-12-06T19:45:43.221Z Highlights https://site-97317035.bcvp0rtal.com/