Listen to Todd Phelan on the Dave Nemo Show
Todd Phelan was in Orlando last week for the annual MCIEF conference where he joined the Dave Nemo Show: a popular trucking-focused talk show on SiriusXM, along with Brett Conyers of Morgan, Trevathan & Gunn Insurance. Todd and Brett discussed their respective agency’s long histories with the trucking industry and shared thoughts on several topics, […]
Nation’s Trucking Industry Under Siege by Worsening Litigation Trends
The trucking industry is the “lifeblood” of the U.S. economy, but is “under siege by litigation,” according to a new report from the U.S. Chamber of Commerce Institute for Legal Reform (ILR). Verdicts against trucking companies increased by 867% in average size from 2010-2018, ILR wrote, citing research from the American Transportation Research Institute (ATRI). […]
2023 Trucking Industry Trends
The trucking industry consists of businesses that leverage large commercial motor vehicles (CMVs) to transport various types of cargo (e.g., raw materials, product components and finished goods) over specified routes. This sector plays an essential role in the U.S. economy by moving mass amounts of freight and supporting supply chains across industry lines. According to […]
Attracting and Retaining Truck Drivers Amid Labor Shortages
No matter the industry, employers of all sizes are struggling to attract and retain quality workers right now. This is particularly the case in the trucking sector. This article discusses potential factors contributing to the current driver shortage and offers tips to help employers attract and retain truck drivers. Labor Market Factors One obvious culprit […]
Trucking: Your Total Cost of Risk
Total cost of risk in insurance terms describes the cost of both pure and speculative risk. It is synonymous with the price of your risk management program. For example, if you are faced with a union strike, how do you estimate losses? It is difficult, at best, to quantify this scenario. In contrast, other components […]
