2023 Commercial Auto Insurance Market Outlook

The commercial auto insurance market has faced substantial underwriting losses and diminished profitability for more than a decade. While the segment continues to face difficult market conditions, rate increases largely remained in the single digits in 2022, demonstrating signs of stagnation compared to double-digital rate jumps that took place in prior years. Nevertheless, several cost-driving…

How will Trucking Fare in 2023’s Economy? 

Although there is still a great degree of uncertainty about what 2023 will bring in trucking business conditions, analysts at FTR believe a major recession is unlikely. FTR’s “State of Freight” webinar on Jan. 12 explored the economic indicators that most affect the freight market as well as trucking-specific numbers and offered FTR’s outlook for the year.…

Clarification for Electronic Documents Presented in Roadside Inspections

Recent guidance released by the Commercial Vehicle Safety Alliance (CVSA) clarifies the electronic documents that can be presented during roadside inspections. In many cases, electronic documents required by Federal Motor Carrier Safety Regulations (FMCSRs) are acceptable during roadside inspections and compliance reviews. However, there are some exceptions to this rule, and various documents must be…

CVSA Reveals 2021 Operation Safe Driver Week Results

Operation Safe Driver Week—an annual campaign conducted by the Commercial Vehicle Safety Alliance (CVSA)— took place from July 11-17, 2021. This year’s focus was on speeding. During the week-long initiative, law enforcement officers across North America stopped 46,058 passenger vehicles and commercial motor vehicle (CMV) drivers engaging in dangerous driving behaviors. The Purpose of Operation…