Financing
Transportation – Trucking & Livery- Trucking Plummets! Diesel Falls 3.1 Cents!
China And Coronavirus Hurts Trucking, Decreases Cost Of Diesel In US The average U.S. diesel retail price fell 3.1 cents per gallon, Energy Department reported on March 2. Oil prices began to rise after central bankers around the world gave reassurances that they would undertake intervention measures as coronavirus disrupts economic activity, Bloomberg News reported. Trucking’s…
Read MoreLivery Insurance 101: Ride Sharing Platform Uber Wins Big Ruling In Brazilian High Labor Court
Livery Insurance – Ride Sharing Insurance- Drivers Status The Brazilian High Labor Court ruled on Wednesday that there was no work arrangement between Uber and its drivers, contesting the driver of Sao Paulo. This is major news in the industry for livery insurance. Brasilia’s Federal judge ruled that Uber drivers are able to disconnect from the app…
Read MoreTrucking Insurance 101 – Chadwick Of Kelt Found Fraudulently Financing Commercial Trucking Premiums From Tepco
Trucking Insurance – Insurance Premium Financing Fraud: In Spokane County Superior Court this week, Edward J. Chadwick, of Yakima, Wash., was charged with first-degree theft. Chadwick was an insurance producer, and owned a trucking insurance agency called Kelt, selling trucking insurance primarily to transport companies. He was indicted after an investigation by the Criminal Investigations Unit of Washington Insurance…
Read MoreTrucking Insurance: In The World Of Trucking And More…
Trucking Insurance – International Effect In The World Of Trucking: As China and the United States go back and forth it is looking like the start of a feud as these two power houses nudge the other into increasing tariffs on goods. Trucking recruitment is not where it needs to be, and as freight shipment is…
Read More