Oil rig driving toward oil refinery

The Oil Boom Trucking Boom Connection

Oil rig counts have increased by more than 10% in the past year – and by almost 20% in Texas. The drive to increase domestic oil production has increased the need for trucks to equip and service rigs and, increasingly in Texas, haul the crude from the oilfields to the refineries. Sam Tibbs, FreightWaves director…

Semi truck in rearview mirror

Trucking Insurance Changing with the Times

Like most other things, commercial trucking and its corresponding insurance requirements have undergone many changes in the past few years. From new enforcement initiatives to rate fluctuations to changing technology, nothing stays exactly the same from year to year – even month to month. Among the most impactful changes is the enforcement of federal driving-time…

Semi truck driving down highway

Will USMCA be Positive for Trucking Industry?

The new U.S.-Canada-Mexico Agreement (USCMA), which is soon to replace NAFTA as the prevailing North American trade agreement, should turn out to be mostly positive for the American trucking industry. The new deal, which was announced on October 1 by U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau, includes several provisions that will…