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Join the FreightWaves cast and crew every weekday morning at 9 am EST

    Insurance Insights with Circle Logistics

    Insurance Insights with Circle Logistics

    Good Friday morning, everybody! Welcome to today's FreightWaves Now community spotlight. I'm Kaylee Nix. It's Friday, so we get to check in with the one and only Mary O'Connell. Today, we dive into the often overlooked but crucial topic of carrier insurance with the folks from Circle Logistics.

    In This Episode:


    00:00 - 00:13 Introduction: Kaylee Nix welcomes viewers and introduces Mary O'Connell.


    00:13 - 00:33 Carrier Insurance: Exploring why carrier insurance is essential and how it impacts the logistics industry.


    00:33 - 00:56 Episode Background: Mary shares her experience and the importance of understanding carrier insurance from her broker days.


    00:56 - 01:18 Insurance Coverage: Discussing the significance of having the right amount of coverage and the risks of underinsured loads.


    01:18 - 01:43 Cold Chain Concerns: The heightened importance of insurance in temperature-controlled logistics.


    01:43 - 02:21 Finding the Right Carrier: Tips on selecting carriers with proper insurance coverage and avoiding potential risks.


    02:21 - 02:45 Carrier Vetting: The process of vetting carriers and ensuring their insurance legitimacy.


    02:45 - 03:08 Insurance Minimums: Understanding state and federal insurance minimums and their implications.


    03:08 - 03:28 High-Value Loads: The challenges of insuring high-value shipments like farm equipment.


    03:28 - 03:49 Importance of Insurance: Why even temporary extra coverage can be crucial.


    03:49 - 04:23 Coverage Specifics: Ensuring specific commodities, especially in cold chain, are covered under the carrier's insurance policy.


    04:23 - 04:54 Insurance Fraud: Navigating the risks of insurance fraud and verifying carrier insurance authenticity.


    04:54 - 06:32 Verification Process: Practical tips for verifying carrier insurance to prevent fraud and ensure coverage.


    06:32 - 07:59 Cross-Border Insurance: The complexities of insurance for cross-border transportation, especially with Mexico.


    07:59 - 09:15 Upcoming Events: Mary previews her participation in the Future of Supply Chain event in Atlanta, Georgia.


    09:15 - 09:58 Event Highlights: What to expect at the Future of Supply Chain event and how to join.


    09:58 - 10:23 Closing Remarks: Kaylee and Mary wrap up and encourage viewers to join them in Atlanta.



    Stay Connected:


    Subscribe to Freightwaves Now for more industry insights and updates.


    Follow us on social media for the latest news and behind-the-scenes content.


    Visit our website at freightwaves.com for more information.



    Don't Miss Out:

    Join us at the Future of Supply Chain event in Atlanta, Georgia! Get your tickets now at live.freightwaves.com.

    #FreightwavesNow #CarrierInsurance #Logistics #Freightwaves #SupplyChain #FutureOfSupplyChain #Insurance #ColdChain #CrossBorderLogistics

    • 11 min
    Truck Parking Drama, Drug & Alcohol Clearinghouse Updates

    Truck Parking Drama, Drug & Alcohol Clearinghouse Updates

    Join us on this episode of "Loaded and Rolling" where Kaylee and Thomas Watson dive into the ongoing saga of truck parking and the recent updates on the Drug & Alcohol Clearinghouse.

    In This Episode:


    00:00 - 00:46 Introduction: Kaylee welcomes everyone and introduces co-host Thomas Watson.


    00:46 - 01:31 Truck Parking Drama: Discussing the age-old issues of truck parking and how it's evolving today.


    01:31 - 02:01 Truck Parking Economics: The balance between free and paid parking and the economics behind it.


    02:01 - 02:46 Public vs. Private Parking: The debate over free parking vs. monetized parking options.


    02:46 - 03:57 Historical Context: The history of toll roads and how it relates to modern-day parking issues.


    03:57 - 05:23 Trucking Industry Challenges: The current state of trucking and parking infrastructure.


    05:23 - 05:43 Economics 101: Incentives in the trucking industry and how they impact parking availability.


    05:43 - 06:08 Special Guest: Highlights from this week's episode with Mike Pritchett, President and Chief Strategy Officer of Fleetworthy Solutions.


    06:08 - 08:58 Clearinghouse Insights: Detailed discussion on the Federal Motor Carrier Safety Administration's Drug and Alcohol Clearinghouse and its impact on the trucking industry.


    08:58 - 09:33 Upcoming Events: Preview of the Future of Supply Chain event in Atlanta, Georgia, and what to expect.


    09:33 - 09:42 Closing Remarks: Wrapping up and looking forward to the next episode.



    Stay Connected:


    Subscribe to "Loaded and Rolling" for more insightful discussions on the trucking industry.


    Follow us on social media for the latest updates and behind-the-scenes content.


    Visit our website at freightwaves.com for more information.



    Don't Miss Out:

    Join us at the Future of Supply Chain event in Atlanta, Georgia! Get your tickets now at live.freightwaves.com.

    #TruckParking #TruckingIndustry #LoadedAndRolling #Freightwaves #SupplyChain #Clearinghouse #Economics #FutureOfSupplyChain

    • 10 min
    Latest from the ACT Expo & EV Trends

    Latest from the ACT Expo & EV Trends

    Welcome to your Wednesday FreightWaves Community Spotlight! Join hosts Kaylee Nix and Alan Adler as they break down the latest episode of Truck Tech, live from home. Alan shares his experience at the ACT Research Expo in Las Vegas, exploring innovations from tech startups and major players like Tesla.

    00:00:00 - Welcome and introduction

    00:03:09 - Highlights from the ACT Expo

    00:05:44 - Insights from the CO Mobility Summit

    00:06:31 - Discussion on the future of electric trucks

    00:08:49 - Update on Workhorse and other companies to watch

    00:10:58 - Upcoming events and special offers

    Alan also discusses moderating a panel at the CO Mobility Summit, focusing on EV adoption for both consumers and commercial sectors. Plus, get an update on Workhorse and other companies on the bubble in the electric truck space.

    Don't miss the latest Truck Tech show and newsletter! Subscribe at freightwaves.com to stay informed and get special offers for the upcoming Future of Supply Chain event in Atlanta, Georgia.

    Subscribe to our channel and hit the bell icon to stay updated with the latest in freight and supply chain news!

    #TruckTech #ACTExpo #EV #ElectricVehicles #Freightwaves #SupplyChain #Logistics #FutureOfSupplyChain

    • 12 min
    Balancing Act: Exploring Asset Light, Smart, and Heavy Models in Logistics

    Balancing Act: Exploring Asset Light, Smart, and Heavy Models in Logistics

    Host: Kaylee Nix


    Guest: Mary O'Connell, host and writer of the Check Out newsletter


    Episode Highlights:



    Holiday Weekend Recap: Kaylee and Mary discuss their Memorial Day weekend celebrations.


    Special Guest: Meet Josh Allen (not the Buffalo Bills quarterback) from ITS Logistics.


    Asset Light Brokerage: Explore the complexities of managing an asset-light brokerage and the importance of strong carrier relationships.


    Cost Management: Discover hidden fees and unexpected costs in ramping up or starting an asset-light brokerage.


    Asset Smart Model: Learn about the middle ground between asset-heavy and asset-light operations, and the technologies needed for success.


    Brokerage Success: Discussion on which model—asset light, asset smart, or asset heavy—tends to be more successful.




    Tune in for insights into the logistics industry and more!

    Watch Now on FreightWaves!

    • 10 min
    Memorial Day Weekend Prep: Discover the Ultimate Cold Chain Solution!

    Memorial Day Weekend Prep: Discover the Ultimate Cold Chain Solution!

    Top Memorial Day Weekend Prep: Tune in to find out why this is the number one stop for your Memorial Day weekend preparation.


    Innovative Cold Chain Solution: Explore Tower Cold Chain's new phase change material cooling system.


    Perfect for Clinical Trials: Specifically designed for small pharmaceuticals and clinical trials, ensuring ultra-cold temperature maintenance.


    Compact and Efficient: Fits in small parcels, suitable for UPS and FedEx systems.


    Pyramid Shape: Scientifically chosen to minimize potential temperature deviations and weak points.


    Customizable: Available in any size and color to match company branding.


    Durable and Long-lasting: Average lifespan of 5 to 10 years, reducing the need for frequent replacements.


    Enhanced Protection: Superior to one-time use gel packs or dry ice in protecting contents.


    Comprehensive Tracking: Compatible with tracking device or your own system for complete visibility.


    Affordable High-end Solution: Ideal for expensive clinical trials with specific transportation needs.


    Learn More: Watch on FreightWaves for detailed insights and start your Memorial Day weekend with the latest in cold chain technology.



    Watch Now on FreightWaves!

    • 8 min
    CTPAT Explained: Enhancing Security and Visibility in Freight

    CTPAT Explained: Enhancing Security and Visibility in Freight

    Welcome to the FreightWaves Community Spotlight on this Thursday morning! Join host Kaylee Nix and special guest Thomas Wasson as they discuss the hottest topics in the freight community.

    In this episode:


    Introduction and Overview: Kaylee and Thomas kick things off with an energetic introduction.


    CTPAT Explained: Thomas dives into the Customs Trade Partnership Against Terrorism (CTPAT), emphasizing its importance in preventing terrorism and enhancing visibility in cross-border movements, particularly in the context of nearshoring.


    Freight Market Updates: Insights into the current state of the freight market, including seasonal bumps and the impact of road check week on spot rates.


    Segment-Specific Trends: Analysis of trends in different segments of the freight market, including dry van, reefer, and flatbed.


    Upcoming Guests and Shows: A sneak peek at future episodes of "Loaded and Rolling," featuring industry experts and timely topics.



    Key Topics:


    CTPAT and Cross-Border Security


    Freight Market Seasonality


    Segment-Specific Freight Trends


    Impact of Road Check Week


    Memorial Day Market Predictions



    Don't miss out on the latest insights from the freight industry. Subscribe to "Loaded and Rolling" for weekly updates and expert interviews.

    Stay Connected:


    Watch "Loaded and Rolling" live on FreightWaves TV every Tuesday afternoon.


    Catch up on past episodes on our YouTube channel.


    Subscribe to our newsletter for more in-depth analysis and updates.



    Follow Thomas Watson:


    Twitter: @ThomasWasson7


    Email: twasson@freightwaves.com



    Make sure to like, comment, and subscribe for more freight industry insights!

    • 9 min

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