IRS Suspends Processing of Small Business Tax Break Due to Surge in Questionable Claims
IRS Commissioner Danny Werfel has ordered the immediate suspension of new claims for the employee retention credit (ERC), a pandemic-era small business tax break, due to a surge in questionable claims.
XPO Logistics Achieves Reduction in Damage Claims and Pursues Further Improvements
XPO Logistics has achieved a reduction in its damage claims ratio as a percentage of LTL (Less Than Truckload) revenue, which remained at 0.7% in Q2, showing improvement from the previous year.
The mass adoption of autonomous trucks could transform the trucking insurance industry
Autonomous trucks have the potential to reshape how we think about insurance in several ways.
Thieves are enabled by lack of reporting cargo theft, cays CargoNet
Incomplete data and strained law enforcement can create an environment that is permissive to cargo theft, as thieves are able to exploit gaps in security, intelligence, and enforcement.
Demurrage charges waived by US Federal Maritime Commission SCO
The December 29th decision to waive over $150,000 in demurrage fees imposed by Taiwan carrier Evergreen for Wisconsin-based forwarder TCW Inc. has set a precedent.
Blame poor maintenance for the 2020 APL England loss of 50 containers
A final report has finally been issued for the May 24, 2020 incident off the east coast of Australia that resulted in fifty boxes tumbling off the side of a ship and into the depths of the ocean below.
Supreme Court allows broker CH Robinson to take the fall for carrier-caused damages
The US Supreme Court has made controversial stances on Roe v. Wade and regarding California’s AB5 law, but a lesser known judgement sets a precedent for logistics liability.
Truck parking & loading areas important for driver safety
Irving, Texas-based trucking company Tarango Trucking won in a federal appeals court.
COVID-19 claims and how to defend yourself as an employer
Employees are now filing claims for COVID-19 contracted in the workplace.