Trucker's Blog — Affordable policies
The Financial Impact of AI and Automation in Trucking: A Path to Universal Basic Income?
Posted by Truckers Pathway Editors on
Automation is set to transform trucking profits, saving companies billions in labor and fuel costs. But as jobs vanish, could Universal Basic Income (UBI) be the answer to support displaced workers? With AI driving efficiency and EVs lowering expenses, the industry’s financial gains may reshape more than just logistics—it could redefine the economy. Are we ready for this shift?
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- Tags: Affordable policies, AI Trucking, Carrier victimization, Customized solutions, driverless trucks, Truck driving jobs, Trucking, Trucking industry, Universal Basic Income
Trucking Under Pressure: How Insurance Companies are Hurting Owner-Operators' Profits
Posted by Truckers Pathway Editors on
As the backbone of the transportation industry, owner-operators play a critical role in the economy. They are the ones responsible for delivering goods to various destinations across the country, making sure that businesses and individuals have access to the products they need. However, insurance companies are taking advantage of these self-employed drivers by charging exorbitant premiums that diminish their profits and make it harder for them to stay afloat. For many owner-operators, the cost of insurance is one of their biggest expenses. In some cases, it can cost between $1500-1800 to insure just one truck with no prior accident history....