The trucking industry in Canada not only prides itself on being relationship focused, but on utilizing traditional operational methods as well. With over 300,000 truck drivers across Canada, many find themselves unsure about how the recent influx of new technologies will impact their current way of doing business. A few of the new disruptive players who are challenging the commercial auto industry include transportation service providers, autonomous vehicles and telematics.
Although these numerous advances can bring positive change to the industry, there are privacy and standardization hurdles that will need to be addressed in order for these new business tools and systems to become mainstream. What we also need to explore is how these changes will affect the insurance establishment?
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The Guarantee Company of North America is a leader in specialty insurance and surety within the North American marketplace. We offer in-depth knowledge and expertise in niche segments, including the surety industry, corporate insurance, transportation industry, credit, and customized personal insurance. For more information, visit theguarantee.com.
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News