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Distinguished Programs Opens Marine Cargo Program for Business With Allianz Capacity
Distinguished Programs (“Distinguished”), a national MGA and insurance program manager, today announced that its Marine Cargo program is officially open for business.
The program provides coverage for physical loss or damage to goods in transit and storage. Coverages include Stock Throughput, Ocean/International Transit, Domestic Inland Transit, Foreign Inland Transit, and Contingent Cargo, addressing complex global supply chains and specialized logistics exposures across a range of industries.
The program is led by Ralph Salce, who brings more than 30 years of...
Aurora and McLane to Launch Driverless Trucking Operations in Texas
Aurora Innovation and McLane Company are expanding their autonomous trucking partnership with plans to begin driverless freight operations in Texas.
The companies announced an agreement to launch driverless hauls using the Aurora Driver, an SAE Level 4 self-driving system built for long-haul trucking. McLane, one of the largest distributors in the US serving chain restaurants, convenience stores, and mass merchants, will use the technology to move supplies and perishable food more efficiently across the state.
The move builds on a supervised autonomy...
Autonomous Trucking to Put $9 Billion Back in US Consumers’ Pockets Annually by 2035
Aurora Innovation, Inc. today highlighted findings from a new report revealing that autonomous freight is already a multi-billion dollar bolster for the $1 trillion dollar U.S. trucking industry, with even more economic opportunity over the next ten years.
The analysis, commissioned by Aurora and conducted by the Steer Group, highlights that autonomous trucking, despite being in early stages of deployment, currently supports 17,000 jobs and $3.3 billion in total economic output.
The report projects that by 2035, the...
Advancing US Leadership in Protein Innovation with the PROTEIN Act
Congresswoman Julia Brownley (CA-26) has introduced the PROTEIN Act to bolster US leadership in protein innovation amid rising global meat demand expected to double by 2050. The act addresses the US's lag in investment compared to other nations and aims to diversify protein sources to strengthen food security, stimulate economic growth, and tackle climate challenges.
The PROTEIN Act will support US farmers and expand domestic capacity via research centers, grant programs, and workforce development initiatives.
California, leading with over 150 companies, holds substantial...
Port of LA Seeks Proposals for New Pier 500 Container Terminal
The Port of Los Angeles has announced its search for proposals from parties interested in the pre-development of Pier 500, a project designed to boost cargo efficiency and accommodate larger, next-generation cargo ships. This development comes after decades of efforts to increase capacity amid rising demand at one of the United States' busiest ports.
The proposed site for Pier 500 spans 200 acres and will feature two berths and approximately 3,000 linear feet of new wharf. Situated at the southern tip of...
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