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Around the house: new GCs for AI truck startup Plus and American Century Investments

Around the house: new GCs for AI truck startup Plus and American Century Investments
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Truck Talk: Autonomous insurance Edition


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This week, we re looking at what insurance for autonomous trucks might look like and how truck manufacturers are booking additional revenue by selling chargers and hand-holding advice with electric trucks.
Insuring The Drive, Not The Driver
Autonomous trucking software developer TuSimple and Liberty Mutual insurance are working together to figure out how to insure a truck without a distracted, drowsy or otherwise human driver behind the wheel.
Truly driverless trucks are several years away, though TuSimple plans a fourth-quarter pilot on Arizona highways.
David Blessing, Liberty Mutual s chief underwriting officer for new mobility, says working with TuSimple, which operates 50 Level 4 highly autonomous trucks in three Southwestern states all with safety drivers will help develop custom insurance underwriting for early adopters and fleets that add autonomous trucks later. ....

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DOL officially withdraws rule to define independent contractor


Labor Dept. officially withdraws rule to define independent contractor within FLSA
The Department of Labor is officially withdrawing a late-Trump-era rulemaking that would have clarified the definition of what it means to be an
independent contractor within the Fair Labor Standards Act. Because the rule never took effect, owner-operators will see no changes as a result of the rule s withdrawal.
DOL published the final rule on Jan. 7, shortly before the end of Trump’s presidency. Just days prior to the rule’s publication, the incoming Biden administration specifically mentioned the independent contractor rule as one of Trump’s “midnight regulations” that would be halted. ....

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Biden announces nominee for FMCSA boss


Biden announces nominee for FMCSA boss
Meera Joshi, who has served as the Federal Motor Carrier Safety Administration’s acting administrator since the Biden administration took office in January, is the president’s nominee to head up the agency that oversees the trucking industry.
FMCSA Acting Administrator Meera JoshiJoshi was one of 10 nominations announced by the White House Wednesday to fill posts at various agencies related to climate and transportation.
If confirmed by the Senate, Joshi will be the first person to hold the title of FMCSA Administrator since Ray Martinez left the post in 2019. Jim Mullen served as acting administrator after Martinez left. When Mullen retired from the agency last summer, Wiley Deck led the agency as deputy administrator from September until Jan. 20. ....

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