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Trucking Industry Leaders Expect Biden’s Policies to Crush Small Trucking Companies

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Biden will make trucking harder for the little guy.

Trucking industry experts expect Joe Biden’s presidency to seriously jeopardize many small American trucking companies, and the prospects of truck drivers who work as independent contractors.

Biden is poised to sign a transportation law passed in the Democratic House and stalled in the then-Republican Senate in 2019. The Moving Forward Act had required commercial motor vehicles to maintain more than $2 million in insurance liability, more than doubling the existing $750,000.

It’s possible that an updated Democratic transportation law will be even stricter on truck drivers, requiring insurance liability of as much as $4 million. Democrats’ longstanding allegiance to trial lawyers is a critical element in the insurance push, enabling lawyers to secure more lucrative judgements through suing truck drivers.

Trending: Grassroots Leaders Send Final Warning to GOP Establishment: Rejecting Trump Means Death of Republican Party

 

full story at https://bigleaguepolitics.com/trucking-industry-leaders-expect-bidens-policies-to-crush-small-trucking-companies/

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