FMCSA spotlights trucking’s multi-million dollar insurance gap

WASHINGTON — The Federal Motor Carrier Safety Administration has warned Congress that a massive “insurance gap” is leaving the American trucking industry more vulnerable than ever. In its 2026 quadrennial report to lawmakers, the agency laid out a precarious new reality for the industry: while estimates on the number of active, for-hire interstate property carriers has consolidated to 456,227 since the last report in 2022, the 12 billion tons of freight they move are now subject to a median “nuclear” verd ...