Marketplace

ELD provider, Samsara lays off 18% of workforce

News

Story by: Linda Baker, Staff Writer at FreightWaves   ELD and fleet management solutions provider Samsara announced Wednesday it was laying off 300 employees, 18% of its workforce, as the company responds to the coronavirus downturn. “It’s now clear that COVID-19 has become the most significant economic event in the past 100 years,” CEO Sanjit Biswas said in […]

Learn More

Coronavirus is taking a bite out of the truck drivers pool

News

Story by: John Gallagher, Washington Correspondent at FreightWaves   Trucking companies are realigning hiring practices to focus on experienced drivers as the supply of student truck drivers falls dramatically because of COVID-19. The shift is a direct result of driving schools that have closed and state driver licensing agencies (SDLAs) that have either cut back […]

Learn More

Comcar dropped $25 million in 2019 before Chapter 11 bankruptcy filing

News

Story by: John Kingston at FreightWaves     The bankruptcy of privately held Comcar was fueled by the same weak trends that have befallen many trucking companies, with the added burden of a significant amount of debt. Comcar filed its bankruptcy documents in Delaware on Sunday, May 17, along with a public announcement of its Chapter […]

Learn More

Trucking company with 4000 trucks files for Chapter 11 bankruptcy, plans to sell subsidiaries

News

Story by: John Kingston at FreightWaves.com   Motor carrier holding company Comcar Industries announced on Sunday, May 17, that it has filed for court-supervised bankruptcy protection and plans to liquidate by selling off its five trucking companies. The company employs 4500 and has 4000 trucks, according to Comcar’s website. In terms of size, Comcar was […]

Learn More

3PL provider pays $152,000 to recover Celadon trucks ‘quarantined’ in Mexico

News

Story by: Noi Mahoney at http://FreightWaves.com iTrucker  A Chattanooga, Tennessee-based company had to pay more than $150,000 to retrieve five Celadon trucks “quarantined” in Mexico back in December, according to recently released court documents. The court filings are part of the U.S. Bankruptcy Court for the District of Delaware hearings for trucking company Celadon Group, which filed for Chapter […]

Learn More

Truckers outside White House used air horns to disrupt Trump press conference (with video)

News

Story by: Mario Pawlowski CEO at iTrucker   Hundreds of truckers started honking in protest during President Trump press conference. They are protesting against low shipping rates and “price gouging” by the freight brokers, among other issues that are “killing” the trucking industry as we know it. “Those are trackers that are with us all […]

Learn More

Safety advocates considering HOS rules challenge

News

Story by: John Gallagher, Washington Correspondent at FreightWaves.com   Two of the safety groups that have been most vocal in opposing the hours-of-service (HOS) changes since they were first proposed in 2018 were still considering on Thursday whether to challenge them immediately after they were rolled out in the final form. The public has 30 […]

Learn More

FMCSA revealed Hour of Service (HOS) final rule (with video)

News

Story by: Mario Pawlowski CEO at iTrucker   According to an official press release from  fmcsa.dot.gov, “FMCSA revises the Hours of Service (HOS) regulations to provide greater flexibility for drivers subject to those rules without adversely affecting safety.” The new rules are as follows: (1) expands the short-haul exception to 150 air-miles and allows a […]

Learn More

Pre-merger surge drives Nikola Motor value to $12 billion

News

Story by: Alan Adler at FreightWaves.com Fuel cell electric truck maker Nikola Motor valuation explodes in one week of frenzied trading Before building a single vehicle for sale, the valuation of fuel cell electric truck maker Nikola Corp. quadrupled to about $12 billion during a week of frenzied trading in shares of its merger partner. Double-digit […]

Learn More
CONTACT US

Get on the road with us

JOIN