Marketplace

Weekly Fuel Report 10-1-19

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Infographics by: Trevor Willingham @ FreightWaves /American Shipper Source and credits: freightwaves.com /  Trevor Willingham /  iTrucker  / Mario Pawlowski        

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U.S. DOT’s Chao refutes ethics violations

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Story by: John Gallagher, Washington Correspondent  @ FreightWaves A Congressional investigation into allegations that U.S. Secretary of Transportation Elaine Chao has used her office to benefit her family’s shipping company is being roundly rejected by the transportation chief. In the first of a “rolling production of responses” to be sent to the U.S. House Committee on Oversight […]

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Rich Logistics announces closures of five terminals and layoffs of approximately 450 drivers and other employees

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Story by: Clarissa Hawes @ FreightWaves This story has been updated to include a statement by Shannon Everett, president of Rich Logistics, as well as a press release issued by Roadrunner, Rich’s parent company, late Monday, Sept. 30. Approximately 450 truck drivers and employee positions will be eliminated after Rich Logistics notified workers by letter […]

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Chemical tanker explosion sends fireball roaring into sky (warning: graphic video and images)

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Story by: Jim Wilson @ FreightWaves A massive explosion aboard a chemical tanker blew a fireball and mushroom cloud into the sky over the weekend at the Port of Ulsan, South Korea. According to Wilson. Local reports indicate that about 18 people were injured primarily from burns and smoke inhalation. One ship has likely been rendered […]

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Another large trucking company files bankruptcy, 339 trucks impacted

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Story by: Craig Fuller, CEO at FreightWaves In a November 2018 article, private equity firm KJM was described as being “unlike the others” and “having daily involvement in the support functions of the business, allowing the company to implement growth initiatives and improve the customer experience.” Unfortunately, for the 450 employees and stakeholders of Cold Carriers, […]

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Major winter storm enters second day in the Northern Rockies, MT

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Sun Sep 29, 2019,   Valid  Mon Sep 30, 2019 –  Wed Oct 02, 2019 “A powerful early-season winter storm may produce an additional 1 to 2 feet of snow in the Northern Rockies, with up to a foot across the Rocky Mountain Front, other Northwestern mountain Valleys, and the California mountains. Powerful winds combined with […]

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Truck drivers rank high among sleep-deprived workers, study says

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Story by: Max Heine @ Overdriveonline.com The share of Americans who don’t get enough sleep is getting larger says a new study from Ball State University. Not only are professional drivers among those suffering the most, but they’re also seeing above-average growth each year in those reporting sleep deprivation. From 2010 to 2018, the prevalence […]

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Trucking Freight Futures Market Activity 9-23-2019

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Layla Rapp  @ FreightWaves Source and credits: freightwaves.com / Layla Rapp /  iTrucker  / Mario Pawlowski  

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Why measuring driver brain waves might be better than cab cameras to prevent accidents

News

Story by: Vishnu Rajamanickam, Staff Writer @ FreightWaves For the long-haul truckers that stay away from their families for days at a stretch, fatigue and physical discomfort are some of the most commonly shared realities of being behind the wheel. In some cases, hours-of-service (HoS) regulations have weighed into this issue with unintended consequences. Truckers […]

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