Expedited spot markets crashed harder than regular truckload
“Companies in the expedited market – which includes truckload, straight truck and Sprinter van freight – said that volumes and rates have fallen faster than the normal truckload spot market, albeit off higher highs”. According to article in freightwaves.com and its author John Paul Hampstead Read full story here : freightwaves.com/news/expedited-spot-markets-crashed-harder-than-regular-truckload?utm_campaign=Daily%20Newsletter&utm_source=hs_email&utm_medium=email&utm_content=72611134&_hsenc=p2ANqtz-990-es1sUWRBhO6zLA4u_uC9wX-lt14JKNK-2pSmjKwPe-R4FajvlR_rmt5osnpEldgrrL9CnJGKbunIw-iqHneFM6hQ&_hsmi=72611134 Source and credits : freightwaves.com / John Paul Hampstead, Associate Editor […]
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Estimated 650 truckers participate in annual Mother’s Day Convoy
“For the 30th time, hundreds of truck drivers gave up their precious weekends to do something for children battling serious health issues. For the 30th time, hundreds of truck drivers gave up their precious weekends to do something for children battling serious health issues. In doing so, they are expected to have raised several hundred thousand […]
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Is disruption finally underway in the freight brokerage industry, or has it already arrived?
“On April 25, Amazon announced that it was making an investment of $800 million to reduce delivery times, from two days to one, for members of Amazon Prime. The next day FreightWaves was the first to report that, without any fanfare, Amazon had also launched a digital freight brokerage website at freight.amazon.com.” – According to article […]
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Truck driver killed warehouse manager after fight about loading
Truck driver Timothy Saunders killed Thomas Hartman (American Furniture warehouse manager) by aiming gun in his face and pulling the trigger . The victim was pronounced dead on the scene. MPD says suspect fled the scene, but has been detained. Timothy Saunders was charged with 1st degree murder. Story by : Mario Pawlowski Source : Memphis […]
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Defunct fleet Falcon blames fundraising attempts for not warning drivers of sudden closure
“Falcon Transport — the roughly 700-truck fleet that suddenly shuttered operations late last month and left its drivers, equipment and freight stranded — says it did not notify employees before its closure because the company was trying to raise capital to keep the business afloat. Notifying employees before its closure would have jeopardized those efforts, the […]
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Trucker who fell asleep at wheel after he was forced to falsify his logs awarded $80M
“A truck driver who fell asleep while driving along I-59 in Alabama in 2015 was awarded $80 million by a Texas jury after suing his bosses for forcing him to falsify his logs and continue driving when he should have taken his 34-hour restart”. According to article in overdriveonline.com and its author Matt Cole Cole also wrote – […]
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Freight rates continue to slide amid weak demand, expanded capacity
“Industry detail showed that downward pressure in trucking rates continued in April, led by the fourth consecutive monthly decline in long-distance truckload rates”. -According to article in freightwaves.com and its author Ibrahiim Bayaan, Chief Economist & Market Expert Read full story here : freightwaves.com/news/economics/trucking-rates-continue-to-slide Source and credits : freightwaves.com / Ibrahiim Bayaan, Chief Economist & Market Expert
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Alabama flatbed carrier Williams Trucking suddenly closes its doors
“For the second time in less than a week, a trucking carrier has shut its doors with no advanced warning. According to media reports in Alabama, Dothan-based Williams Trucking told its drivers on Wednesday to finish deliveries and then return to headquarters to clean out their belongings”.- According to article in freightwaves.com and its author Brian Straight Read full story […]
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Trucker faces 40 criminal counts stemming from deadly I-70 crash near Denver
“The truck driver involved in a deadly crash along I-70 near Denver last week was charged Friday, May 3, with 40 separate criminal counts as a result of the crash”. – According to article in overdriveonline.com and Overdrive Staff Read full story here : overdriveonline.com/trucker-faces-40-criminal-counts-stemming-from-deadly-i-70-crash-near-denver/ Source and credits : overdriveonline.com
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