News
Debt, losses sink Canadian carrier featured on ‘Ice Road Truckers’
Story by: Nate Tabak, Canada Correspondent @ FreightWaves Tli Cho Landtran Transport and affiliates will be closed and possibly sold after losing C$18 million in the past year and facing mounting debt reaching C$60 million. Tli Cho Landtran Transport, a trucking company once featured on the TV series “Ice Road Truckers,” is shutting down […]
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Two former Caledon executives charged with bank and securities fraud
According to a press release press release from U.S. Department of Justice; Former COO and CFO of Publicly Traded Transportation Company Charged with Securities Fraud, Bank Fraud and Lying to Auditors The former chief operating officer (COO) and chief financial officer (CFO) of Celadon Group Inc. (Celadon), a publicly-traded transportation and trucking company headquartered in […]
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Coca-Cola test-drives Einride’s autonomous truck in Sweden
Story by: Linda Baker, Staff Writer @ FreightWaves Coca-Cola European Partners (CCEP), the brand’s local bottling partner, will deploy the Einride autonomous electric transport system to its Swedish distribution network, according to a news release. As part of a commercial pilot, an Einride vehicle will ferry goods between warehouses operated by CCEP and Axfood, one of Sweden’s leading food […]
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Heavy mountain snow slamming western U.S. through the weekend
Story by: Nick Austin, Director of Weather Analytics and Senior Meteorologist @FreightWaves The snow keeps flying across several parts of the western U.S. today, Dec. 5, and it will come down heavily in some areas. Meanwhile, other spots are more at risk for ice-covered roads. Then, a potent storm will slam California this weekend. […]
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Tesla’s electric Cybertruck to join Mexican city’s police force
Story by: Noi Mahoney @ FreightWaves The mayor of Ciudad Valles, Mexico, recently ordered 15 of the new all-electric Cybertrucks manufactured by Tesla Inc. Mayor Adrián Esper Cárdenas said the Cybertrucks will be used for police patrols and other services in the central Mexican city of 176,935 people. “I reserved 10 two-motor and five […]
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Whistleblower suit alleges Navistar forged military vehicle invoices
Story by: Alan Adler @ FreightWaves A federal judge unsealed a 6-year-old whistleblower suit against Navistar Defense LLC and Navistar International Corp. (NYSE: NAV) that seeks at least $1.28 billion in damages over allegedly forged invoices for military vehicles and components. According to the civil suit unsealed Dec. 3, Navistar violated the False Claims […]
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Heavy snow to slam Mountain West for two days
Story by: Nick Austin, Director of Weather Analytics and Senior Meteorologist @ FreightWaves A Pacific storm that is crashing into the western U.S. will produce heavy snowfall from the mountains of eastern California to the Rockies the rest of today, Dec. 4, through tomorrow. Meanwhile, portions of the northeastern U.S. will get their share of […]
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Swift confirms driver leader instructed their truckers to drive in the bad weather
Some truck drivers for Swift Transportation, a unit of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), said they received messages via their onboard computer messaging systems around 7 a.m. Dec. 2 instructing them to chain up and drive in inclement weather to get their loads delivered on time. “We cannot afford to have you down or […]
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Nor’easter impacts continue across New England causing delays on the i-95 and US-1
Story by: Nick Austin, Director of Weather Analytics and Senior Meteorologist @ FreightWaves The nor’easter off the New England coast will stick around for another day. Snowfall continues during daylight hours across much of the region, continuing early this evening primarily in Maine. SONAR Critical Events: Tuesday, December 3, 2019, 9:00 a.m. EST The […]
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