News
Swift ordered to pay rival CRST more than $15 million in driver poaching lawsuit
“A federal jury ordered Swift Transportation, a unit of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), to pay its trucking rival more than $15 million for allegedly poaching drivers who were under contract to CRST Expedited, which is based in Cedar Rapids, Iowa.” – According to the article in freightwaves.com and Clarissa Hawes In the suit, […]
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Driver in a fatal motorcycle crash that kills seven bikers was on drugs, reaching for a drink
A new federal report says that Volodymyr Zhukovskyy a driver who was involved in a fatal motorcycle crash that kills seven bikers was on drugs and was reaching for a drink at the moment of the accident. Also according to report from Federal Motor Carrier Safety Administration obtained by the Boston Globe Volodymyr Zhukovsky was […]
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Slightly positive implications of Fed rate cut for carriers and shippers
“Yesterday, Federal Reserve officials decided to add some additional stimulus into the economy, settling on a 25 basis point reduction in the federal funds rate at the conclusion of the July 30-31 Federal Open Market Committee (FOMC) meeting.” – According to the article in freightwaves.com and its author Ibrahiim Bayaan Freight markets are affected by […]
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Mega-carrier Schneider is shutting down part of its operations
While fellow truckload carrier J.B. Hunt (NASDAQ: JBHT) has been expanding its last-mile delivery business, Schneider National (NYSE: SNDR) is going in the opposite direction. The company announced on August 1, 2019, that it is shutting down its First to Final Mile (FTFM) operation within its truckload division due to “operating performance of the FTFM […]
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J.B. Hunt driver from Chicago suburbs found guilty of stealing a truckload of rat traps
A man from Chicago suburbs is facing a prison sentence for stealing a truckload of rat traps from a trucking company. Kane County IL Judge found 31-year-old Andrew A. Schwartz from Prospect Heights IL guilty of Class 2 Theft felony and Class 3 forgery felony. According Kane County State’s Attorney’s Office. Kane County Assistant State’s […]
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Trucking school owner pleads guilty to defraud Dep. of Veterans Affairs of $4.2 million
LOS ANGELES – The owner and president of a San Fernando Valley trucking school pleaded guilty today to federal criminal charges for bilking the United States Department of Veterans Affairs out of more than $4 million in tuition and other payments after falsely certifying that veterans had attended classes that they never took. Emmit Marshall, 52, […]
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Another trucking company abruptly ceases operations, it’s already 7th major closure this year
Another motor carrier has fallen victim to this year’s freight recession as Terrill Transportation Inc. of Livermore, California, abruptly ceased operations on July 30.- According to the article in freightwaves.com and its author Clarissa Hawes According to the Federal Motor Carrier Safety Administration’s SAFER website, Terrill Trucking had 30 trucks and 36 company drivers. It […]
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Owners operators warn that new crash liability proposal would put them out of business
Legislation that would increase the minimum insurance liability coverage required for interstate trucking from $750,000 to almost $5 million would put more small owner-operators out of business, independent operators claim.- According to the article in freightwaves.com and its author John Gallagher In a July 29 letter warning against the proposal, which was introduced in the U.S. […]
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FMCSA renews HOS exemption for paper company drivers
The Federal Motor Carrier Safety Administration has renewed an exemption for packaging company WestRock to allow its Chattanooga, Tennessee, paper mill drivers to occasionally work up to 16 consecutive hours and return to work with less than 10 consecutive hours off duty.- According to the article in overdriveonline.com and its author Matt Cole Read more […]
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