Trucking Industry news
Truckers face uncertain times in 2023 because of looming recession and inflation
Story by: Michael D. Elkin, Esq., MBA While pay for trucking services has declined on the spot market, expenses have increased — especially for fuel, which reached $5.41 per gallon across the U.S. last November. This is an increase of nearly 50% from the previous year, according to Freightwaves. The American Transportation Research […]
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U.S. lawmakers introduced “women in trucking” bill, and we think it will be a game-changer
Story by: Mario Pawlowski CEO @ iTrucker Two U.S. senators have introduced legislation that would require the Federal Motor Carrier Safety Administration (FMCSA) to take a formal role in supporting women drivers. The Promoting Women in Trucking Workforce Act, introduced Nov. 14 by Sens. Jerry Moran, R-Kan., and Tammy Baldwin, D-Wis., directs the FMCSA […]
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Trucking company owner sentenced to two years in prison for $2.3 million tax evasion scam
TRENTON, N.J. – A Monmouth County, New Jersey, a man was sentenced today to 24 months in prison for evading more than $2.3 million in personal and corporate income taxes between 2002 and 2011, and in 2015, U.S. Attorney Craig Carpenito announced. Tito Viteri, 41, of Cream Ridge, New Jersey, previously pleaded guilty before Chief […]
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Estimated Food Waste will hit 1.5 billion tons by 2030
Story and infographics by Layla Rapp @FreightWaves The Boston Consulting Group(BCG) estimates that by 2030 annual food loss and waste will hit 2.1Billion tons worth $1.5 Trillion. Source and credits: freightwaves.com / Layla Rapp / iTrucker / Mario Pawlowski
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Weekly Fuel Report 10-23-19
Weekly Fuel Report 10-23-19 and the actual price of Diesel at the truck stop in the US, by Emily Ricks @FreightWaves/AmericanShipper Source and credits: freightwaves.com / / iTrucker / Mario Pawlowski
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DOT to audit FMCSA oversight of truck driver bans
Story by: John Gallagher, Washington Correspondent @ FreightWaves.com A fatal crash involving a commercial driver has led to a U.S. Department of Transportation (DOT) audit of the Federal Motor Carrier Safety Administration’s (FMCSA) oversight of state driver licensing agencies. According to the DOT’s Office of Inspector General (OIG) on October 22, the crash, which occurred […]
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Volvo Trucks will lay off 3,000 workers because of UAW strike at Mack Trucks
Story by: Alan Adler @ FreightWaves I The impact of a United Auto Workers’ strike at Mack Trucks will nearly double next week when Volvo Trucks North America lays off about 3,000 employees because of a lack of engines and transmissions that come from a Maryland plant the companies share. A Volvo Group spokesman on Thursday confirmed […]
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Now bankrupt Canadian trucking company owed millions to U.S. lender (with video)
Story by: Nate Tabak, Canada Correspondent @ FreightWaves Canadian trucking company FTI owed more than C$18 million to creditors when it filed for bankruptcy in September, according to court filings that offer a glimpse into one of the few known Canadian trucking failures in 2019. FTI Holdings, which closed in August alongside its U.S. sibling HVH, owed C$16 […]
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Family files $10 million lawsuit in fatal crash despite truck driver being cleared of any wrongdoing
Story by: Clarissa Hawes @ FreightWaves The parents of two children killed in a fatal crash during a snowstorm in March 2018 on Interstate 29 in eastern North Dakota have filed a $10 million lawsuit, alleging negligence against the trucking company and its driver, despite a five-month investigation that cleared the truck driver of any […]
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