iTrucker archive

Trucking industry

Browse stories from the iTrucker archive.

News · May 17, 2020

Trucking company with 4000 trucks files for Chapter 11 bankruptcy, plans to sell subsidiaries

Story by: John Kingston at FreightWaves.com Motor carrier holding company Comcar Industries announced on Sunday, May 17, that it has filed for court-supervised bankruptcy protection and plans to liquidate by selling off its five trucking companies. The company employs 4500 and has 4000 trucks, according to Comcar’s website. In terms of size, Comcar was bigger than Celadon when it filed bankruptcy in late 2019, but the prepackaged bankruptcy that Comcar has organized will be more structured and s

News · Oct 24, 2019

Driver qualification, detention among DOT 2020 priorities

Story by: John Gallagher, Washington Correspondent @FreightWaves I Management at the Federal Motor Carrier Safety Administration (FMCSA) will be pressured to address several affecting commercial drivers and their companies in 2020 based on a set of priorities unveiled by the U.S. Department of Transportation (DOT). “DOT’s Fiscal Year 2020 Top Management Challenges,” released on October 23, calls on the agency to tackle truck driver qualification, driver detention, and high-risk motor carrier int

News · Oct 24, 2019

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

News · Oct 22, 2019

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 earlier this year, led to an internal investigation by the Massachusetts Registry of Motor Vehicles (RMV) that found the a

News · Oct 17, 2019

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 the ripple effect of the 4-day-old strike on its New River Plant in Dublin, Virginia. “We communicated to our employees this morning that NRV will stop production Mo

Trucking news, bankrupt Canadian trucking company

News · Oct 16, 2019

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 million of the C$18.2 million (a Canadian dollar equals US$0.76) to U.S. Bank in bankruptcy documents filed in Ontario on October 9. FTI’s

News · Oct 16, 2019

Weekly Fuel Report 10-16-19

Weekly Fuel Report by:Emily Ricks @ American Shipper/ FreightWaves Source and credits: freightwaves.com / American Sipper / Emily Ricks / iTrucker / Mario Pawlowski

News · Oct 15, 2019

Cass says data continues to point toward economic contraction including freight shipments

Story by: Todd Maiden @ FreightWaves I Freight shipments and expenditures declined on a year-over-year basis again in September according to the latest Cass Freight Index Report. According to the report, shipments declined 3.4% in September, the tenth straight month of year-over-year declines. On a month-over-month comparison, the index improved 0.8% to its best reading since May. Donald Broughton, founder and managing partner of Broughton Capital and author of the report, said, “the shipments i

News · Oct 15, 2019

Tokyo freight infrastructure stands up to the wrath of Super Typhoon Hagibis

Story by: Jim Wilson, Australia Correspondent @ FreightWaves Although Super Typhoon Hagibis has caused catastrophic floods, mudslides and at least 68 tragic deaths in Japan, FreightWaves understands from local sources that Tokyo’s critical freight infrastructure – seaports and airports – are undamaged. Japan’s wider logistics network is suffering from a miscellany of damage such as flooding. FreightWaves today spoke to several Tokyo-based correspondents for Protection and Indemnity Clubs (P&I Cl

News · Jun 7, 2019

FMCSA seeks feedback from truckers on detention time

The Federal Motor Carrier Safety Administration is asking truck drivers and industry stakeholders for information about driver detention times at shipping and receiving facilities and the potential impacts those delays have on highway safety.- According to article in overdriveonline.com and its author Matt Cole A full list of questions can be found in the notice here. Read the full HERE Source and credits : overdriveonline.com / Matt Cole