trucking news
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 […]
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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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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 […]
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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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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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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
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