Trucking industry
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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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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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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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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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 […]
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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 […]
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