News
Daimler Hit with $160M Nuclear Verdict
A recent $160 million verdict against Daimler Truck North America (DTNA) underscores the growing financial repercussions for trucking companies and equipment manufacturers due to safety issues.
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Investors Rebel As TuSimple Pivots To Gaming, AI
TuSimple is now attempting to relocate its assets to China to support a new venture focused on AI-generated animation and video games.
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$102 Million Awarded For Semi-Charging Corridor
The federal Department of Transportation has awarded $102 million for the development of EV truck charging stations and hydrogen fueling sites along Interstate 5, spanning California, Oregon, and Washington.
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Wabash Faces $462 Million Verdict in Truck-Trailer Crash
Transportation equipment manufacturer Wabash National is facing a substantial $462 million jury verdict in a lawsuit brought by the families of two men who died when their car collided with the rear of a trailer produced by the company.
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Passive Income Trucking Scam Stopped By FTC
A Florida-based company known as RivX has been ordered to cease operations following a lawsuit filed by the Federal Trade Commission (FTC) and the state of Florida.
Review of The Week
Cooler Logistics: Broker Review🏆
This week, we spotlight Cooler Logistics LLC, a specialized logistics provider headquartered in Chicago, IL.
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BMO’s Q3 Numbers Shows More Trucking Credit Deterioration
A recent earnings report from BMO, a major lender in the trucking industry, revealed a significant decline in credit conditions during the third quarter.
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North American Cargo Thefts Surge 49% In 2024
Cargo theft continues to be a growing concern across North America, with a significant uptick in incidents reported during the first half of 2024. According to data from supply chain visibility firm Overhaul.
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Canadian Panel Backs Government Order Resuming Freight Rail Operations
The Canada Industrial Relations Board (CIRB) has upheld Labor Minister Steven MacKinnon's decision to end the work stoppages at Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC).
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Charted: $5 Trillion in Global Commodity Exports by Sector
The global commodity trade is dominated by a few key sectors and commodities. Energy, particularly petroleum products, accounts for the largest share of exports, contributing to a total value of $2 trillion annually.
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Teamsters Canada Issues 72-Hour Strike Notice Against CN
The Canadian railway sector is on high alert as more than 6,000 workers at Canadian National Railway (CN) could walk off the job starting at 10 a.m. ET on August 26.
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No CDL, Fake Registration and Insurance from Facebook Marketplace
A Montgomery County Constable's Office deputy recently conducted an inspection of a commercial vehicle and discovered multiple serious violations.