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Former Business Contributing Editor
Evan Lockridge worked for Heavy Duty Trucking for 20 years until 2018. A consummate "news guy" since the 1980s, he began covering trucking in 1990 on nationwide radio, print and digitally.
He is the recipient of four Jesse H. Neal honors.
Sales of new homes in the U.S. fell 7% in December from the month before, following a November drop of 3.9% from the month before, according to a new U.S. Commerce Department report.
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The cost of diesel has increased 3.1 cents from a week ago, the first in three weeks, for an average of $3.904 per gallon, according to new figures from the U.S. Energy Department.
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More guilty pleas were secured on Monday as part of the federal probe into truckstop mega-chain Pilot Flying J, taking the total number up to 10 so far. Brian Mosher, the former national director for sales, admitted to one count of conspiracy to commit wire fraud and mail fraud before a federal judge in Knoxville.
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Freight activity and rates on the spot market remained elevated last week after a surge of freight following winter storms the week before, according to the freight matching service provider DAT.
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Refrigerated trucking company Marten Transport has reported the highest net income for any year in its history.
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Leaders from Teamster local unions representing workers at trucking giant YRC Worldwide, have overwhelmingly recommended approval of a revised tentative labor contract members will vote on this coming Saturday and Sunday.
Read More →A $130 million legal settlement has been reached for a class of more than 4,000 independent truckstops and other retail fueling merchants following an antitrust lawsuit filed in 2007 against fleet payment card issuer Comdata and three national truckstop chains.
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After heading higher for three straight weeks, the average cost of diesel has fallen for the second consecutive week, according to the U.S. Energy Department.
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The annual rate registered 923,400 single-family homes and apartments, an 18% increase above 2012 figure of 780,600.
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The Teamsters Union and YRC Worldwide announced Friday they reached a tentative agreement on a new labor contract, providing a pathway for substantial debt reduction and refinancing initiatives for the parent of several trucking operations.
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