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In an operation the FBI called "theft and greed on a large scale," a former insurance broker has pleaded guilty to bilking nearly 800 trucking companies out of $3.7 million for phony cargo insurance.
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Unemployment in the U.S. fell in April, hitting a near seven-year low following weak job additions in the first quarter of the year.
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The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.
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There are still a few misconceptions about autonomous commercial vehicles. They are not driverless trucks, but trucks that help make drivers' lives a little easier and roadways safer through the use of advanced technology. Jim Park takes a ride in Daimler's Inspiration Truck.
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Paccar Leasing Company (PacLease) will begin offering a medium-duty leasing program called the PacLease Value Spec, the truck maker has announced.
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According to the Florida-based company this was the result of an “intangible asset impairment charge” of just over $2 million, with an with an after tax impact to net income of $1.265 million, relating to its November 2013 purchase of Pipeline Transportation.
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As it showcased its Freightliner Inspiration Truck automated truck, Daimler Trucks North America talked about sources for its inspiration -- primarily customers, but also other factors, including regulations.
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The Department of Transportation’s Office of Inspector General has announced it will audit the Federal Motor Carrier Safety Administration’s investigative practices for high-risk motor carriers.
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The number of available loads on the spot truckload market decreased 2.9% and capacity fell 1.8%, according to DAT Solutions, which operates the DAT network of load boards.
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Private sector, non-farm employment increased by less than 200,000 jobs in April for the second straight month, according to a new report released Wednesday.
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