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A truck driver pleaded guilty in federal court on Wednesday for his role in a cargo theft ring that included a theft in West Plains, Mo.
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The Bay Area Air Quality Management District announced that it will allocate $5 million dollars to fund more of the truck replacement applications received during the recent Goods Movement Program solicitation. The funds will be used to assist Bay Area truck owners in meeting the state’s approaching air quality mandates.
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The U.S. Federal Reserve on Wednesday announced it would further reduce a stimulus program for the nation’s economy and is leaving interest rates unchanged.
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This happened as total load volume on the spot market increased 7.2% with truck capacity up by 6.4%.
Read More →The combined company will be one of the largest third-party logistics service providers in North America.
Read More →South Carolina-based expedited trucking company Nations Express has opened a new truckload division.
Read More →CSM Companies, and French-Ellison Truck Center, announced that the two companies will merge on March 31. The result will establish the company as one of the largest commercial truck dealership groups in the United States with 19 facilities.
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The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration announced that it has ordered the immediate shut-down of two trucking operations carriers, each for disregarding federal safety regulations and putting their companies’ own drivers and the public at risk.
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Revenue was $11.3 billion, up 3% from $11 billion the same time a year ago, while net income totaled $378 million, up 5% from last year’s $361 million or $1.23 per share compared to $1.13 per share.
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In a move to clarify enforcement practices, the Federal Motor Carrier Safety Administration is changing the definition of weight in single-unit trucks that are towing a trailer.
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