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A 97-count indictment has been filed charging 28 people with violations including conspiracy, wire fraud and money laundering for their roles in a scheme that allegedly skimmed more than $1.7 million from trucking companies according to the U.S. Attorney’s Office and the U.S. Department of Homeland Security.
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Contract Transport has agreed to pay 201 truck drivers a total of $160,073 in back wages and fringe benefits after an investigation by the U.S. Department of Labor’s Wage and Hour Division found that the trucking company violated provisions of the McNamara-O’Hara Service Contract Act.
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The average U.S. cost of diesel has fallen below the $4 a gallon mark for the first time since January.
Read More →Another round of fraudulent U.S. DOT letters is being distributed, largely by fax, to motor carrier officials in an attempt to obtain banking information from the targeted carriers, warn the Federal Motor Carrier Safety Administration and the U.S. Transportation Department’s Office of Inspector General.
Read More →The National Highway Traffic Safety Administration announced three truck makers -- Daimler Trucks North America, Volvo and Navistar International -- are recalling vehicles, for defects including daytime running lights, a battery disconnect switch and an axle bearing retaining nut lock snap ring.
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A new report says gridlock in the U.S. has staged a dramatic comeback after two years of post-recession lows, but it’s also a sign the economy is bouncing back. Data from the most recent Inrix Gridlock Index shows traffic jumped by almost 10% during February – the largest year-over-year increase recorded in two years, and a healthy sign of rising economic activity across 100 metro areas.
Read More →The parent of the less-than-truckload operation, Con-way Freight, recently provided an update on first quarter trends of this part of its business, ahead of it releasing first quarter financial results the first of May while competitor Old Dominion Freight Line did the same just before a freight transportation summit in Chicago last week.
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The Environmental Protection Agency is proposing new emission standards for cars and light trucks, and lower sulfur content in gasoline. The Tier 3 standards, as they are called, would be phased in starting 2017. They would cover cars, light-duty trucks, medium-duty passenger vehicles and some heavy-duty vehicles.
Read More →The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity from 25 companies, showed their overall new business volume for February was $4.7 billion, down 6% from volume of $5 billion in February 2012.
Read More →Bulk DEF prices largely held between February and March 2013 (this includes full truck load and less than full truck load bulk deliveries, and tote refills).
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