Trucking News

Persistent ‘Freight Recession’: Projections for Extended Impact until Year’s End

Two recent evaluations of the state of the trucking industry in the United States lack significantly positive outcomes. According to the economic analysis released by Motive (previously named KeepTruckin) for August, it foresees the ongoing decline in freight movement to persist throughout the remainder of this year. Motive’s study indicates that the downturn in freight […]

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Forward Air and Omni Logistics Merge to Create Expedited LTL Powerhouse

On Thursday, Forward Air and Omni Logistics announced their intention to merge through a cash and stock transaction, resulting in the formation of a company valued at $3.7 billion. As per the agreement’s terms, Omni’s shareholders will receive a total of $150 million in cash as well as shares in Forward Air’s common stock and

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Union Slams Yellow’s Bankruptcy, Blaming ‘Corporate Incompetence’

The labor union that represents drivers at the established less-than-truckload carrier, Yellow, is expressing strong disapproval of the company’s recent Chapter 11 bankruptcy declaration. The union condemns any effort by the company to avoid its financial responsibilities using legal tactics. “Yellow may try to use the courts to eradicate its financial responsibilities, but they can’t

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NYC Introduces First-Ever Automated Enforcement System for Overweight Trucks on the BQE

This week, officials in New York City made an announcement about a groundbreaking system that will automatically spot and penalize excessively heavy trucks on the Brooklyn-Queens Expressway (BQE). In a statement released on August 7th, Mayor Eric Adams of New York City revealed that the city is set to initiate the utilization of this innovative

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Revitalizing Carrier Accident Record Renewal Plan: FMCSA’s Initiative for Continued Safety Vigilance

The Federal Motor Carrier Safety Administration intends to re-establish the rule necessitating that companies operating commercial motor vehicles keep a documented record of any accidents. Although this rule does not mandate companies to immediately provide accident data to the agency, they are obligated to furnish it when requested by authorized officials at the federal, state,

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Saluting Skill and Dedication: The Fourth Annual National Technician Appreciation Week, September 24-30

The American Trucking Associations, along with its Technology & Maintenance Council, revealed their plans to organize the fourth yearly observance of National Technician Appreciation Week, scheduled to take place from September 24th to September 30th. “The men and women who keep our trucks moving are a critical part of our industry and are highly deserving

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Volvo and Mack’s Proactive Battery Replacement Initiative to Mitigate Electric Truck Fire Risk

Volvo Trucks North America and Mack Trucks are initiating a recall for the majority of their electric trucks produced in the last four years due to a potential problem leading to battery fires. This marks the fourth instance of recalls for these trucks since their commencement of mass production in 2022. The recent recall pertains

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Yellow Corp.: A Century of Trucking Ends in Bankruptcy Amidst Financial Struggles and Labor Disputes

Less-than-truckload hauler Yellow Corp. has sought bankruptcy protection, signaling the conclusion of the nearly century-old trucking enterprise. In a Chapter 11 filing submitted to a Delaware court on Sunday, the company disclosed assets valued at approximately $2.15 billion and liabilities totaling $2.59 billion. The intention is to secure a debtor-in-possession (DIP) financing arrangement, which will

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Yellow Closure Causes Major Reshuffling in LTL Sector

Less-than-truckload carrier Yellow Corp., which had been in operation for nearly a century, ceased its activities on July 30, causing significant disruptions to its customers and the wider LTL market. News of the shutdown spread naturally as rumors of layoffs and service cancellations circulated. However, the company did not make any official statements beyond an

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House Appropriations Committee Blocks Funding for Mandatory Speed Limiters on Heavy Trucks

The House Appropriations Committee has given its approval to a proposed law that would prevent the Federal Motor Carrier Safety Administration (FMCSA) from receiving funds to implement a plan that requires installing speed-limiting devices on heavy trucks. This decision was made during a committee meeting on July 18. The proposed budget for FMCSA in fiscal

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