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California, Texas Drive Nearly 60% of U.S. Cargo Theft in 2025

Overhaul report logs more than 2,576 cargo thefts across U.S. and Canada in 2025 Cargo theft activity across North America intensified in 2025, with losses increasingly concentrated in major freight hubs, according to a new report from supply chain risk management firm Overhaul. In the United States, California and Texas together accounted for more than […]

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Federal Fuel Tax Cap Could Cut Diesel Costs for Truckers

WASHINGTON — A new proposal from Kevin Kiley, R-Calif., would place a federal cap on state fuel taxes, a move that could significantly reduce diesel costs for truck drivers and fleets nationwide. Kiley’s proposed Gas Tax Reduction Act would penalize states that levy fuel taxes above 50 cents per gallon. Under the measure, any state

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Paladin Capital enters Chapter 11 as debt pressures hit trucking portfolio

Paladin Capital Inc., a Tennessee-based private equity firm with a broad trucking and logistics footprint, has filed for Chapter 11 bankruptcy protection, placing hundreds of transportation and logistics jobs at risk. The company filed its voluntary Chapter 11 petition on Jan. 26 in the U.S. Bankruptcy Court for the Middle District of Tennessee. Court records

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