News
Yellow searching for better bankruptcy financing terms
Yellow Corp. is reported to be in talks with multiple parties to obtain improved terms on its bankruptcy financing package, according to Reuters. A Wednesday hearing in a Delaware court revealed the company will not move…
FRA, OSHA call on Norfolk Southern to review safety practices
Improving communication and training as well as fostering trust between the company and its workers are some of the areas where Norfolk Southern could do better, according to a Wednesday report from the Federal Railroad…
Proterra Got Millions in US Aid Before Bankruptcy
Proterra Inc., the electric bus maker touted by President Joe Biden that filed for bankruptcy this week, was the recipient of millions of dollars in COVID relief government aid.
Yellow Might Get Loan From Fellow Trucking Fleet to Pay Debts
Yellow Corp. has sparked a bidding war between investment firms and a rival trucking company interested in funding the now-shuttered company’s liquidation.
Metternick Hones His Trucking Craft for the Fun of It
It could be déjà vu all over again for FedEx Freight driver Ronald Metternick — Michigan's 4-axle champion — at the National Truck Driving Championships.
FRA Finds Norfolk Southern ‘Should Be Doing More’ on Safety
OMAHA, Neb. — Norfolk Southern made recent improvements but is nowhere near the “gold standard for safety” it is striving to be, according to federal regulators.
Cathay Pacific cargo boosted by rehabilitation of passenger network
Cathay Pacific Airways was the first airline to succumb to coronavirus flying restrictions in 2020 and one of the last ones to come out. Finally unshackled, the Hong Kong-based airline is quickly ramping up operations and…
Safety officials on automatic emergency braking mandate: Not so fast
WASHINGTON — State law enforcement officials and brake manufacturers want more interaction between the trucking industry and federal regulators before the government considers public comments on a rule to mandate automatic…
Proseal Launches the CP4 Case Packer
All new case packing machinery maximises efficiency and cost effectiveness throughout the packaging process. JBT’s Proseal, a world- leading manufacturer of tray sealing machinery announces the launch of the CP4 case packing…
Continental Cuts Guidance on Weak Truck Tire Sales
Weaker-than-expected North American and European commercial vehicle replacement tire sales in the second quarter of 2023 and through the remainder of the year forced Continental to cut revenue guidance for its tire unit and…
