News
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…
Hyliion posts scant Q2 revenue but retains cash cushion
Startup powertrain developer Hyliion Holdings has sufficient cash to run its business through 2024 without raising new capital. But it might sell new shares next year if the conditions are right. With this week’s bankruptcy…
Owner-operators feeling rate sting; trucking in Alaska; and how TSA air cargo security works – WTT
On today’s episode of WHAT THE TRUCK?!? Dooner is talking about spot rates dropping by 7.6% while diesel fuel has increased by 8.4% in the past month. Will this market lead to more Yellows? FreightWaves’ Rachel Premack went…
Defunct Yellow reports Q2 loss
Yellow Corp. reported Wednesday a net loss of $14.7 million for the second quarter, but that included $75.9 million in gains from the sale of properties. The update followed the company’s bankruptcy petition in a federal…
