News
J.B. Hunt a bit more upbeat
Management from J.B. Hunt Transport Services was slightly more positive on the freight environment Wednesday, saying the market is “coming out of a freight recession” as opposed to being in one. J.B. Hunt’s (NASDAQ: JBHT)…
TFI International acquires 155-truck tanker carrier in Canada
TFI International Inc. has acquired Vedder Transportation Group, a tanker truck transporter of food-grade liquids and dry bulk commodities with 155 power units and 300 tanker trailers. Vedder is based in Abbotsford, British…
FMCSA proposing crash-data appeals process for drivers
WASHINGTON — Federal regulators are answering a call from drivers and carriers to fix the review process for questions about the accuracy of safety data. The Federal Motor Carrier Safety Administration is seeking feedback…
Truck driver jobs at center of House hearing on automation
WASHINGTON — Losing jobs to technology is a big concern across many industries, and the issue was in the spotlight on Capitol Hill on Wednesday at a hearing on the future of autonomous trucking. Speaking on behalf of the…
ATA Leader Chris Spear Presses Congress for AV Framework
WASHINGTON — Automated vehicles would gain greater adoption with a nationwide policy framework, Chris Spear, president of American Trucking Associations, told members of Congress on Sept. 13.
Startup Merger Partners Eye Class 8 Truck Launch by 2027
Proposed merger partners ElectraMeccanica and Tevva plan to launch a Class 8 hybrid electric and hydrogen-powered truck in the United States in 2027, ElectraMeccanica CEO Susan Docherty said.
7 years, 6 figures: Driver suit against Knight settled for small sum
A class-action lawsuit filed in November 2016 against what was then Knight Transportation has been settled for just $400,000, with a payout of less than $130 per plaintiff. The lead plaintiff is driver Robert Martinez, but…
Shippers face new normal in parcel rate increases, consultants say
Parcel shippers should prepare for a new normal in the size of general rate increases (GRIs) as well as a different approach to rate adjustments led by more pricing based on planned surges in delivery demand, executives of a…
UP touts faster Falcon Premium service as ‘a big deal’
Inflation and higher labor costs are two concerns for Union Pacific in the second half of this year, but company executives said improved service offerings, such as a reduction in transit time for the Falcon Premium…
What the Smuck?!? Analysts highlight Hostess deal risks
Twinkie-flavored Uncrustables? (Chart: Barchart.com Inc.) Just when I thought I had figured out that the health-focused segment was the growth area in food, and thus the most attractive acquisition target, on Monday the J.M.…
