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CCJ Top 250
Business: Page 40
Business
Werner founder to pay nearly $487k in fines to FTC for alleged antitrust law violations
Clarence L. Werner was accused by FTC and DOJ of not reporting certain acquisitions of company stock as required by federal antitrust laws. Also: FMCSA amending certain hazmat regs to reflect latest CVSA handbook.
December 24, 2021
Regulations
CVSA adopts program aimed at addressing driver fatigue
The North American Fatigue Management Program is an educational and training program aimed at preventing fatigue-related risks and crashes. Also: Alcohol distributor testing 10 Xos electric trucks; 3PL Redwood Logistics acquired.
December 16, 2021
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Regulations
Senators raise concern over cross-border vaccine mandate for truckers
In a letter to President Biden, a group of Senators asked the administration to engage with Canada to discuss the looming mandates. Also: Schneider to test in-truck alcohol detection system; UPS surpasses 1 billion COVID vaccines delivered.
December 15, 2021
Economic trends
Trucking conditions hit lowest point since July 2020
Rising fuel prices were the biggest reason for the decline, FTR said, as freight rates, volume and utilization remained strong. Also: EPA administrator test drives electric Volvo, Mack trucks; Certain Kenworths, Peterbilts recalled; more.
December 14, 2021
Business
Ryder acquiring e-commerce, omnichannel fulfillment provider
With the expanded footprint following the acquisition, Ryder’s e-commerce and omnichannel fulfillment solution is expected to be able to deliver to 100% of the U.S. within two days and 60% of the U.S. within one day.
December 13, 2021
Business
Koch Trucking to pay $500,000 to settle EEOC lawsuit over strength test
EEOC alleged in 2019 that Stan Koch and Sons sexually discriminated against women with a strength test administered to prospective drivers. Also: Fitch Ratings has positive outlook on trucking; Ryder recognizes carriers for outstanding service.
December 10, 2021
Business
Knight-Swift spends $150M to grow its LTL network
MME's regional footprint complements Knight-Swift's southeastern and midwestern LTL presence alongside its AAA Cooper Transportation brand, which together cover over half the U.S.
December 6, 2021
Business
Tell your story first: Using driver data to lower insurance costs
Something as simple as failure to wear a seatbelt sets off red flags for insurance underwriters.
December 6, 2021
Business
Long live insurance
AI and automation are empowering insurance businesses to return to their human-centric roots.
December 4, 2021
Economic trends
Trucking volumes, pricing fell in October while driver availability improved
ACT Research's monthly For-Hire Trucking Index showed an increase in driver availability. Also: Peterbilt deploying augmented reality tools to service techs; Aon, CarrierHQ partner for Last Mile Delivery insurance offering.
December 1, 2021
Business
Werner boosts final mile business via acquisition, TFI adds reefer capacity
In the deal, TFI picked up more than 150 company drivers and owner operators, more than 120 tractors and nearly 400 refrigerated and dry van trailers.
November 29, 2021
Safety
Cargo theft likely to spike over the next seven days
Port backlogs create an opportunity for cargo thieves to "shop."
November 20, 2021
Economic trends
What to expect with diesel prices in the coming months
Depending on the severity of the upcoming winter, diesel prices could continue to increase for the next few months. Prices are expected to fall in 2022, however, as refineries increase production.
November 18, 2021
Business
New load opportunities, new brokers, to flow through 'Convoy for Brokers' platform
The Convoy company is stepping into load-board territory with a new "Convoy for Brokers" program -- offering new load opportunities to owner-ops in the platform from freight brokers other than Convoy's brokerage itself.
November 18, 2021
Business
PS Logistics picks up another Alabama-based fleet
Since 2014, PS Logistics has acquired and integrated 23 trucking and logistics operations, including six this year and two this month.
November 16, 2021
Business
Trucking industry imperiled by spike in nuclear verdicts
Large court-ordered verdicts are fueling higher prices for Truckers Auto Liability Insurance and reducing access to Excess Liability Insurance – two critical types of coverage because of the severity of many trucking accidents.
November 11, 2021
Insurance
Biden announces plans for port, border-crossing improvements to help supply chain
Using funding from the recently passed infrastructure bill, Biden outlined ways the administration plans to clear bottlenecks at ports and update State Freight Plans to ensure best practices across the board.
November 11, 2021
Business
PS Logistics makes fifth acquisition this year, picks up Oklahoma flatbedder
The combination of Starke, Florida-based DMT Trucking and Daryl Thomason Trucking provides PS Logistics with 108 trucks, 167 53-foot flatbed trailers, and additional terminals in Oklahoma and Arkansas.
November 10, 2021
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Top Stories
Cybersecurity
NMFTA warns of Chinese components in trucking technology
The trucking industry's expanded digitization increases its potential for cybercrime, and China could be a key threat to the U.S. via technology in transportation.
Business
Kandel Transport acquired by Nagle Companies
Business
Marten Transport CEO stepping down, Randy Marten to return
Regulations
U.S. 'pausing' work visas for commercial truck drivers
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