CCJ StaffCompaniesNikola founder guilty of securities, wire fraudTrevor Milton was found guilty Friday on one count of securities fraud and two counts of wire fraud by a federal jury in Manhattan.October 14, 2022RegulationsFMCSA leaving personal conveyance hours of service guidance as-isThe agency denied a petition from CVSA to add time or distance limits to drivers' use of personal conveyance. Also: CarriersEdge introduces training resource library; Ryder recognized fleets in Carrier Quality Awards.October 14, 2022WorkforceTwo former inmates using box truck course to help others beat the oddsAaron Smith and Ed Hennings are well aware of trucking's driver shortage and believe their Escaping the Odds box truck course can help bring more drivers into the industry.October 14, 2022Mergers & AcquisitionsKenan Advantage Group expanding in Canada, acquires Toronto 3PLKenan Advantage Group has made four acquisitions this year.October 13, 2022Mergers & AcquisitionsTwo Top 250 carriers make acquisitionsNFI has acquired Wilmington, North Carolina-based MCO Transport. Bison will acquire Hermon, Maine-based Pottle’s Transportation.October 12, 2022BusinessXPO board approves spin-off of brokerage businessXPO's Board of Directors approved the spin-off, which will create two separate companies -- a truckload freight broker (RXO) and an LTL trucking company (XPO). Also: Great Dane recalls trailers; Geodis expands in U.S. with new acquisition.October 12, 2022Mergers & AcquisitionsBay & Bay Transportation offloads its tanker businessBay and Bay CEO Sam Anderson noted that the divestiture of its tank business allows Bay and Bay to further focus and invest in its refrigerated trucking and multi-modal logistics businesses.October 11, 2022TrucksPresident Biden visits Volvo's powertrain plantVolvo last week hosted President Joe Biden at the Volvo Group Powertrain Operations facility in Hagerstown, Maryland, for National Manufacturing Day. Also: Carriers sought to participate in annual Wreaths Across America events.October 11, 2022Economic trendsTrucking employment numbers take a dive, per BLSThe Bureau of Labor Statistics' monthly Jobs Report showed trucking lost more than 11,000 jobs last month. Also: Averitt recognized for sustainability efforts; FMCSA denies request for pulsating brake light exemption for all trucks.October 10, 2022TechnologyInsurtech Cover Whale offers two new technology platformsAlso: Another state joins the Drivewyze Smart Roadway program; software and logistics companies partner to offer access to capacity for produce shippers; and a tracking solutions provider rolls out a new user interface.October 9, 2022Previous PagePage 138 of 215Next PageTop StoriesBusinessPeninsula Truck Lines adding PNW compliance surchargeWashington-based carrier adding $3 per shipment surcharge to all freight originating in or destined for Washington and OregonTechnologyCourt halts NYSTA surcharge on commercial trucking toll management service providersBusinessAbilene Motor Express folding into Swift TransportationBusinessQuantix partnering with liquid bulk haulers MC Tank Lines, Leahy TransportMergers & AcquisitionsKoch doubles its nationwide square footage with SOS acquisition
