Two former executives of carrier Roadrunner Transportation Systems were charged June 15 by the U.S. Department of Justice with multiple counts of conspiracy and wire and securities fraud in a scheme that the department claims led to a loss of $245 mill…
Category: News
Israeli Entrepreneur Races Tesla to Get Electric Trucks on Road
Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it put the vehicles on the road this year.
Truck Tonnage Continues Robust Run, Climbing 7.8% in May
Truck tonnage rose 7.8% in May compared with a year ago, according to American Trucking Associations’ advanced seasonally adjusted for-hire Truck Tonnage Index. The index was up 0.7% in May compared with April.
NLRB Rules UPS Illegally Insisted Teamsters Proposal Be Written in English
UPS Supply Chain Solutions Inc. illegally insisted that a Teamsters union local in Puerto Rico translate its proposal for a collective bargaining agreement from Spanish to English, the National Labor Relations Board ruled.
Europe Said to Seek WTO Revamp in Face of Trump Trade Challenge
European Union leaders plan to push for improvements in the way the World Trade Organization operates, saying it is important to uphold the global commercial order amid “growing” tensions prompted by President Donald Trump’s tariffs.
John Conkin, Longtime Commercial Lender in Trucking, Dies at 62
John Conkin, a longtime commercial lender and supporter of the trucking industry who most recently was managing director at BMO Transportation Finance, died June 3 after a long battle with cancer. He was 62.
Investors Bet on the Uber of Brazilian Trucking
Brazilian truckers still get much of their business off of handwritten placards. he antiquated and inefficient system was ripe, low-hanging fruit to Federico Vega.
UPS adding 700 more CNG trucks, 5 new fueling stations
United Parcel Service announced it will build five additional compressed natural gas fueling stations and add more than 700 new CNG vehicles.
The $130 million dollar investment, which includes 400 semi-tractors and 330 terminal trucks, builds on prev
UPS Invests $130 Million in Natural Gas Vehicles, Infrastructure
UPS Inc. announced an additional $130 million investment in compressed natural gas vehicles, including 400 semi-tractors and 330 terminal trucks and five more fueling stations — underscoring the company’s role as a major catalyst for wide-scale adoption of natural gas vehicles.
China Vows to Retaliate as Trump Targets $200 Billion in Tariffs
Trade tensions between the world’s biggest economies intensified, with China vowing to retaliate “forcefully” against President Donald Trump’s threatened tariffs on an additional $200 billion in Chinese imports.