The California Highway Patrol (CHP) says that a truck driver will be okay following a crash off I-80 over the weekend.The crash occurred shortly after 9 a.m. on Saturday, July 29 near Farad, California, near the Nevada border.A truck reportedly crashed off I-80 and down an embankment, coming to a stop just a few feet ...more
A trucking company in Quebec has been ordered to rehire a driver fired for a DUI crash in Pennsylvania last year. The female truck driver was fired after a crash on June 30th, 2022, which caused damage to the truck but did not result in injuries. The truck driver had consumed at least nine beers prior to ...more
A memo to employees and customers is posted on a padlocked Yellow facility in Carlisle, Pa. (Photo obtained by Transport Topics) Less-than-truckload company Yellow Corp. on July 30 shut down operations, ending a nearly 100-year history as one of the nation’s largest carriers, and the company began posting notices at terminals. “Dear Valued Customers and ...more
Carrier said its new models offer higher efficiency and significantly reduced emissions. (Carrier) Carrier Transicold is rolling out two additional models in its Vector trailer refrigeration product line, the company said. The 8700 and 8800MT models include what Atlanta-based Carrier argues is an enhanced version of the smart engine used by the company’s existing models, ...more
A ribbon-cutting ceremony was held in June at a new road linking Interstate 29 to the Port of Blencoe in Iowa. (U.S. Economic Development Administration, U.S. Department of Commerce) A new rural freight road partially funded by a $1 million U.S. Department of Commerce grant is enabling farmers to move agricultural freight from Interstate 29 directly ...more
United reported total Q2 revenue of $3.554 billion. (United Rentals Inc. via YouTube) United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said. Already among the largest equipment rental companies in the U.S., United said Q2 ...more
Exxon's net income dropped to $7.9 billion, less than half the level of a year earlier. (Andrew Harrer/Bloomberg) Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit — the longest decline since the 2014-2016 oil market crash — amid weaker natural gas prices and shrinking returns from fuel sales. ...more
Ford raised its guidance for full-year pretax profits. (Patrick T. Fallon/Bloomberg News) DETROIT — Ford Motor Co.’s second-quarter profit more than tripled to $1.92 billion versus a year ago on strong internal combustion and commercial vehicle sales, but losses grew along with growing pains in the electric vehicle business. Pretax losses at Model e, the ...more
A worker at Allison Transmission. The company posted record second-quarter sales of $783 million, an 18% increase from $664 million in the same period in 2022. (Allison Transmission) Allison Transmission Holdings Inc. reported net income of $175 million in the second quarter of 2023, up 43% compared with $122 million in the same period a ...more
Yellow Logistics is a nonunion, independent subsidiary of Yellow that is formerly known as HNRY Logistics, which launched in 2018. (Yellow Corp.) Yellow Corp. says it is shopping its third-party logistics broker, Yellow Logistics, to raise cash as the less-than-truckload company attempts to remain in business. “Yellow Logistics is one of the fastest-growing 3PLs in ...more
