About Igor Udovchenko

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So far Igor Udovchenko has created 2221 blog entries.

Semi truck veers off Arizona interstate, plummets 30 feet to road below

By |2023-08-10T19:31:29-05:00July 28th, 2023 at 12:00 AM|Trucking News|

First responders in Arizona are responding to a serious Friday morning semi truck crash that left two people injured.The crash occurred at 5:30 a.m. on Friday, July 28, near Flagstaff.When the Ponderosa Fire Department (PFD) arrived on the scene, they found “a semi that had left the westbound lane of Interstate 40, plummeting over a 30 ...more

Wabash Quarterly Profit Jumps as Margin Rises

By |2023-07-28T09:01:42-05:00July 27th, 2023 at 12:45 PM|Trucking News|

Activity at the Wabash National manufacturing facility. The Lafayette, Ind., company's net sales in the most recent quarter totaled $686.6 million. (Luke Sharrett/Bloomberg News) Wabash National posted net income of $74.3 million, or $1.54 per diluted share, in the second quarter of 2023, compared with a $22.6 million, or 46 cents-per-share profit, in the same ...more

Strategic Tactics Drive Cargo Theft Rise

By |2023-07-28T09:01:50-05:00July 27th, 2023 at 11:17 AM|Trucking News|

The trucking industry is dealing with a rise in online shipment misdirection attacks. The criminals use legitimate processes like load boards to fraudulently obtain cargo. (Tero Vesalainen/Getty Images) The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics. Verisk Analytics’ CargoNet in a second-quarter report ...more

Large US-Mexico Truck Crossing to Reopen in Texas

By |2023-07-28T08:20:42-05:00July 27th, 2023 at 11:02 AM|Trucking News|

About 300 trucks weekly are expected to pass through Marcelino Serna once trade there resumes starting Aug. 7. (U.S. Customs and Border Protection) A Mexico border crossing in Texas for commercial truck traffic will reopen after six years starting Aug. 7 to provide an alternative to the Juarez-El Paso land ports of entry. Located 17 ...more

AI Startup Helps Diesel Trains Clean Up Their Emissions

By |2023-07-27T16:26:08-05:00July 27th, 2023 at 10:54 AM|Trucking News|

General Electric diesel locomotives stand on the final assembly line at the GE Manufacturing Solutions facility in Fort Worth, Texas. (Luke Sharrett/Bloomberg) Transportation is responsible for one quarter of the world’s greenhouse gas emissions. While companies have touted electric vehicles and sustainable aviation fuel as ways to cut emissions from air and road travel, reducing ...more

Norfolk Southern Says Derailment Cost Soars to $803 Million

By |2023-07-27T16:26:12-05:00July 27th, 2023 at 10:20 AM|Trucking News|

Norfolk Southern’s revenue declined to $2.98 billion in the second quarter. (Norfolk Southern Corp.) OMAHA, Neb. — The costs associated with Norfolk Southern’s fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits. Norfolk Southern recorded ...more

Covenant Reports Revenue, Earnings Decline for Q2

By |2023-07-27T09:55:00-05:00July 27th, 2023 at 9:55 AM|Trucking News|

Covenant says it is pleased with the initial operating results of Lew Thompson & Son Trucking after acquiring the company in the first quarter. (Covenant Logistics) Covenant Logistics Group Inc. reported a year-over-year decrease in revenue and earnings during the second quarter of 2023, the company reported July 26. The Chattanooga, Tenn.-based truckload carrier posted ...more

Shell Earnings Top $5 Billion in Q2

By |2023-07-27T12:19:45-05:00July 27th, 2023 at 9:33 AM|Trucking News|

(Andrey Rudakov/Bloomberg News) LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year as energy prices have plunged. The British energy company said its adjusted earnings followed lower oil and ...more

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