By |2025-03-18T07:25:19-05:00March 17th, 2025 at 12:00 AM|Trucking News|

The truck driver in a fatal crash that left five people dead was on central nervous system depressants at the time of the accident.  The accident happened at 11:21 p.m. in a construction zone on Interstate 35 in Austin, Texas. Now, 37-year-old truck driver, Solomun Weldekeal Araya is facing multiple counts of intoxication manslaughter and ...more

By |2025-03-18T11:24:32-05:00March 17th, 2025 at 12:00 AM|Trucking News|

Semi trucks are getting their GPS devices stolen in certain parts of Chicago for the last month, police say.  The thefts started last month, with the most recent robbery occurring on Sunday, March 16th. The incidents occurred in the Gage Park, West Lawn, and Armour Square neighborhoods in the South and Southwest sides of Chicago, ...more

By |2025-03-18T11:24:37-05:00March 17th, 2025 at 12:00 AM|Trucking News|

The founder of a logistics and supply company has pleaded guilty to defrauding a bank and to making false statements to the United States Department of Veterans Affairs (VA). On March 6, 2025, Spencer Askew, 46, the founder and former CEO of Georgia-based E-Freight Solutions Worldwide, LLC, pleaded guilty to charges of bank fraud and ...more

PepsiCo Is Near $1.5 Billion-Plus Deal for Soda Brand Poppi

By |2025-03-17T08:20:21-05:00March 14th, 2025 at 11:09 AM|Trucking News|

(Eugene Gologursky/Getty Images) PepsiCo Inc. is in advanced talks to buy healthier soda brand Poppi, according to people with knowledge of the matter. The Purchase, N.Y.-based beverage giant could announce the transaction as soon as next week, said one of the people, who asked not to be identified discussing confidential information. The purchase price under ...more

Consumer Sentiment Drops, Price Expectations Soar on Tariffs

By |2025-03-17T08:20:26-05:00March 14th, 2025 at 10:26 AM|Trucking News|

(Cebas/Getty Images) U.S. consumer sentiment fell to a more than two-year low and long-term inflation expectations jumped by the most since 1993, illustrating growing apprehension about the economic impact from tariffs. The preliminary March sentiment index dropped to 57.9, the lowest level since November 2022, from 64.7 a month earlier, according to University of Michigan ...more

CATL 2024 Profit Climbs 15% on Strong EV Battery Demand

By |2025-03-17T08:20:31-05:00March 14th, 2025 at 9:54 AM|Trucking News|

Vehicle batteries sit on display in the welcome center at a Contemporary Amperex Technology Co. Ltd site. (Qilai Shen/Bloomberg News) Contemporary Amperex Technology Co. Ltd. posted record annual earnings for 2024, the strong financials further evidence of its commanding market position at a time some rivals are faltering. The world’s biggest maker of electric vehicle ...more

Class 8 Truck Sales Lose More Ground to Previous Year

By |2025-03-14T16:20:10-05:00March 14th, 2025 at 9:30 AM|Trucking News|

A Freightliner Cascadia equipped with Torc's autonomous driving technology on display at Manifest 2025 in Las Vegas. (Seth Clevenger/Transport Topics) U.S. Class 8 retail sales in February tallied below the year-ago level, continuing an early trend for 2025, according to data from Wards Intelligence. Sales decreased 10.7% to 15,725 units from 17,619 during the same ...more

Wabash to Quadruple Size of TaaS Fleet

By |2025-03-17T16:20:38-05:00March 14th, 2025 at 5:15 AM|Trucking News|

New Wabash trailers at its Lafayette, Ind., factory. Wabash’s trucking-as-a-service business currently has around 1,000 trailers, but as many as 4,000 trailers may be available by the end of 2025. (Wabash) Trailer manufacturer Wabash intends to expand the size of its trucking-as-a-service fleet by as much as a factor of four by the end of ...more

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