Old Dominion Tops Estes’ Bid for Yellow Terminals

By |2023-08-21T09:00:35-05:00August 19th, 2023 at 1:38 AM|Trucking News|

Old Dominion was founded in 1934, making it nearly as established as Yellow, which had been in business 99 years. (Old Dominion Freight Line) Trucking company Old Dominion Freight Line Inc. has offered $1.5 billion to acquire Yellow Corp.’s 169 terminals out of bankruptcy, more than a previous offer from Estes Express Lines. YELLOW DRIVERS:Trucking ...more

Mexico’s Fultra Buys Ohio-based Trailer Manufacturer East

By |2023-08-18T20:20:14-05:00August 18th, 2023 at 12:03 PM|Trucking News|

East Manufacturing's Horizon round-bottom trailer. (East Manufacturing) Mexican truck parts and trailer specialist Fultra bought trailer manufacturer East Manufacturing, the companies said. East declined to disclose the price. Randolph, Ohio-based East, which was founded in 1968, manufactures aluminum flatbed, drop-deck, dump, round-bottom and refuse trailers as well as steel dump trailers and aluminum truck bodies. ...more

Trucking Community Rallies Around Ex-Yellow Drivers at NTDC

By |2023-08-21T09:00:44-05:00August 18th, 2023 at 11:11 AM|Trucking News|

"It's been rough," says Istre of qualifying for nationals but then learning he was out of a job at Yellow after nearly 30 years. (Dan Ronan/Transport Topics) COLUMBUS, Ohio — Dan Istre, the seven-time Idaho state champion from Caldwell, Idaho, confidently climbed into the cab to compete in the twins division at the National Truck ...more

Intricate Driving Course Vexes NTDC Field

By |2023-08-18T20:20:18-05:00August 18th, 2023 at 10:11 AM|Trucking News|

Olamide Olayiwola of FedEx Freight discusses the intricacies of the course after completing his 3-axle run. (John Sommers II for Transport Topics) COLUMBUS, Ohio — Sharp turns on a narrow stretch complemented by an alley dock maneuver stumped many elite competitors during the first driving day at the 86th annual “Super Bowl of Safety.” Drivers ...more

Deere Raises Profit Outlook With Farmer Demand Still Strong

By |2023-08-18T16:20:45-05:00August 18th, 2023 at 9:44 AM|Trucking News|

For the quarter ended July 30, Deere’s reported adjusted earnings per share of $10.20 beat estimates of $8.19. (Deere & Co.) Deere & Co. lifted its financial outlook for the year as machinery demand from farmers remained robust despite slumping crop prices. The world’s top agricultural equipment producer expects net income for fiscal 2023 between ...more

Georgia Tax Revenue Rises on Restarted Motor Fuel Taxes

By |2023-08-18T16:20:49-05:00August 18th, 2023 at 9:10 AM|Trucking News|

Georgia motor fuel tax collections in July reached $179.5 million, making up 62% of total taxes collected that month. (Willard/Getty Images) Georgia’s reinstatement this year of motor fuel taxes helped the state collect 13.1% more revenue to reach nearly $2.5 billion in July compared with the previous year. Gov. Brian Kemp’s office announced Aug. 10 ...more

Revived Amazon Service for Sellers Competes With UPS, FedEx

By |2023-08-21T09:00:53-05:00August 18th, 2023 at 8:14 AM|Trucking News|

Amazon Shipping operates only for domestic shipments. (Stephanie Keith/Bloomberg) Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic and that competes with carriers such as FedEx and UPS. Amazon Shipping, which allows sellers to ship Amazon orders or products sold on other sites, has relaunched, the company confirmed ...more

San Francisco Tests Out Driverless EV Shuttle

By |2023-08-21T08:20:58-05:00August 18th, 2023 at 5:30 AM|Trucking News|

A driverless shuttle stops for a passenger on San Francisco's Treasure Island. (Terry Chea/Associated Press) SAN FRANCISCO — First came the robotaxis. Then the driverless buses arrived. San Francisco has launched an autonomous shuttle service less than a week after California regulators approved the expansion of robotaxis despite traffic and safety concerns. The free shuttle ...more

Anthony Spero, ‘The Mayor,’ to Retire From NTDC

By |2023-08-20T20:21:51-05:00August 18th, 2023 at 4:30 AM|Trucking News|

The family of Anthony Spero (center), consisting of wife Dee Dee (right of Spero), two sons, two daughters-in-law and three grandchildren, was on hand for the trucking veteran's farewell to NTDC. (John Sommers II for Transport Topics) COLUMBUS, Ohio — For his final appearance as a competitor at the “Super Bowl of Safety,” Anthony “Tony” ...more

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