A tractor trailer overturned in Illinois on Monday morning while avoiding a woman running into the road. The incident happened on July 31st in West Peoria, Illinois on North Pierson Road. According to Central Illinois Proud News, the truck was traveling on North Pierson Road when the woman ran into traffic. The trucker swerved to avoid hitting ...more
One of the nation’s largest LTL carriers officially ceased operations on Sunday, leaving tens of thousands of workers without jobs.Nashville-headquartered Yellow Corp. officially ceased operations at noon on Sunday, July 30, after 99 years in operation.The news of Yellow’s end of operations was confirmed by the International Brotherhood of Teamsters (IBT) on Monday morning. IBT ...more
An animal shelter in Windsor, Connecticut, helped to reunite a truck driver and his dog after a rollover crash separated them.On July 10, the Windsor Animal Shelter responded to a semi truck rollover on the 91 S/291 W ramp in Windsor.The truck driver needed to be hospitalized for minor injuries sustained in the crash, so ...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
