A truck driver lost his life on Wednesday morning in a workplace accident in San Antonio, Texas. The incident occurred shortly before 10 a.m. at a building supply company located on E. Nakoma Street, according to Kens5.San Antonio police say that the truck driver was unloading slabs of marble when the load fell on top ...more
On Tuesday, Yellow Corporation announced a lawsuit has been filed against the International Brotherhood of Teamsters (IBT), alleging that IBT is blocking the company’s attempts to modernize in order to stay in business. The lawsuit filed in the U.S. District Court for the District of Kansas accuses the Teamsters of breaching their contracts and causing more ...more
Federal transportation authorities are currently at work on new technologies that will make it possible to conduct roadside inspections while the commercial vehicle is in motion without any direct contact with an inspector. The Federal Motor Carrier Safety Administration (FMCSA) is currently developing and implementing the “Level VIII Inspection Program Operational Test,” the agency said ...more
Guangzhou Automobile Group Co. Aion Y compact electric multi-purpose vehicles at the Auto Shanghai 2021 show. (Qilai Shen/Bloomberg News) China’s Guangzhou Automobile Group Co. said it has developed the world’s first car engine that runs on ammonia, adding to new energy solutions such as battery-powered electric vehicles and hydrogen fuel cells that reduce carbon emissions ...more
Fiscal year funding authority for certain federal agencies necessitates renewal beginning Oct. 1 to avoid a partial government shutdown. (Samuel Corum/Bloomberg) Senate funding leaders expressed optimism about efforts to advance fiscal 2024 legislation in the coming months. Sens. Patty Murray (D-Wash.) and Susan Collins (R-Maine) pointed to bipartisan collaborations surrounding the consideration of measures that ...more
A worker operates a forklift to carry boxes through the warehouse of the Black & Decker Inc. DeWalt brand production plant in Charlotte, N.C. (Luke Sharrett/Bloomberg News) Orders placed with U.S. factories for business equipment rose in May for a second month, indicating companies continue to make longer-term investments despite high borrowing costs and economic ...more
River Valley Cooperative in Elkridge, Iowa, will spend its $125,000 in grant funding to provide 50 people with entry-level driver training. (River Valley Cooperative) Farmers that need financial help to offset costs from stricter federal driver’s education requirements are the big winners in $2.94 million in grants by Iowa Gov. Kim Reynolds to bolster 46 ...more
Yellow insists that its restructuring plan “is necessary to compete against nonunion carriers that dominate the LTL business today.” (Yellow Corp.) Less-than-truckload carrier Yellow Corp. filed suit June 27 against the International Brotherhood of Teamsters and certain affiliates in a Kansas court, alleging breach of contract and accusing the union of causing more than $137 ...more
The ELFA Monthly Leasing and Finance Index found that, in May, new business volume increased 1% from May 2022. But volume was down 2% from this April. (skynesher via Getty Images) A survey of companies in the equipment finance sector saw overall new business volume hit $9.5 billion in May, according to the Equipment Leasing ...more
A worker stands on a concrete berm at the Trans Mountain Pipeline expansion project at the Burnaby Terminal tank farm in Burnaby, British Columbia, Canada. (Darryl Dyck/Bloomberg News) Some of the largest oil producers in Canada are objecting to potentially rising costs and fees to ship their crude on the expanded Trans Mountain pipeline, underscoring ...more
