A man will serve more than six years in prison for the kidnapping of a trucker who was able to escape the situation when the man dozed off. The incident happened on January 13th, 2023. The man, Barry Perez, was sentenced on June 20th, 2025. According to the United States Attorney’s Office, Perez initially stole a ...more
A truck driver dramatically dangles off of a bridge in this video of a recent landslide aftermath in China. The video was filmed on the Houzihe Bridge in China this week after days of excessive rainfall in the region, reported News18. The rain caused a landslide, which caused the earth to shift underneath the bridge, ...more
The owner of a Pennsylvania diesel repair and towing company is facing multiple charges for allegedly performing or facilitating hundreds of “deletes” or “tunes” on commercial trucks. On June 3, 2025, a federal grand jury in Pennsylvania indicted Matthew Caroluzzi and his company, Matt’s Heavy Duty Mobile Diagnostics and Truck Repair and Heavy Towing (Matt’s ...more
A truck driver is dead and several workers are injured after a semi truck crashed into a worksite in Michigan on Tuesday morning. The accident happened on June 24th at around 9 a.m. on Interstate 75 near Interstate 275 in Frenchtown Township, Michigan. According to CBS News, a crew with the Michigan Department of Transportation was ...more
Fred Smith, FedEx Chairman and Founder, Dies at 80
“Fred Smith was a titan of the trucking industry," Spear said. (Anna Moneymaker/Bloomberg) Fred Smith, who transformed the parcel shipping industry by risking his family’s fortune to found FedEx Corp. in 1971, has died. He was 80. “It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder ...more
Small-Parcel Shipments From China to US Fall 40% on Tariffs
"Made in China" labels on packages at a fulfillment center in New Jersey. (Bing Guan/Bloomberg) U.S. tariff hikes on small packages from China triggered a slump in shipments last month, contributing to a huge drop in bilateral trade and roiling exporters like Shein Group Ltd. The value of small parcels sent from China to the ...more
Home Depot Challenges Brad Jacobs-Led QXO for Supplier Deal
(Wilfredo Lee/AP/File) Home Depot Inc. has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building products distributor, the Wall Street Journal reported June 19. The offer from Home Depot, the world’s largest home-improvement retailer, is for an undetermined ...more
NYC Sets Smaller Driver Pay Raise After Uber, Lyft Resistance
The Lyft logo visible on a rideshare car in New York City. (John Taggart/Bloomberg News) New York City on June 20 announced new minimum-pay rules for rideshare drivers, settling on a smaller-than-proposed 5% increase following pushback from Uber Technologies and Lyft Inc. An earlier proposal called for a 6.1% pay boost. The finalized regulations from ...more
DAT, OTR Settle Dispute Over Outgo Acquisition
Neither company provided details on what the settlement involved. (Ashi Sae Yang/Getty Images) DAT Freight & Analytics and OTR Solutions this week resolved a dispute over the former’s acquisition of Seattle-based factoring specialist Outgo in May. A potentially explosive June 17 emergency hearing in the Superior Court of Cobb County in Georgia was canceled after ...more