Several truck drivers were injured on Thursday when high winds toppled multiple semi trucks on an Arizona interstate.The blowovers occurred on the afternoon of July 27 on I-10 near New Hope, Arizona.Multiple jackknifed big rigs on both sides of I-10 south of Vicksburg due to thunderstorm outflow. Severe thunderstorm warning in effect. Time is 4:45 ...more
The Teamsters say that layoffs and terminal closures appear to be happening at trucking giant Yellow Corp on Friday as the company reportedly prepares for bankruptcy.Nashville headquartered-Yellow is the nation’s third largest LTL carrier but it appears that the company will not survive ongoing disputes with the International Brotherhood of Teamsters (IBT), a near-miss strike, ...more
Dash cam video captures a semi truck driver going above and beyond to help stop a moving car after the driver suffered from a medical emergency.The video was captured on July 19 on Annacis Island in British Columbia, according to Global News.Truck driver Jaspreet Singh, 26, noticed something was off when a small blue came ...more
Activity at the Wabash National manufacturing facility. The Lafayette, Ind., company's net sales in the most recent quarter totaled $686.6 million. (Luke Sharrett/Bloomberg News) Wabash National posted net income of $74.3 million, or $1.54 per diluted share, in the second quarter of 2023, compared with a $22.6 million, or 46 cents-per-share profit, in the same ...more
The trucking industry is dealing with a rise in online shipment misdirection attacks. The criminals use legitimate processes like load boards to fraudulently obtain cargo. (Tero Vesalainen/Getty Images) The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics. Verisk Analytics’ CargoNet in a second-quarter report ...more
About 300 trucks weekly are expected to pass through Marcelino Serna once trade there resumes starting Aug. 7. (U.S. Customs and Border Protection) A Mexico border crossing in Texas for commercial truck traffic will reopen after six years starting Aug. 7 to provide an alternative to the Juarez-El Paso land ports of entry. Located 17 ...more
General Electric diesel locomotives stand on the final assembly line at the GE Manufacturing Solutions facility in Fort Worth, Texas. (Luke Sharrett/Bloomberg) Transportation is responsible for one quarter of the world’s greenhouse gas emissions. While companies have touted electric vehicles and sustainable aviation fuel as ways to cut emissions from air and road travel, reducing ...more
Norfolk Southern’s revenue declined to $2.98 billion in the second quarter. (Norfolk Southern Corp.) OMAHA, Neb. — The costs associated with Norfolk Southern’s fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess and moves forward with all the related lawsuits. Norfolk Southern recorded ...more
Covenant says it is pleased with the initial operating results of Lew Thompson & Son Trucking after acquiring the company in the first quarter. (Covenant Logistics) Covenant Logistics Group Inc. reported a year-over-year decrease in revenue and earnings during the second quarter of 2023, the company reported July 26. The Chattanooga, Tenn.-based truckload carrier posted ...more
(Andrey Rudakov/Bloomberg News) LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year as energy prices have plunged. The British energy company said its adjusted earnings followed lower oil and ...more
