A 911 operator used the successful Clark Memorial Bridge rescue as a way to reassure the dangling truck driver in Louisville over the weekend. The truck driver crashed through a concrete barrier on Sunday, May 4th on southbound Interstate 65 in Louisville, Kentucky near the border. The crash left the cab of the semi truck ...more
Two truck drivers and their families will now pursue a lawsuit against Amazon after incidents involving poor signage at an Indiana warehouse that led to severe injury and death. Both truckers were attempting to make deliveries to an Amazon warehouse in Hancock County, Indiana, but were confused about where they needed to go due to ...more
A $6,000 reward is being offered for any information on the death of a lady trucker found on the side of an East Texas highway more than 10 years ago. 51-year-old Lillian Desiree Descoteau was found along an entrance ramp to Interstate 20 off of FM 450 in Hallsville, Texas on October 7, 2013. According to ...more
A truck driver with “no remorse” for the accident was sentenced to more than 22 years on Monday after colliding with a bus full of juvenile hockey players. Truck driver Victor Santos, of Brooklyn, New York City, New York, pleaded guilty to 26 counts each of criminal recklessness, and causing serious bodily injury while operating ...more
ATRI: Repeal of Truck Excise Tax Would Cut Costs
The excise tax on a model year 2024 zero-emission truck costing as much as $435,000 can total more than $52,000. (Rechtien International Trucks) A repeal of the 12% federal truck excise tax for new trucks would not only cut costs for truckers, it could benefit the environment and safety, according to new research by the ...more
Shell Studies Acquisition of BP, Reports Say
(Bloomberg) BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K. rival. BP’s American depositary receipts climbed 1.9% to $28.64 at 9:33 a.m. in New York. The London Stock Exchange is closed May 5 due to a bank holiday. Other major ...more
Ram Brings Back Cheaper US-Made Pickup to Fuel Recovery
Ram 1500 Express. (Stellantis North America via Facebook) Stellantis NV’s Ram brand is bringing a cheaper version of its Michigan-made pickup truck to the U.S. market in a bid to bolster sales and minimize its tariff bill. The new Ram 1500 Express, which starts at $44,495, will reach dealerships in the third quarter. It comes ...more
Tiny Logistics Firm’s Shares Surge on Plan to Buy Trump Coin
(Freight Technologies Inc.) A small logistics company’s plan to hold President Donald Trump’s memecoin as a treasury asset is fueling its blistering stock rally. Freight Technologies Inc. said it will use proceeds from the sale of convertible notes to buy the Trump digital token. The company intends to start with a $1 million offering, and ...more
OPEC+ Throws ‘Bombshell to the Oil Market’
Pump jacks in Russia. (Andrey Rudakov/Bloomberg) OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing overproducing members that has sent crude prices plunging. Key nations led by Saudi Arabia and Russia agreed to add 411,000 barrels a day next month, according to a ...more
California Awards Tax Credits for Port, Hydrogen Projects
Marine Terminals Corp. was awarded an $800,000 tax credit for an $8 million investment in heavy equipment and hiring three full-time employees as part of its expansion at Port Hueneme. (Port of Hueneme) California Gov. Gavin Newsom awarded a $29.3 million tax credit package to seven companies, including $1.5 million for a hydrogen fuel facility ...more