Uber Raises $1.2 Billion With Aurora-Linked Bond Deal

By |2025-05-21T12:20:41-05:00May 20th, 2025 at 5:10 AM|Trucking News|

Aurora shares have slumped 15% since the deal was announced. (Aurora Innovation) Uber Technologies Inc.’s $1.2 billion exchangeable bond deal, linked to its shares in a self-driving truck firm, shows why the unusual financial maneuver can be more attractive than a typical stake sale, according to observers. Last week, the San Francisco-based ride-hailing company issued ...more

Freight Opportunities Seen at Ports of Baltimore, Sacramento

By |2025-05-21T12:20:46-05:00May 20th, 2025 at 3:12 AM|Trucking News|

Last year, the Port of Baltimore retained its national top spot for handling 848,628 tons of roll-on/roll-off farm and construction machinery. (Nathan Howard/Bloomberg) OXON HILL, Md. — East and West coast economic development officials promoted trucking and multimodal logistics opportunities around the ports of Baltimore and Sacramento during the U.S. Commerce Department’s multinational deal-making SelectUSA ...more

By |2025-05-20T15:24:17-05:00May 20th, 2025 at 12:00 AM|Trucking News|

On Tuesday morning, Transportation Secretary Sean Duffy promised to support the trucking industry by acting to enforce English Language Proficiency (ELP) requirements for commercial vehicle drivers at the direction of the Trump Administration. During a press event in Austin, Texas, on May 20, Duffy was joined by trucking industry stakeholders, including the Owner-Operator Independent Drivers ...more

By |2025-05-20T15:24:22-05:00May 20th, 2025 at 12:00 AM|Trucking News|

A truck driver is facing assault charges after he knocked out a homeowner yelling at him for using his property to turn his semi truck around.  The incident happened on Wednesday, May 14th  in the 4200 block of Susquehanna Trail in Conewago Township, Pennsylvania. According to witnesses at the scene, 31-year-old truck driver Brandon Dominique Hargraves ...more

By |2025-05-20T15:24:26-05:00May 20th, 2025 at 12:00 AM|Trucking News|

A truck driver was rushed to the hospital after he was found impaled on rebar at a construction site under an Interstate 35 bridge.  The truck driver was found by a construction worker at about 4 p.m. on Monday, May 19th at a work site under I-35 northbound near the 2nd Street exit. According to KOCO ...more

By |2025-05-20T11:24:41-05:00May 20th, 2025 at 12:00 AM|Trucking News|

Vermont State Police (VSP) responded to a stuck truck that blocked Smuggler’s Notch for hours on Monday. Shortly after 11 a.m. on May 19, troopers responded to VT 108 S (Smuggler’s Notch) in the town of Cambridge, Vermont, for a reported stuck truck.“Investigation revealed the operator, Musa Boima, 36, of Maryland, was traveling from Waterbury ...more

By |2025-05-21T11:23:43-05:00May 20th, 2025 at 12:00 AM|Trucking News|

A truck driver is at large after getting stuck in a historic cemetery and ditching his trailer over the weekend.  The incident happened on May 18th at the Spring Hill Cemetery in Charleston, West Virginia. According to WCHS TV, the truck driver took his tractor trailer through the winding roads of the cemetery for unknown reasons. ...more

By |2025-05-21T11:23:48-05:00May 20th, 2025 at 12:00 AM|Trucking News|

A motorist’s attempt to haul a mobile home in Joplin, Missouri, resulted in state police issuing multiple citations, according to a local news outlet. The mobile home haul took place on the morning of Friday, May 16.KOAM says that locals spotted a Ford Expedition SUV pulling a full-sized mobile home in the Joplin area. The ...more

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