Del Monte Foods Files for Bankruptcy
Del Monte executed a debt overhaul last year. (Daniel Acker/Bloomberg) Canned food company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring. The company entered into a lender-backed restructuring support agreement that calls for the food producer to sell its assets in bankruptcy ...more
The Federal Motor Carrier Safety Administration (FMCSA) has provided guidance on how motor carriers should ensure that their drivers are ...more
A pair of team drivers were ticketed for falsified logbooks after police arrived at the scene of their failed u-turn ...more
Over one thousand drivers have lost their Commercial Driver’s Licenses (CDL) for good as part of a long-standing Border Patrol program. ...more
The Ohio Trucking Association is reminding motorists to treat semi trucks with respect in the wake of a fiery wreck ...more
Increasing reliance on technology in the trucking industry is making it easier for cargo thieves to steal goods, the National ...more
FedEx Cuts Guidance Amid Trade and Demand Worries
Although it typically provides a full-year forecast, FedEx said it would only share its outlook for the current quarter due ...more
Amazon Ramps Up Zoox Robotaxi Factory
In this undated handout photo provided by Zoox, Zoox robotaxis are assembled at a 220,000-square-foot ...more
Class 8 Truck Sales Drop 5% Year Over Year in May
A Mack Trucks dealership in Houston. Mack reported sales increased 1.5% to 1,637 units in ...more
DOT’s Duffy Announces ‘Road Map’ for Air Taxis
A Wisk Generation 6 autonomous eVTOL prototype aircraft at the Paris Air Show on June ...more
May Trailer Orders Increase 12% From Last Year
McNealy cautioned that expectations for subdued build and order intake levels this year remain intact. ...more
AI Vehicle Software Supplier Applied Intuition Raises $600M
“The last eight years have been about building the infrastructure to enable vehicle intelligence at ...more
Nippon Steel Closes $14.1 Billion Acquisition of US Steel
Logo of Nippon Steel on the exterior of Blast Furnace No. 1 at the company's ...more
Trump Prepares New Round of Tariffs
President Donald Trump by Al Drago/Bloomberg The Trump administration is pressing ahead with another tariff ...more
Keyera to Buy Plains’ Canada Natural Gas Liquids Unit for $3.8B
Plains All American Pipeline crude oil storage tanks in West Odessa, Texas. (Angus Mordant/Bloomberg News) ...more
Rivian Spins Out ‘Micromobility’ EV Startup Called Also
A Rivian R1T electric vehicle pickup truck in New York. (Yuki Iwamura/Bloomberg News) Rivian Automotive ...more
A bill reintroduced in the U.S. House of Representatives this week aims to support truckers ...more
The 17th deportation of the truck driver in the fatal Colorado crash that killed an ...more
DHL Group Acquires White-Glove Logistics Specialist Cryopdp
DHL Supply Chain CEO Oscar de Bok (left) and Cryoport CEO Jerrell Shelton at the ...more
Per-mile Rates Are Surging after The First Phase of Reopening
Per-mile spot market rates jumped in all three segments in June, according to data on ...more
A truck driver just walked away and abandoned his bobtail semi truck on Interstate 35 ...more
Iowa DOT catches wildly illegal load securement violation
This week, Iowa DOT Motor Vehicle Enforcement (MVE) called out a jaw dropping heavy equipment ...more