A trucking company owner has been sentenced to 23 years in prison for a $54M ponzi scheme that swindled 2,000 investors. 45-year-old Sanjay Singh, owner of Royal Bengal Logistics, was sentenced to 23 years on Friday, May 30th in Fort Lauderdale, Florida court. According to Miami Herald, Singh promised ownership in ...more
Supply Chain Envoy Stephen Lyons Sees Significant Improvement From 2021
White House Supply Chain Envoy Stephen Lyons says the nation’s supply chain is ending 2022 in a much better position ...more
FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments
FedEx Corp. reported fiscal second-quarter earnings that beat analysts’ estimates, lifted by price increases and cost cuts that helped make ...more
Five States Extend Driving Hours for Heating Fuel Deliveries
Colorado, North and South Dakota, Utah and Wyoming have declared temporary emergency exemptions of federal driving hours for deliveries of ...more
Toyota President Expresses Caution on Electric Vehicles
The president of Toyota Motor Corp. is publicly questioning whether the auto industry should transition as quickly to electric vehicles. ...more
Winter ‘Bomb Cyclone’ Bears Down on Chicago Ahead of Holiday Travel Rush
Chicago is in the crosshairs of a powerful winter storm that could become a “bomb cyclone” — with deep snow, ...more
Truck driver killed by car after trying to cross five lanes of traffic on foot
Police in Redmond, Oregon, are investigating a passenger vehicle versus pedestrian crash that claimed the life of a semi truck ...more