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- Trailer side-guard rule likely delayed until at least October 2024by John Gallagher on December 8, 2023 at 7:06 pm
DOT’s latest regulatory agenda reveals regulators will be taking no action on a costly new safety equipment proposal for almost a year. The post Trailer side-guard rule likely delayed until at least October 2024 appeared first on FreightWaves.
- FedEx Ground hikes fuel surcharge 100 basis points, leapfrogging UPSby Mark Solomon on December 8, 2023 at 6:42 pm
UPS’ levies drop to 15% from 15.25%. The post FedEx Ground hikes fuel surcharge 100 basis points, leapfrogging UPS appeared first on FreightWaves.
- Investors pummel Nikola shares after new stock and debt salesby Alan Adler on December 8, 2023 at 6:03 pm
Nikola is offering 133.3 million new shares at 75 cents each and issuing $175 million in new debt to scale its fuel cell truck business. The post Investors pummel Nikola shares after new stock and debt sales appeared first on FreightWaves.
- Monthly trucking employment report: Steady after lots of volatilityby John Kingston on December 8, 2023 at 4:28 pm
The small rise in truck transportation jobs in November contrasts with more recent big swings. The post Monthly trucking employment report: Steady after lots of volatility appeared first on FreightWaves.
- Are startup investors getting past the FOMU cycle?by Alan Adler on December 8, 2023 at 4:00 pm
The financial freezeout of startups by investors may be thawing as FOMU -- the fear of messing up -- begins to subside. The post Are startup investors getting past the FOMU cycle? appeared first on FreightWaves.
- Sentencings in Louisiana staged truck accident case delayed againby John Kingston on December 8, 2023 at 2:45 pm
Two of the most significant plotters in the Louisiana staged accident scheme were to be sentenced Thursday but it’s been delayed. The post Sentencings in Louisiana staged truck accident case delayed again appeared first on FreightWaves.
- Postal contractor Matheson Trucking shuttering operations after 60 yearsby Clarissa Hawes on December 8, 2023 at 12:00 pm
Postal Service contractor Matheson Trucking and wholly owned subsidiaries Matheson Flight Extenders and Matheson Postal Services of Sacramento are winding down operations after six decades in business. The post Postal contractor Matheson Trucking shuttering operations after 60 years appeared first on FreightWaves.
- Teamsters warn of strike against UPS in Louisvilleby Mark Solomon on December 7, 2023 at 11:29 pm
UPS has been given until Monday to address the alleged firing of 35 union workers at its ground hub. The post Teamsters warn of strike against UPS in Louisville appeared first on FreightWaves.
- Yellow shoots down going concern bid to revive companyby Todd Maiden on December 7, 2023 at 11:14 pm
Yellow Corp. has reportedly rejected a bid that would resurrect the company from bankruptcy. The post Yellow shoots down going concern bid to revive company appeared first on FreightWaves.
- GM to provide hydrogen fuel cells for heavy-duty work trucksby Noi Mahoney on December 7, 2023 at 9:24 pm
General Motors and Autocar Industries are collaborating to create a range of hydrogen powered heavy-duty vehicles. The post GM to provide hydrogen fuel cells for heavy-duty work trucks appeared first on FreightWaves.
- FMCSA issues policy on sexual assault among truck driversby John Gallagher on December 7, 2023 at 4:42 pm
Trucking regulator reminds states of federal laws disqualifying convicted felons from having a CDL. The post FMCSA issues policy on sexual assault among truck drivers appeared first on FreightWaves.
- Forward Air’s tonnage inflects further upward in Q4by Todd Maiden on December 7, 2023 at 1:01 am
Forward Air reports positive tonnage trends for the first two months of the fourth quarter. The post Forward Air’s tonnage inflects further upward in Q4 appeared first on FreightWaves.