Tag

Trucking

All articles tagged with #trucking

politics11 days ago•6 min saved

Trump plan rolls back Biden diesel rules, touts trucking relief

Trump administration proposes rolling back Biden-era heavy-duty truck emissions rules, arguing it would save about $12 billion for truckers and lower prices for goods by eliminating DEF-related deratings and speed restrictions on new highway and nonroad engines, while preserving roughly 90% of NOx reductions and easing emissions-warranty requirements; supporters say the changes boost supply-chain efficiency and consumer prices while maintaining environmental protections.

via Fox News|

#diesel #emissions #epa

legal-issues1 month ago•13 min saved

California Jury Expands Carrier Liability Across Subcontracting Chains

A California jury awarded $52.1 million after a crash involving a USPS‑subcontracted load, ruling that carrier liability can extend to independent contractors up the supply chain under California law; the decision focused on vicarious liability and Hours of Service violations, signaling heightened exposure for carriers that use subcontractors or independent operators and prompting scrutiny of how firms structure and document contractor relationships.

via FreightWaves|

#independent-contractor #legal-issues #nuclear-verdict

trucking1 month ago•12 min saved

Amazon expands LTL to all businesses, positioning as freight broker rather than carrier

Amazon announced a full-scale Less-Than-Truckload (LTL) service open to third-party shippers, moving from inbound-only to a hub-and-spoke pallet-delivery network with next-day pickup, same-day drop-trailer options, and real-time tracking. The expansion, under Amazon Freight within Amazon Supply Chain Services, broadens offerings to non‑Amazon shippers and could position Amazon as a freight broker rather than an asset-based LTL carrier, potentially disrupting traditional carriers and shifting competition toward freight brokers like C.H. Robinson and Echo Global Logistics.

via FreightWaves|

#amazon #brokerage #freight

politics2 months ago•6 min saved

Supreme Court Enables Lawsuits Against Trucking Brokers Over Unsafe Haulers

In a unanimous decision, the Supreme Court held that a trucking broker can be sued for negligent hiring of a dangerous hauler, rejecting industry efforts to shield brokers from liability and potentially pressuring brokers to vet carriers more carefully amid ongoing concerns about unsafe trucking practices and reconstituted “chameleon” carriers.

via CBS News|

#liability #note-extra-tag-not-allowed #politics

law2 months ago•1 min saved

Supreme Court lets driver sue freight broker in major trucking crash

The U.S. Supreme Court unanimously allowed Shawn Montgomery to sue CH Robinson, a major freight broker, for liability in a 2017 semi-truck crash that cost him part of his leg, a decision that could expand broker accountability and push for stronger trucking-safety practices across the industry.

via The Guardian|

#law #liability #logistics

business2 months ago•14 min saved

High Court expands liability for freight brokers in trucking safety ruling

The Supreme Court unanimously ruled that Shawn Montgomery can move forward with a lawsuit against freight broker C.H. Robinson over a 2017 semi-truck crash, applying a safety-regulations exception that could increase brokers’ liability and potentially raise insurance costs and consumer prices, though the decision does not guarantee a win and the industry warns of broader consequences.

via AP News|

#business #freight-brokers #liability

business3 months ago•4 min saved

Diesel Spike Pressures Small Truckers as Freight Boom Fades

Rising diesel prices—about 41% since the Iran-related conflict began to an average near $5.38 a gallon—are crushing cash flow for small owner-operators who pay the fuel bill and lack automatic surcharges, while many long-haul carriers shielded by contracts and hedging see steadier profits; with a post-pandemic oversupply and volatile spot rates, some independents are parking rigs as freight demand remains uncertain, even as a few survivors tighten budgets and push back on unprofitable loads.

via CNN|

#business #diesel #freight

business4 months ago•7 min saved

Diesel Spike Tests Small Truckers as Hormuz Crisis Fuels Higher Energy Costs

A surge in diesel prices driven by Iran’s conflict and the near-cessation of shipping through the Strait of Hormuz is squeezing small operators and potentially lifting inflation. While big carriers can shrug off costs via surcharges, independent truckers face tighter margins, delayed repairs, and pressure to raise freight rates, with broader risks to groceries and the economy if prices stay elevated.

via The Washington Post|

#business #diesel #energy-security

business4 months ago•313 min saved

Diesel surges faster than gas, reshaping costs from trucks to groceries

Diesel prices are rising much faster than gasoline amid an Iran-related energy shock, with winter heating oil demand also boosting diesel use. Diesel was around $4.60 a gallon—up about 22% since before the conflict—while regular gasoline rose about 16% to $3.45, and the gap could widen to $5 a gallon. The spike matters because diesel powers most freight, shipping and farming, meaning higher transport costs for goods and surcharges from UPS and other carriers. Farmers face pricier inputs like fertilizer, and the broader economy could see higher prices for everyday items as logistics costs climb.

via CNN|

#business #diesel #inflation

ev-and-future-tech5 months ago•49 min saved

Tesla Semi hits the street, fueling buzz about zero-emission trucking

Video of a Tesla Semi navigating public traffic highlights the truck’s zero-emission credentials and strong performance, with Tesla noting under-2 kWh per mile efficiency, up to 500 miles of range, and quick acceleration; viewers praise the potential for lower pollution and fuel costs, and some say the clip even inspires them to renew a Class A CDL, while references to diesel-truck emissions provide context.

via Yahoo! Autos|

#electric-trucks #ev-and-future-tech #fuel-savings

business9 months ago•4 min saved

Montgomery Transport Shuts Down Amid Bankruptcy

Montgomery Transport, a Birmingham-based flatbed trucking company, filed for Chapter 7 bankruptcy and shut down abruptly, impacting over 1,000 employees and leaving in-transit and warehouse deliveries in limbo, with many drivers stranded and uncertain about final payments and job status.

via TheStreet|

#abrupt-shutdown #bankruptcy #business

business1 year ago•5 min saved

Trucking Faces Challenges with Emerging Technologies

The trucking industry is increasingly adopting digital platforms and AI technology to improve efficiency and find work, but this shift raises concerns about falling wages, job security, and the need for better protections for drivers. While innovations like AI and driverless trucks promise energy and cost savings, they also pose potential threats to employment, highlighting a complex relationship between trucking and new technology.

via BBC|

#ai #business #digital-platforms

businesseducation2 years ago•4 min saved

"TikTok Trucker: The Golden Ticket Job Alternative to College"

A viral TikTok trucker, known as "Alex the Trucking Guy," has gained a large following by showcasing his life on the road as a trucker, promoting the industry as a lucrative alternative to a traditional college degree. With over 1.5 million followers across social media platforms, he emphasizes the financial benefits and freedom of the job, highlighting the potential for a stress-free life without student loan debt. While acknowledging the downsides, such as time away from family, he sees trucking as a "golden ticket job" for young individuals, touting the high pay and company-provided housing.

via Fox Business|

#businesseducation #career #college-alternatives

business2 years ago•0 min saved

Multiple Companies Acquire Former Yellow Terminals in Major Deals

TForce, the parent company of TForce Properties, has acquired two former Yellow Corp terminals in Sacramento, California, and Lexington, Kentucky, for a total of US$15.9 million. The auction of Yellow Corp's properties saw a total of 128 owned properties and two leased properties sold for a combined sum of US$1.9 billion, with XPO being the largest bidder. Other successful bidders included Estes Express Lines, Saia Motor Freight, Knight-Swift, and ArcBest.

via trucknews.com|

#business #real-estate #tfi-international

business2 years ago•1 min saved

Trucking giant XPO acquires bankrupt Yellow's service centers for $870 million

Trucking company XPO Inc has won a bid to acquire 28 service centers of bankrupt Yellow Corp for $870 million. The deal, subject to court approval, is expected to add to XPO's core profit in 2024 and adjusted profit per share from continuing operations in 2025. XPO's successful bid was part of a court-supervised auction that saw nearly two dozen companies, including Estes Express Lines and Knight-Swift Transportation Holdings, win rights to purchase Yellow's assets for $1.88 billion. The U.S. Bankruptcy Court in Delaware will hold a hearing on December 12 to approve the bids.

via Reuters|

#acquisition #bankruptcy #business