Category: Uncategorized
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Forward Air retains investment bankers to sell company, sources say
Forward Air has retained two prominent investment banking firms to lead a formal sales process, people close to the matter have told FreightWaves. Pressure on the expedited trucking company’s board to sell has mounted in recent weeks in the wake of a messy merger with freight forwarder Omni Logistics. https://www.freightwaves.com/news/forward-air-retains-investment-bankers-to-sell-company-sources-say/amp
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Winter driving reminder
During the cold months, salt residue and snow slush can obscure important information like hazardous material placards. Per federal regulation, each placard must be visible from the direction it faces to warn others of the potential hazard. One way to ensure placards remain visible is to incorporate clearing them off at each stop. Safety experts recommend…
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Out-of-service orders issued after Tennessee troopers pull over CMV for trailer walls ‘waiving
Motor carrier officers with the Tennessee Highway Patrol (THP) recently sidelined a truck and a driver following a traffic stop sparked by concerns over the structural integrity of the trailer. https://cdllife.com/2024/out-of-service-orders-issued-after-tennessee-troopers-pull-over-cmv-for-trailer-walls-waiving/?amp
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ATRI survey: Drivers and carriers see top issues in trucking differently
The 2024 survey of the top issues in trucking, undertaken each year by the American Transportation Research Institute, once again finds that what drivers think are the big issues aren’t the same as those of the industry as a whole. https://www.freightwaves.com/news/atri-survey-drivers-and-carriers-see-top-issues-in-trucking-differently/amp
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177K drivers at risk of losing commercial vehicle driving privileges as November downgrade deadline looms
Thousands of Commercial Driver’s License (CDL) and Commercial Learner’s Permit (CLP) holders face downgrades next month due to drug and alcohol violations. https://cdllife.com/2024/177k-drivers-at-risk-of-losing-commercial-vehicle-driving-privileges-as-november-downgrade-deadline-looms/?amp
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Stretch of I-40 in North Carolina, Tennessee closed till January. Photos show why
Interstate 40 closed between exit 20 in North Carolina and exit 432 in Tennessee due to damage from Tropical Storm Helene. The state secured Wright Brothers Construction on a $10 million contract with incentives to stabilize the westbound lanes to open to some traffic by Jan. 4, NCDOT spokesperson Tanner Holland told the Citizen Times.…
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The interstate has basically gone into the river’: I-40 through Pigeon Gorge hit by Helene
The stunning damage to Interstate 40 in the Pigeon River Gorge makes it impossible to create a timeline for its reopening, given engineers are still figuring out the best way to fix it. https://www.themountaineer.com/news/the-interstate-has-basically-gone-into-the-river-i-40-through-pigeon-gorge-hit-by/article_939674b0-87ce-11ef-940c-47a065c8beca.html
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Federal hiring practices lawsuit against Sheetz moves to Pennsylvania
A federal civil rights case against the Sheetz Corporation, located in Altoona, is now moving forward in Pennsylvania. https://wjactv.com/amp/news/local/federal-hiring-practices-lawsuit-against-sheetz-moves-to-pennsylvania-employment-opportunity-court-unfair-altoona-background-checks-civil-rights
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Authorities continue to investigate container suspected of holding dynamite in Tennessee
Authorities in eastern Tennessee continued Friday to investigate a container suspected of holding large amounts of dynamite, warning residents that evacuations will likely remain in place throughout the night. https://apnews.com/article/explosives-evacuation-knoxville-metal-recycler-3b929a961105649b12b258ec0a01e0f6
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Michigan semi truck parts manufacturer files for Chapter 11 bankruptcy protection
A major commercial vehicle parts manufacturer filed for bankruptcy protection as part of a plan to restructure, the company announced this week. https://cdllife.com/2024/michigan-semi-truck-parts-manufacturer-files-for-chapter-11-bankruptcy-protection/?amp