Category: Uncategorized

A family-owned Canadian cross-border trucking company  — McKevitt Trucking, headquartered in Thunder Bay, Ontario – has ceased operations after more than three-quarters of a century. https://www.freightwaves.com/news/family-owned-canadian-carrier-shutters-operations-after-76-years/amp

Trailer manufacturer Wabash National, which has seen a sharp downturn in its financial measurements, has hung on to its credit rating from S&P Global, but its outlook has been lowered to negative by the ratings agency. https://www.freightwaves.com/news/with-trailer-orders-down-wabash-national-gets-negative-outlook-at-sp

A monthly supply chain survey published Tuesday showed a jump in sentiment around transportation pricing. The Logistics Managers’ Index reported a 64.1 reading for transportation prices in October, a 5.7-percentage-point increase from September and the highest reading for the dataset since May 2022. https://www.freightwaves.com/news/transportation-pricing-jumps-in-october-sentiment-survey-finds/amp

With holiday shipping ramping up, freight fraud is top concern for players across the industry. While companies fight all types of fraud throughout the year, strategic theft and straight theft are particularly prevalent in today’s market. https://www.freightwaves.com/news/fighting-freight-fraud-a-playbook-to-combat-holiday-theft/amp

As of 1 p.m. on November 7, the New Mexico Department of Transportation (NMDOT) has closed I-40 at Clines Corners (east of Albuquerque), as well as I-25 at Raton Pass (north of Albuquerque) amid heavy snow and blowing wind. Road closures began on Wednesday as a storm moved through the area. https://cdllife.com/2024/trucker-stranded-for-hours-on-i-40-in-new-mexico/?amp

We are hiring Class A CDL drivers for our fleet contracted with FedEx Custom Critical. Benefits: Requirements: **Hazmat & DOD offers more opportunities but not a requirement for hire

Three major provisions of a rule aimed at protecting trucking companies against unpaid claims from brokers will have to be pushed back a year due to a delay getting a new online registration system up and running. https://www.freightwaves.com/news/fmcsa-to-extend-broker-financial-compliance-deadline/amp

Merger and acquisition activity in the already highly-consolidated US less-than-truckload (LTL) market is picking up speed — not from the top down, but from the bottom up. https://www.joc.com/article/smaller-us-ltl-carriers-increasingly-merging-in-sink-or-swim-market-5783875

Pittsburgh-based autonomous truck company Aurora Innovation says it won’t start hauling freight without humans on board until April of next year, a delay from previous statements that commercial service would begin by the end of 2024. https://www.cbsnews.com/amp/pittsburgh/news/autonomous-truck-company-aurora-delays-driverless-semis/

https://www.truckingdive.com/news/landstar-system-owner-operator-count-falls-q3-2024-continue-muted-peak/731701/