The Securities and Exchange Commission and federal prosecutors on Dec. 5 charged two former top executives of Indianapolis-based trucking company Celadon Group Inc. for their participation in an accounting fraud in 2016 and 2017 that allegedly inflated the company’s income and earnings per share.
December 5, 2019Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Class 8 Orders Slump for Weakest November Since 2015
Preliminary North American Class 8 net orders for November passed 17,000 and hit the second-highest point reached this year, but analysts at two data-tracking firms said it did nothing to alter the slumping direction of the overall trend.
December 5, 2019Schneider Launches Load-Booking Tool for Third Parties
Schneider launched an automated tool that enables third-party carriers to instantly book loads with the click of a button, the carrier said in a Nov. 26 news release.
November 27, 2019Shippers, Carriers Shift Into High Gear for Cyber Monday
The holiday shopping season is here, and the big e-commerce day is expected to make shippers busy.
November 26, 2019Coyote Predicts Spot Market Prices to Rise in Q1 2020
Coyote Logistics forecast truckload spot rates will increase heading into 2019’s peak season and continue into 2020 in its prediction for the final quarter of the year.
November 21, 2019Dean Foods Bankruptcy Should Have Little Impact on Trucking, Experts Say
Trucking and agriculture officials said the Chapter 11 bankruptcy filing by Dean Foods and its decision to sell its assets to the national milk marketing cooperative Dairy Farmers of America is not an indication of a broader problem in the sector, at least in the short term.
November 20, 2019Global Shipment Giant DHL Says Worst Is Over for Trade, Brexit
The worst may be over for global trade as tensions over Brexit and the U.S.-China relationship show signs of easing, according to John Pearson of DHL Express.
November 19, 2019Schneider Donates 10 Tractors to CDL Schools
Schneider is donating 10 gently used, late-model trucks to select CDL driver training programs at community or technical colleges throughout the U.S., the company said in a news release Nov. 15.
November 15, 2019Dean Foods Files for Chapter 11 Bankruptcy Reorganization
Top U.S. milk processor Dean Foods Co. filed for Chapter 11 bankruptcy and is in advanced talks with Dairy Farmers of America Inc. about a potential sale.
November 13, 2019Daseke Reports Net Loss of $273.3 Million in Q3
Flatbed and specialized fleet Daseke Inc. reported a net loss of $273.3 million in the third quarter of 2019, compared with a net profit of $2.2 million in the same quarter last year.
November 12, 2019