Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate Sept. 21 by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come.
September 21, 2022Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Senators Promote Truck Parking Access
Two members of the Senate committee on highway policy raised concerns about inadequate parking for the nation’s truckers during a recent hearing about supply chain connectivity.
September 21, 2022Federal Judge Strikes Down Rhode Island Truck Tolling Plan as Unconstitutional
A federal judge struck down as unconstitutional a truck tolling plan by the Rhode Island Department of Transportation that was challenged in a lawsuit by American Trucking Associations as specifically aimed at motor carriers traveling through the state.
September 21, 2022Fraud Charges Against Former Celadon Executives Dismissed
A fraud prosecution of two former executives of now-defunct Celadon Group Inc. that has lingered in the courts for nearly three years has been dismissed at the request of the U.S. government amid allegations of inaccurate statements by an FBI agent working on the case.
September 21, 2022Florida Awards $8.2 Million for CDL Training at Five Colleges
Five state colleges in Florida will be able to train at least 1,200 new truck drivers yearly thanks to an $8.2 million grant from the governor.
September 21, 2022NTSB Wants All New Vehicles to Check Drivers for Alcohol Use
DETROIT — The National Transportation Safety Board is recommending that all new vehicles in the U.S. be equipped with blood alcohol monitoring systems that can stop an intoxicated person from driving.
September 21, 2022Supply Chain Envoy Stephen Lyons Optimistic on Rail, Port Negotiations
CHICAGO — White House Supply Chain Envoy Stephen Lyons said Sept. 20 he believes the recently negotiated tentative agreement between the five Class I railroads and unions — representing 150,000 railroad locomotive engineers, conductors and railroad workers — will be ratified.
September 20, 2022Senators Spotlight Veterans in New CDL Bill
Legislation designed to guarantee approval of veterans benefits without delay at certain commercial driving schools was recently introduced in the U.S. Senate.
September 20, 2022Nikola Execs Threatened to Quit If Trevor Milton Didn’t Step Down
Three top Nikola Corp. executives threatened to resign in 2020 if the electric vehicle maker’s founder, Trevor Milton, didn’t step down as executive chairman, according to a filing in the federal fraud case against him.
September 20, 2022Fisker, Wallbox Partner on EV Charging Stations
Electric vehicle maker Fisker Inc. on Sept. 20 named electric vehicle and energy management solutions provider Wallbox its global partner for home EV charging solutions.
September 20, 2022