WASHINGTON — A study by federal regulators aimed at reducing truckers’ detention time should take into account the time it will take to recharge an electric truck, according to an insurance group. In comments filed with the Federal Motor Carrier Safety Administration, the National Association of Mutual Insurance Cos. (NAMIC), which supports FMCSA’s effort, said…
A woman who used her position in two Texas trucking companies to fraudulently pay excess funds to co-workers and friends was sentenced Tuesday to more than five years in prison. Her co-defendants got probation. Veronica Rios and six co-defendants were indicted in April 2021. In sentencing this week, Rios received 63 months in prison on…
Heale Labs announced Thursday it has received a seed investment from the supply chain technology fund Venture 53 as the company continues its work to standardize industry data. Terms of the funding were not disclosed. “Heale solves some of the thorniest issues in supply chain and logistics. With unparalleled data accuracy and real-time connectivity, we’re…
The collapse of the Francis Scott Key Bridge on Tuesday after it was struck by a container ship has disrupted the Port of Baltimore’s container shipping services, which will impact the economy of the city and beyond, analysts said. Six people are missing and presumed dead after the Singapore-flagged MV Dali slammed into the bridge…
A Delaware bankruptcy court ruled Wednesday that approximately $7.8 billion in pension withdrawal liability claims against bankrupt less-than-truckload carrier Yellow’s estate will remain under its jurisdiction and not be decided by arbitrators as numerous pension funds had sought. The court denied motions from the multiemployer pension plans (MEPPs) to which Yellow (OTC: YELLQ) contributed on…