Allen Schaeffer sits in the middle of the multidirectional push and debate over what will be driving the powertrain of tomorrow’s trucks. He is the executive director of the Diesel Technology Forum (DTF), a trade group of suppliers along the diesel engine supply chain. And recently, he’s been busy. Some of his group’s members were…
Shortly after less-than-truckload carrier Yellow Corp. said Tuesday it would go through with plans to defer required contributions to funds managed by Central States Funds, the International Brotherhood of Teamsters issued a strike notice. The notice said a work stoppage could occur as soon as Monday. “Yellow has failed its workers once again and continues…
J.B. Hunt Transport Services told analysts Tuesday night it’s still too early to say how the 2023 peak shipping season will shape up. The company reported second-quarter earnings per share of $1.81 after the market closed, 11 cents light of the consensus expectation and 61 cents worse year over year (y/y). A 100-basis-point increase in…
A former third-party CDL skills tester was recently sentenced to two years in prison for his role in a three-year bribery scheme. In February, Kelly N. Goodman, 72, of Gooding, Idaho, pleaded guilty to one count of honest services wire fraud in the U.S. District Court for the District of Idaho. According to the release,…
Less-than-truckload carrier Yellow Corp. issued a statement Tuesday evening saying it would defer its required contributions for June and July as planned, potentially resulting in a strike by some of its Teamsters workforce. Central States Funds, which manages health and welfare and pension funds for Teamsters at Yellow (NASDAQ: YELL) operating companies YRC Freight and…