A federal jury has convicted a Missouri man after he fraudulently obtained Paycheck Protection Program money that he used to start a trucking business. The jury found Christopher Carroll, 54, guilty on Friday of three counts of bank fraud, three counts of making false statements to a financial institution, one count of conspiracy to violate…
The Future of Freight Festival in Chattanooga, Tennessee, is the event of the fall. Subscribers to Check Call have a special discount code for F3 registration. This is going to be one of the best deals on F3 tickets. Use the code CheckCallF324 or go to this link, and the discount will be applied. There…
The increasing prevalence of nuclear verdicts – and the resulting insurance hikes – have prompted carriers to reevaluate their safety strategies. Carriers with best-in-class safety programs enjoy the most competitive insurance rates while simultaneously protecting driver wellbeing and making positive changes in the industry as a whole. Best-in-class safety program benefits include, but are not…
The credit outlook for truck parts retailer FleetPride has been reduced by Moody’s Investors Service. The ratings agency retained Moody’s (NYSE: MCO) corporate family rating of B3. S&P Global Ratings (NYSE: SPGI) has a rating of B- on FleetPride debt, which is considered equivalent to a Moody’s B3 rating. But the S&P outlook on FleetPride…
Growth in transportation capacity accelerated in August while price increases slowed, a sentiment survey revealed on Tuesday. The Logistics Managers’ Index, a monthly poll of supply chain executives, returned a 56.7 reading for transportation capacity in August, 5.8 percentage points higher than in July and the highest reading since May. (The LMI is a diffusion…