Credit conditions in trucking as measured by the quarterly earnings report of major lender BMO took a significant downturn in the three months ending July 31, though with one slightly positive sign. Allowances taken by Canada-based BMO in its transportation group soared to CA$54 million ($40 million) in the third quarter. That puts the allowances…
Don Lord had never left the state of Florida until he found himself behind the wheel of a tractor-trailer, knuckles white and sweat pouring. Nearly 30 years later, Lord is being celebrated by Tennessee-based Covenant Logistics for driving 3 million miles with no safety incidents or crashes. He is only the second driver in company…
This story originally aired on Trains.com. MELVINDALE, Mich. – Norfolk Southern hotshot 255 has a 2:20 a.m. date with destiny. It’s the last departure — ever — of a Triple Crown RoadRailer train. In the Detroit terminal at Oakwood Yard, crews have 95 of the bimodal trailers staged on three tracks, ready to be assembled…
WASHINGTON — If former President Donald Trump wins back the White House in November, The Heritage Foundation hopes he will embrace the organization’s policy playbook, which would reward autonomous trucking while slowing the timeline for electric vehicles (EVs). Those objectives are outlined in the U.S. Department of Transportation chapter of the 900-page presidential transition “Mandate…
After dealing with a historic drought for over a year, authorities for the Panama Canal are considering ways to prevent a repeat and say they need to be more customer-oriented. Ricaurte Vasquez, administrator of the Panama Canal Authority (ACP) hosted a roundtable discussion Monday with the media and stakeholders to mark the 110th anniversary of…