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The post Daily Infographic: Volvo recalls 63,095 trucks for defective wiper motors appeared first on FreightWaves.
The post Daily Infographic: Volvo recalls 63,095 trucks for defective wiper motors appeared first on FreightWaves.
A Minnesota man has pleaded guilty in federal court to embezzling more than $1.3 million from his employer, I-State Truck Centers, in a multiyear scheme. Leon Arthur Keener, 55, of Hugo, pleaded guilty last Wednesday in the U.S. District Court for the District of Minnesota to mail fraud after he used his position as manager…
By Bart De Muynck The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Although transportation rates are still relatively low, companies have seen their overall logistics costs increase over the past few years. A big part of that has been due to increased…
On this week’s episode of Taking the Hire Road, host Jeremy Reymer was joined by KSM Transport Advisors Chief Operating Officer Chris Henry. The pair discussed how companies can best navigate turbulent times based on KSMTA’s “12 Traits of Highly Profitable Trucking Companies” series. Henry is no stranger to figuring out what makes a trucking…
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The Gulf Coast ports have received a lot of attention in recent years and rightfully so. The ports along the Gulf Coast provided a pressure relief valve of sorts, though they suffered with congestion throughout the pandemic as well. What separates the Gulf Coast ports from the major East and West Coast ports is the…
RXO has carried an investment-grade rating from Moody’s Investors Service since the fall of 2022, when the 3PL was spun off from XPO (NYSE: XPO). But it is now under threat as Moody’s has changed its outlook on RXO (NYSE: RXO) to negative from stable. At the same time, Moody’s affirmed that initial investment-grade rating…