Old Dominion readies for eventual turnaround

Management from less-than-truckload carrier Old Dominion Freight Line noted “continued softness in the domestic economy” on a Wednesday call with analysts. However, it said the company has been preparing for an eventual recovery and that shipment counts in March typically provide a tell on what the full year will produce. The carrier’s fourth-quarter report showed…

Understanding the underwriter: How a proactive approach to insurance renewals can save you money

Insurance has been a sore subject across the trucking industry over the past few years. Many companies have struggled with increasing rates – due in large part to the rise in nuclear verdicts – while simultaneously trudging through the ongoing freight recession.  As fleets continue to navigate this cash-strapped environment, it is important for them…

FBI alleges Mexican cartel, Canadian truckers part of drug ring

U.S. authorities say 19 men have been indicted as part of a drug-smuggling operation that involved large quantities of narcotics moved from Mexico across the U.S. and Canada by long-haul truckers. The cross-border investigation dubbed “Operation Dead Hand” by the FBI led to the arrest of Roberto Scoppa, a Montreal man alleged by authorities to…