Alaskan trucking fleets promise $150K driver salaries amid drilling boom

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As more drilling and mining projects are approved in Alaska, local trucking fleets are planning to hire drivers around the United States to haul equipment, chemicals and other loads — particularly on its fearsome Dalton Highway, a remote, 414-mile road that connects Fairbanks to oil fields near the Arctic Ocean. The developments, particularly ConocoPhillips Alaska’s…

Former Slync CEO indicted on charges of swindling $25M from investors

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Former Slync CEO Chris Kirchner has been indicted on federal charges that he defrauded investors out of at least $25 million from the FreightTech startup he helped launch in 2017. Authorities allege he used the money to fund a lavish lifestyle. A grand jury on Tuesday indicted Kirchner, 35, of Westlake, Texas, on five counts…

April Class 8 truck orders tank but OEMs have ample backlogs

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A dearth of Class 8 truck orders in April is more technical than meaningful. Major OEMs express optimism about delivering plenty of new equipment to ease pandemic-related pent-up demand. Preliminary North America net orders  were 11,600 units, down 27% from a year ago and off 39% compared to March, according to ACT Research. FTR Transportation…

Airbus adjusts entry of 1st A350 freighter to 2026

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Airbus said in Wednesday’s earnings report that it has pushed back the first delivery of the all-new A350 freighter into 2026.  No reason was given for the adjusted timetable, but aircraft manufacturers have been dealing with difficulties sourcing materials and hiring personnel. Engine-makers are struggling to make enough engines and provide spares to replace engines…