Free Republic

A Delaware bankruptcy court provided some clarity late Friday regarding $6.5 billion in withdrawal liability claims against Yellow Corp. The total amount the bankrupt less-than-truckload company will actually pay, however, remains to be decided. The mere fact that the estate will have to make good on some portion of the claims sent Yellow’s stock spiraling. Shares of Yellow (OTC: YELLQ) fell 90% on Friday to 50 cents per share as stockholders realized their bet that the company’s asset value would exceed amounts owed to creditors may not come to fruition. MFN Partners, which acquired a more than 40% equity stake...

Postal contractor Midwest Transport Inc. is winding down... An Illinois-based trucking and logistics company, which contracted with the U.S. Postal Service to haul mail has notified over 650 employees, including more than 480 drivers, that the carrier is ceasing operations ... Former truck drivers for Midwest Transport Inc. (MTI), headquartered in Robinson, Illinois, told FreightWaves that they received telephone calls from their regional managers late Thursday notifying them the company was winding down operations. ... According to an email sent to MTI employees and drivers about the closing late Friday, which was obtained by FreightWaves, the company stated that postal...

California’s top air quality regulator today urged the Biden administration’s Environmental Protection Agency to “immediately” approve the state’s regulation phasing out diesel trucks. Air Resources Board Chair Liane Randolph was among more than 250 people who signed up to speak today at a virtual hearing focusing on whether the EPA should grant California a waiver that allows the state to enact its regulation. The hearing was expected to last 12 hours.

An illegal alien from Mexico, deported 16 times from the United States, is accused of killing a 64-year-old man from Bailey, Colorado, in a vehicle crash. Ignacio Cruz-Mendoza, a 47-year-old illegal alien, has been arrested and charged with vehicular homicide, vehicular assault, reckless driving, and driving without a commercial driver’s license in connection to the death of 64-year-old Scott Miller. According to the Colorado State Patrol, Cruz-Mendoza was driving a semi-truck for the Indio, California-based Monique Trucking company on Highway 285 near Conifer, Colorado, when the vehicle veered off the road, causing the pipe and angle iron he was carrying...

“We’re facing an unfunded, $1 trillion mandate that carries enormous consequences for the American consumer.” At least that’s what Chris Spear, American Trucking Associations President and CEO has to say about one D.C. diktat coming down from on high in particular, and that is the one mandating that the American trucking industry bend to EPA rules requiring all electric fleets and production lines.Here’s the context, from March of this year:On March 29, 2024, Good Friday, Biden’s Environmental Protection Agency (EPA) rolled out its new electric truck mandate, which will require that electric semi-trucks make up an increasing share of manufacturer...

Converting America’s medium- and heavy-duty trucks to electric vehicles (EV) in accordance with goals from the Biden administration would add massive costs to commercial trucking, according to a new analysis released Wednesday. The cost to switch over to light-duty EVs like a transit van would equate to a 5% increase in costs per year while switching over medium- and heavy-duty trucks would add up to 114% in costs per year to already struggling businesses, according to a report from transportation and logistics company Ryder Systems. The Biden administration, in an effort to facilitate a transition to EVs, finalized new emission...

Layoffs continue across the freight and logistics industry, with companies in Florida, Georgia, Illinois, Michigan and Texas announcing job reductions and facility closures over the past two weeks. Universal Logistics Warren, Michigian-based Universal Logistics is permanently shuttering two of its subsidiaries and laying off a total of 677 employees, according to notices recently filed with the state. The layoffs are related to Universal-operated entities Logistics Insights Corp. and Universal Dedicated of Detroit, an auto parts warehousing and logistics facility. Both operations were in Detroit. Universal Dedicated of Detroit’s closure will affect 230 truck drivers who worked from the facility. Logistics...

Say goodbye to the trucking industry as we know it, and goodbye to the American economy, too. You might have missed it on Good Friday — which you can be sure was no accident — when the Biden EPA released its new tailpipe rules for semi-trucks, but the new rules will destroy how we move goods around the country. It seems like only two weeks ago [It was only two weeks ago, Steve —editor] that I told you about Presidentish Biden's new EPA regulations, coming into effect starting in 2027, that will force two-thirds of new car buyers into electric...

A Department of Transportation component slammed the brakes following semi-furious opposition to its proposal for "on demand" law enforcement surveillance of commercial vehicles a year and a half ago. It took another six months to turn over the records after a FOIA lawsuit to compel their release, a day before they were due in court Thursday, with no indication yet from FMCSA when it would release a final rule. The Federal Motor Carrier Safety Administration had internal conversations about those public comments over several months, including via personal email, at the same time it was stalling a Freedom of Information...

A judge in Texas struck down a Biden administration rule on March 28 that required states to measure and report the greenhouse gas emissions from any vehicles using the national highway system. The rule was issued by the U.S. Department of Transportation (DOT)’s Federal Highway Administration (FHWA) in 2023 as part of President Biden’s efforts to slash carbon emissions in half by 2030. Specifically, it required state transportation departments and metropolitan planning organizations (MPOs) to both measure their transportation-related emissions on the U.S. highway system and set their own emission reduction targets. Additionally, the measure required state DOTs and MPOs...

Anew study by Roland Berger, a global consulting firm, estimates that it will cost over $1 trillion to build out the infrastructure needed to support electric medium and heavy-duty trucks. The study was funded by the Clean Freight Coalition, which includes a number of trucking industry groups. Trucking fleets and operators of charging stations, according to the study, will need to invest $620 billion into new charging infrastructure. This includes the chargers, site infrastructure and utility cost service.

Vulnerabilities in common Electronic Logging Devices (ELDs) required in US commercial trucks could be present in over 14 million medium- and heavy-duty rigs, according to boffins at Colorado State University. In a paper presented at the 2024 Network and Distributed System Security Symposium, associate professor Jeremy Daily and systems engineering graduate students Jake Jepson and Rik Chatterjee demonstrated how ELDs can be accessed over Bluetooth or Wi-Fi connections to take control of a truck, manipulate data, and spread malware between vehicles. "These findings highlight an urgent need to improve the security posture in ELD systems," the trio wrote [PDF]. The...

I've been on the radio for over an hour and I've talked to at least (10) Truckers who are gonna start refusing loads of Monday for (NYC) ...I talked to (3) guys that I work with who texted the boss and told him no (NYC)

Biden’s Department of Justice has slapped a whopping $700,000 fine on Covenant Transport Inc. and the affiliated Transport Management Services LLC, both stellar examples of Tennessee’s robust transportation sector.The recent decision by the Department of Justice (DOJ) to impose a $700,000 fine on Covenant Transport Inc., a Christian trucking company based in Chattanooga, Tennessee, raises significant concerns about the overreach of federal power and the disregard for the realities faced by businesses in regulating their workforce.The DOJ, under Joe Biden’s regime, claims this measure is to resolve alleged violations of the anti-discrimination provision of the Immigration and Nationality Act (INA)...

Polish trucking representatives said Thursday that they would expand a border protest against Ukraine by blocking another crossing for cargo vehicles over what they call unfair competition from the war-torn country. Kyiv had said earlier Thursday that it failed to reach an agreement in new talks with Polish transport companies that have been blocking cargo at three major border points for almost two weeks. The Polish truckers say the easing of EU access rules in the wake of Russia's invasion of Ukraine has led to an influx of unfair Ukrainian competition, taking a serious toll on their earnings. Kyiv has...

As we enter the Christmas season in earnest, with decorating, gift shopping, and other seasonal activities keeping us busy, we cannot help but notice the unprecedented level of inflation everywhere we go. There are several reasons for these three years of price hikes, of course. It’s not all caused entirely by a single issue. But there is one major cause that outshines the rest: the cost of diesel fuel. What, you don’t buy diesel, yourself? You don’t have to. In many ways, the American economy itself runs on diesel fuel. Transportation costs – inbound and outbound, raw materials and finished...

America's trucking industry is in a dire state, which is bad news for the American economy because it serves as an indicator of the mood of consumers and their pocketbooks heading into the holiday season, one expert warned.

JOHNSTOWN, Pennsylvania — Two months ago, 30,000 truckers at Yellow lost their jobs when one of the nation’s oldest and largest trucking companies filed for Chapter 11 bankruptcy protection. Last week, Convoy, the digital freight broker that was supposed to reinvent the wheel and disrupt the trucking industry in a positive way, also abruptly shuttered its doors. These kinds of closings by both freight carriers lay bare the uncertain state of trucking, an industry that is an indicator of the mood of the consumer and also the beating heart of our economy. “In my opinion, this industry is heading in...

Pennsylvania’s Peter Brothers Trucking delivers goods all across America. Owner Brian Wanner says Pennsylvania bureaucrats now are driving him out of his home state. “We have no say,” complains Wanner in my new video. “We can’t do anything about it.” “No say” because Pennsylvania’s new rules don’t come from Pennsylvania. They come from California. “I don’t want to be anything like California!” complains Wanner. Too bad for him and other Pennsylvania truck owners, because Pennsylvania’s Environmental Quality Board decided their state will automatically copy California regulations. California’s rules will raise the price of a new truck by about one-third. Trucks...

Supply chains are not something most of us think about on a day-to-day basis. Or they weren't, until the last few years, when we've been exposed, at least on the right, to the fragility and susceptibility of said supply chains. This author works in the shipping industry and has a few thoughts. First and foremost, one needs a rudimentary understanding of how the supply chain actually works, so here is a summation. Let's call it Supply Chain 101: 1. A producer creates goods. 2. Goods need to get to market, which is handled by shippers. 3. Markets may be local,...