The benchmark price used for most fuel surcharges fell this week, but the focus in oil markets is on the huge decline in futures market prices recorded Monday. The Department of Energy/Energy Information Administration average weekly retail diesel price fell to $6.292/gallon, a decline of 6 cts/g, effective Monday, published Tuesday. That price would not […]
A shipment worth half a million dollars left a Torrance warehouse under fraudulent circumstances, triggering a cargo theft investigation by Los Angeles County detectives.
Larry Cothran did not set out to become what he now calls the number one trucking content creator in the world, he set out to post one video a day and then simply refused to stop, and that stubborn daily discipline, showing up on Facebook, Instagram, and YouTube every single day for more than three […]
An eBay listing for stolen shoes exposed a $1 million cargo recovery in Los Angeles. Investigators arrested the business owner, but questions remain about where the merchandise originated.
For the better part of eight months the price of diesel has climbed to levels that gasoline has not come close to matching, and for a carrier whose single largest variable cost is the fuel in the tank, that split is not a curiosity but a direct hit to the bottom line, which is why […]
From a $12 million cargo theft scheme to fraudulent shipment diversions, recent cases reveal a recurring weakness. The question is whether your team knows how to recognize it before freight moves.
For a small carrier, the choice of whether to own a trailer, finance one, run power only, or rent by the day looks like a simple equipment question, but it is really a business decision with a cost structure attached to every option, and getting that math wrong is one of the quietest and most […]
A freight train burglary in Colton, California, ended with one arrest and $54,000 in recovered Hot Wheels. Police released footage of the investigation as questions remain about how thieves accessed the shipment.
At least 24 shipments vanished after drivers collected merchandise from distribution centers. Authorities also uncovered fraudulent licenses, altered identities and ransom demands.
Nearly 1,600 pounds of narcotics, a federal investigation and an unexpected development involving the trucker. New details obtained by FreightWaves reveal what happened after the seizure.
Somewhere in your truck right now, a connected system is quietly recording how it is driven, how hard it works, where it goes, and how healthy its engine is, and that stream of data is no longer just a maintenance convenience, it is becoming one of the most important numbers in your business, because at […]
A FedEx driver discovered a missing cargo-door lock and nearly $1 million in stolen trading cards outside a California grading facility. Detectives are reviewing his account and seeking surveillance footage to determine how the shipment disappeared.
After months of volatility, the diesel market going into Tuesday appeared to have calmed down, at least for now. The day also featured the release of the weekly benchmark diesel price from the Department of Energy/Energy Information Administration that is used for most fuel surcharges. After a big one-day increase last week in the price […]
A Massachusetts man faces up to 15 years in prison after investigators linked his commercial driving exams to a Bluetooth cheating operation. Phone records and an undercover investigation exposed how the $3,000 scheme worked.
Federal officers discovered 76 bags of suspected contraband during a secondary examination. Homeland Security Investigations now faces questions about the shipment’s origin, destination and those responsible.
TLA Group’s Telly Arnold says box truck newcomers hear about revenue first, then learn about insurance deposits, freight claims and breakdowns the hard way.
Nearly 100 people had their personal information compromised. Federal investigators traced the proceeds through international bank transfers before authorities arrested the operator following 18 months in Turkey.
Georgia trucker Shawn Gresham has launched a free platform combining parking locations, roadside repair listings, diesel prices and driver resources.
Operation Icebreaker exposed a drug trafficking network that moved cocaine from California through unsuspecting trucking companies. Authorities seized more than 45 kilograms of cocaine, while a suspected supplier reportedly claimed deliveries of up to 60 kilograms every 15 days.
If your trucks have been running the same heavy-duty diesel engine oil since roughly 2017, whether you manage a hundred-truck fleet, run a small operation of a few units, or own the one truck you drive yourself, that oil is about to be replaced by something new, because the American Petroleum Institute is rolling out […]
