Philadelphia CDL school owner sentenced to prison for licensing scheme
Vladimir Tsymbalenko, a former CDL school owner in Philadelphia, was sentenced to federal prison after pleading guilty to bribing a CDL test administrator to pass clients.
Vladimir Tsymbalenko, a former CDL school owner in Philadelphia, was sentenced to federal prison after pleading guilty to bribing a CDL test administrator to pass clients.
The bleak first quarter of 2024 looks much like 2023 for freight brokerages.
Ronald Britt was driving his 80,000-pound truck around 60 mph on Interstate 55 when he crashed into a vehicle in a “super fog” that spurred multiple crashes on the roadway, authorities said.
Zeem Solutions’ approach encompasses everything from vehicle leasing to maintenance, making green transportation more accessible.
While FMCSA has issued minimal requirements for MVR checks, carriers doing only the bare minimum are creating and perpetuating visibility gaps that leave their fleets vulnerable.
Detention time is one of trucking’s most pernicious issues. Two former retail executives explain why the industry can’t seem to fix it.
Edge continues to win new business on the back of a regional carrier strategy.
A third-generation family-owned trucking company and brokerage — Certified Freight Logistics, headquartered in Santa Maria, California — is ceasing operations on Saturday after 95 years, citing “falling freight rates and reduced volume.”
A 40-year-old Montana trucking company and freight brokerage has shuttered operations, leaving nearly 275 truck drivers and office personnel without jobs.
Brokers know that cash flow is one of the most critical aspects of their companies’ success — or failure. Despite this, the primary focus of popular industry technologies lies in freight delivery, not necessarily extending to proof of delivery or payment collection.
When the ELD mandate was put into effect, fleets across the nation became vulnerable to cybersecurity threats.
During the NMFTA’s monthly webinar, Perygee’s CEO shares how properly tracking little data helps transportation companies leverage big data insights across their organization.
Overall strength in the freight economy continued to drive the Trucking Freight Futures markets higher across the board last week, as the spot National contract set another all-time weekly record by climbing $0.075, or 4.5%, to $1.727 per mile.
The Trucking Freight Futures markets continued to plow higher across the board last week, reflecting the overall strength in the freight economy, as the spot National contract set another all-time weekly record by climbing $0.072, or 4.6%, to $1.652 per mile.
The Trucking Freight Futures markets continued their march higher last week, reflecting the overall boom in the freight economy, as the spot July National contract rose $0.023, or 1.5%, to $1.580 per mile.
It was another strong week for the Trucking Freight Futures markets as the spot National contract rose $0.023, or 1.5% week-over-week, to $1.557 per mile, setting another record for the spot National contract.
The Trucking Freight Futures markets continue to reflect strength in the underlying freight market, particularly in the Los Angeles and Atlanta markets, with the spot National contract rising $0.048, or 3.2%, to $1.534/mile.
It was a strong week across the board for the Trucking Freight Futures markets with the spot National contract rising $0.046, or 3.1%, to $1.526 per mile on surging freight volumes.
It was a mostly positive week for the Trucking Freight Futures markets as gains in the South and East helped push the spot National contract higher by 0.4% to $1.480 per mile.
It was an overall strong week for the Trucking Freight Futures markets as 10 of the 11 spot month contracts posted gains for the week with the spot National contract higher by 0.55% to $1.474 per mile.
In a mixed week for Trucking Freight Futures overall, the spot National contract (FUT.VNU202006) rose 0.4% to finish at $1.466 per mile.
Friday marked the last trading day for the May spot futures contracts, meaning on Monday, the June contracts become the spot contracts. On Friday, as well as for the week, the May contracts finished mixed with the spot National contract ending unchanged at $1.335 per mile.
Trucking Freight Futures ended the week on a down note across the board Friday as uncertainty in the market continues to weigh. Friday’s downturn mostly wiped out a recovery in the futures markets week-over-week.
The Trucking Freight Futures markets found their footing on Wednesday after falling off a cliff earlier this week as the spot National contract rose a fraction to $1.358 per mile
Trucking Freight Futures went off a cliff on Monday, posting the largest single-day drop across the board since launch, as the market recalibrated after the April-to-May contract roll.
Freight Futures data to watch today: May “spot” month settlement prices Friday marked the first trading session for the May “spot” month Trucking Freight Futures contracts. The spot National contract […]
Thursday’s session was the last trading session for the April Trucking Freight Futures contracts, and prices were lower across the board for a seventh consecutive session as the spot National contract finished down 0.7% to close at $1.320 per mile.
Trucking Freight Futures prices continued to tumble and were lower across the board for a sixth consecutive session on Wednesday as the spot National contract closed lower to $1.329 per mile.