trucking failures
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News
2 Canadian trucking companies close amid financial struggles
A pair of Canadian trucking companies in the Toronto area, Orbit Freight and Delta Carriers, shut down in close succession before their owner filed for…
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Trucking
Solving the trucking profitability paradox
Profitability is the key to any business staying in business. In trucking it is harder than in many other businesses. Chris Henry explores the "trucking…
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News
Celadon drained cash of Canadian trucking business, former Hyndman executive alleges (with video)
Ex-chief financial officer of Hyndman Transport accuses Celadon in affidavit of depleting funds generated by profitable core business in Canada and hurting former drivers’ and…
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News
Judge puts brakes on Celadon’s Hyndman asset sales, swift exit from Canada
Celadon Group can’t sell off facilities without Canadian court’s OK, judge says as he prepares to place shuttered trucking company in receivership; ruling a victory…
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Legal issues
Are nuclear verdicts out of control?
Seth Holm of FreightWaves Freight Intel Group writes about the impact of nuclear verdicts on the trucking industry. Will 2020 be a tipping point for…
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Trucking
Commentary: Responding to readers’ reactions
A number of readers responded to Brian Aoaeh's 12/26/19 "Commentary: Trucking industry observations heading into 2020." His current commentary features some of those responses and…
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Today's Pickup
Today’s Pickup: Fleet, freight contract from ‘Ice Road Truckers’ carrier for sale
Prospective buyers can bid on defunct Canadian firm’s trucks, trailers and a contract to haul cement to a diamond mine.
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News
Trucking companies blame rocky economic conditions for 2019 shutdowns
Trucking companies cite a weak freight market and soaring insurance and equipment costs as reasons some fleets did not survive the economic downturn in 2019.
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Trucking
2019 was a winless season for trucking…2020 will feel like winning the Sugar Bowl
FreightWaves founder and CEO Craig Fuller writes about the issues the trucking industry dealt with in 2019 and what is ahead in 2020.
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Trucking
Commentary: 2019 was a tough year for trucking
Ben Thrower writes about what most in the trucking industry know - 2019 was a tough year for almost everyone.
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