trucking failures
-
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…
Read More » -
Canada
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
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.
Read More » -
Canada
Feds investigate dismissals at Celadon’s Canadian carrier
Ministry’s probe into terminations at Hyndman Transport following shutdown could lead to hefty payouts for former drivers and other staff.
Read More » -
Canada
Debt, losses sink indigenous-owned Canadian carrier featured on ‘Ice Road Truckers’
Tli Cho Landtran Transport and affiliates will be closed and possibly sold after losing C$18 million in the past year and facing mounting debt reaching…
Read More »