12 Dec Federal Judge Approves First Stage of Celadon Bankruptcy Plan Celadon Group on Dec. 10 appeared in a federal bankruptcy court in Wilmington, Del., the day after it announced plans to file for Chapter 11 bankruptcy and wind down its operations under the weight of huge debt obligations and a weakening trucking market. Read more...
12 Dec Celadon Group Top 10 Unsecured Creditors Here are the top unsecured creditors that are not company employees listed in Celadon’s bankruptcy petition. Read more...
12 Dec Roadrunner President Michael Gettle Steps Down Roadrunner Transportation Systems Inc. President and Chief Operating Officer Michael Gettle is leaving the company, the less-than-truckload and truckload carrier announced Dec. 11. Read more...
12 Dec Sen. Roger Wicker Addresses Impaired Driving, Hair Testing in New Bill Legislation seeking to improve drug testing for employees in safety-sensitive transportation posts was easily advanced by a U.S. Senate panel on Dec. 11. Read more...
12 Dec Fuel-Trading Routes Revamped as 2020 Dynamics Take Hold Shippers have fewer than three weeks until new rules kick in forcing them to burn cleaner fuels, but the regulations are already redefining key trade routes in the global oil-product markets. Read more...
12 Dec UAW Workers Ratify Contract With Fiat Chrysler DETROIT — Unionized workers at Fiat Chrysler have voted overwhelmingly to approve a new four-year contract with the company. Read more...
12 Dec As Deliveries Grow in NYC, So Do Tensions With Tech New York City Mayor Bill de Blasio dislikes autonomous delivery robots and he is not shy about saying so, even as the city’s planners and trucking officials work together on ways to deliver much more freight to the nation’s largest city. Read more...
11 Dec Federal TIFIA Loan Will Aid Virginia Interstate The U.S. Department of Transportation has announced that it will provide a loan for up to $502.9 million for infrastructure projects along Interstate 64 in southeastern Virginia. Read more...
11 Dec Chevron’s LNG Exit Deals Fresh Blow to Canada’s Energy Industry Abundant natural gas resources, an all-electric plant and just a nine-day hop to energy-hungry Asian markets were not enough to persuade Chevron Corp. to pursue its Kitimat gas export project in western Canada, marking a further blow to the country’s beleaguered fossil fuel industry. Read more...
11 Dec November Class 8 Sales Skid to Lowest Point in Almost Two Years U.S. Class 8 retail sales in November fell 12.9% year-over-year, landing at the lowest point in almost two years, WardsAuto .com reported. Read more...