SummaryView Transcript Many companies jumped on the AI hype train, but not all survived. Our expert dives into the critical difference between building AI for ‘corner cases’ and truly understanding your business fundamentals to create lasting value. Learn why some businesses with ‘tens of millions’ in valuation went to zero after major AI model releases. […]
Former FedEx Chief Financial Officer John Dietrich has been elected to the board of directors at American Airlines (NASDAQ: AAL), the company said Wednesday. Dietrich has 35 years of leadership experience in the logistics and air cargo industries. Dietrich served for nearly three years as FedEx’s (NYSE: FDX) chief financial officer, resigning on June 1 […]
Federal authorities discovered more than a dozen violations while investigating a semi truck parts distributor and service company for a worker fatality in Texas. On July 15, 2026, the Occupational Safety and Health Administration (OSHA) announced that FleetPride Inc. was cited for 19 violations, including 16 serious and three other-than-serious safety violations. OSHA initiated an inspection […]
The Owner-Operator Independent Drivers Association (OOIDA) called on Congress to act immediately to tighten non-domiciled commercial driver’s license (CDL) standards in response to the death of a Pennsylvania State Police trooper. In a July 15 letter to House Speaker Mike Johnson, the trucking trade group urged lawmakers to schedule an “immediate” vote on H.R. 5688, […]
Indiana State Police (ISP) troopers inspected thousands of commercial vehicles during the June 2026 enforcement period. The agency released results from ISP’s Commercial Vehicle Enforcement Division (CVED) for May 15 through June 15, 2026. See below for results: Total CMV Inspections Completed – 8,736 Total Out-of-Service Drivers – 476 Total Out-of-Service Vehicles – 524 Total […]
A Michigan federal jury has sided with engine and truck manufacturer Navistar, rejecting a $16.5 million lawsuit brought by GLS LeasCo and Central Transport. GLS LeasCo and Central Transport alleged Navistar’s delayed truck deliveries caused millions in lost resale value and higher operating costs during one of the hottest used-truck markets in history. The 10-person […]
The Owner-Operator Independent Drivers Association (OOIDA) is urging House Speaker Mike Johnson to bring Dalilah’s Law to the House floor, stating Congress should permanently codify recent federal reforms restricting non-domiciled commercial driver’s licenses. In a letter sent to Johnson on Wednesday, OOIDA President and CEO Todd Spencer said H.R. 5688 would permanently close what the […]
Multimodal transportation provider J.B. Hunt Transport Services handily beat second-quarter forecasts on Wednesday after the market closed, sending shares 8.6% higher in after-hours trading. Revenue of $3.5 billion was 19% higher year over year and outpaced analysts’ expectations for $3.26 billion. Earnings per share of $1.91 were 60 cents higher y/y and 18 cents ahead […]
Landstar System recognized more than 120 independent owner-operators for reaching major safe-driving milestones during its 2026 BCO All-Star Celebration, including one driver who became just the sixth in company history […] Read original post
The average cost of operating a truck climbed to a record $2.336 per mile in 2025 as fleets grappled with rising maintenance, toll, labor and equipment expenses while freight rates […] Read original post