Truck driver arrested after Florida ag inspectors find ‘handwritten tag,’ 5-years expired registration, cocaine

The Florida Office of Agricultural Law Enforcement (OALE) arrested a truck driver on a felony drug charge after cocaine was discovered during an agricultural inspection. On July 29, OALE announced the arrest of California-licensed semi truck driver Mukesh Mani. Officials said Mani was arrested following an agricultural inspection in Escambia County, Florida. “Mani was the […]

Read More

ArcBest’s Q2 a step on path to recovery

ArcBest’s second-quarter results showed operational improvements in both of its business segments. It is benefitting from heavier shipment weights on the asset-based side of the house while cost initiatives have pushed its logistics offering back into profitability. Shipment weights increasing as TL freight returns ArcBest’s (NASDAQ: ARCB) asset-based unit, which includes less-than-truckload subsidiary ABF Freight, […]

Read More

PACCAR Q2 profit climbs as class 8 truck demand firms

Truck manufacturer PACCAR reported higher second-quarter profit on essentially flat revenue on Tuesday, noting build rates climbed during the period as orders strengthened and freight rates improved. PACCAR (NASDAQ: PCAR) reported second-quarter earnings of $1.43 per diluted share, 6 cents higher from a year earlier. Net income of $752 million was up 4 percent from […]

Read More

Eyes on sub-70 OR, Old Dominion plans more capex

Management at LTL carrier Old Dominion Freight Lines has said frequently that their goal is to get the company back to a sub-70% operating ratio (OR), where it was for a couple of quarters in 2022. It almost got there in the second quarter of 2026, helped by a boost from real estate transactions that […]

Read More

CMA CGM in new terminal venture with private equity firm

The world’s third-largest liner operator is taking a major leap toward becoming a major player in the ports business. French liner CMA CGM and private equity investor Stonepeak of New York today announced the formation of United Ports LLC, a joint venture aimed at expanding the former’s global network of marine terminals. Stonepeak will invest […]

Read More

New Senate bill targets ‘chameleon carriers’ that reopen to escape penalties and enforcement

U.S. Sens. Todd Young, R-Ind., and Andy Kim, D-N.J., introduced legislation Tuesday targeting trucking companies that reopen under new identities. The bipartisan Safety and Accountability in Freight Enforcement Act aims to stop operators from escaping enforcement through fresh registrations. Sponsors call those businesses “chameleon carriers.” The proposal now awaits Senate committee action. The bill focuses […]

Read More