YRC

Truck Tech: ‘Into the Groove’ edition

This week, Tesla’s Elon Musk gets happy feet in Berlin while Navistar executives resist the temptation in San Antonio; Nikola gets some love after an analyst day in the Sonoran Desert; and an educated guess on where TuSimple and Navistar will build their autonomous truck.

Happy feet

“You can dance … For inspiration. Come on. I’m waiting.” — “Into the Groove” by Madonna

Opening a new assembly plant is a joyous occasion. It might even give you happy feet, as Tesla’s Elon Musk broke out in dance...

https://www.freightwaves.com/news/truck-tech-into-the-groove-edition

The Daily Dash: TFI still on the hunt; truckers exempt from mask requirement

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, TFI International is continuing its acquisition spree, acquiring Fleetway less than a week after buying UPS Freight. Plus, the Centers for Disease Control and Prevention is exempting truck drivers from its mask requirement, and Daseke is looking for possible acquisitions.

Still on the hunt

Less than a week after its blockbuster acquisition of UPS Freight (NYSE:UPS), TFI International (NYSE: TFII) is...

https://www.freightwaves.com/news/the-daily-dash-tfi-still-on-the-hunt-truckers-exempt-from-mask-requirement

The Daily Dash: YRC taps loan agreement; Landstar’s CFO steps down

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, YRC Worldwide didn’t just announce earnings on Monday, it announced a host of changes. Plus, Landstar’s CFO suddenly stepped down and FreightWaves gets ready to kick off the two-day LIVE @HOME virtual event.

YRC making changes

Less-than-truckload carrier YRC Worldwide (NASDAQ: YRCW) announced a bunch of changes in its third-quarter report — likely none bigger than its draw on the second tranche of a...

https://s29755.pcdn.co/news/the-daily-dash-yrc-taps-loan-agreement-landstars-cfo-steps-down

The Daily Dash: OOIDA backs HOS changes; peak season opportunity for regional carriers

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, a lawsuit from the Teamsters and safety groups opposing the recent changes to hours-of-service rules will not have the support of the Owner-Operator Independent Drivers Association. Plus, regional carriers are poised to gain as FedEx and UPS shed freight volumes and what are equipment ordering cycles telling us about 2020 and beyond?

OOIDA supports HOS changes

The Owner-Operator Independent Drivers...

https://www.freightwaves.com/news/the-daily-dash-ooida-backs-hos-changes-peak-season-opportunity-for-regional-carriers

The Daily Dash: HOS exemption denied; YRC boosting pay; OOIDA criticizes cost estimates for broker transparency

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the Federal Motor Carrier Safety Administration (FMCSA) said that having animals in the cab is not a sufficient reason for truck drivers to exceed their hours-of-service limits. Plus, YRC is offering hiring bonuses for some drivers and the Owner-Operator Independent Drivers Association (OOIDA) said that broker claims of the costs to comply with a transparency law are not realistic.

Man’s best friend...

https://www.freightwaves.com/news/the-daily-dash-hos-exemption-denied-yrc-boosting-pay-ooida-criticizes-cost-estimates-for-broker-transparency

The Daily Dash: Nikola turmoil, Trimble layoffs and HOS changes

Trevor Milton of Nikola

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, a short seller has laid out a blistering report on Nikola, suggesting the company is perpetrating a fraud on investors. Plus, Trimble has announced layoffs within its transportation business, hours-of-service changes could impact safety and YRC’s issues linger.

Not everything is as it seems

Nikola Corp. (NASDAQ: NKLA) has been a media and industry darling of late, but a report from a recognized short...

https://s29755.pcdn.co/news/the-daily-dash-nikola-turmoil-trimble-layoffs-and-hos-changes

The Daily Dash: YRC looking at equipment buy; C.H. Robinson adds new shipping tools; and an HOS exemption ruling

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, YRC could be spending millions on new equipment, C.H. Robinson adds new options to make shipping with its Freightquote tool easier and FMCSA tells a turf haulers group it doesn’t need an hours-of-service exemption because it doesn’t need to follow HOS.  

Buying spree?

With a $400 million government loan fresh in hand, YRC is planning some big equipment purchases. Speaking on the second-quarter...

https://s29755.pcdn.co/news/the-daily-dash-yrc-looking-at-equipment-buy-ch-robinson-adds-new-shipping-tools-and-an-hos-exemption-ruling