DSV Buys DB Schenker for $15.9B, Creating Logistics Giant
Danish logistics company DSV A/S has agreed to acquire DB Schenker, a division of Deutsche Bahn AG, for $15.9 billion in one of the largest sales of…
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Daimler Truck Appoints Karin Rådström as New CEO
Daimler Truck Holding AG has appointed Karin Rådström as its new CEO, effective October 1, 2024. Rådström, an accomplished Swedish engineer and executive, has led the Mercedes-Benz…
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Yellow Submits Final Chapter 11 Plan, Seeks Creditor Deal
Yellow Corp. has submitted its final Chapter 11 bankruptcy plan, outlining how it intends to repay creditors and dispose of its remaining assets. Filed on September 2,…
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Traffic Fatalities Fall 3.2% in First Half of 2024, NHTSA Reports
According to the National Highway Traffic Safety Administration (NHTSA), traffic fatalities in the first half of 2024 dropped by 3.2% compared to the same period in 2023.…
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Truck Transportation Jobs Return to Levels Seen After Yellow’s Closure
Truck transportation employment has barely changed since August 2023, when the closure of LTL carrier Yellow threw thousands of drivers out of work. According to the latest…
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Wabash National Hit with $462M Verdict in Trailer Equipment Case
Wabash National, a major truck trailer manufacturer, faces a $462 million verdict after a Missouri state jury found the company liable in a fatal 2019 accident where…
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