The Daily Dash is a quick snapshot of what’s going on in the freight ecosystem. In today’s edition, members of Congress have questions about a government loan that has been made to YRC Worldwide. Additionally, freight tonnage continues to rise in the LTL segment and prosecutors have asked an appeals panel to overturn a ruling that overturned the conviction of former Pilot CEO Mark Hazelwood .

Control of Congress

A controversial government loan to YRC Worldwide (NASDAQ: YRCW) is likely to be a hot topic at an upcoming congressional committee hearing.

Todd Maiden has details of what concerns the committee: Mnuchin to Testify at Hearing Regarding $ 700 Million YRC and Treasury Loans

Freight volumes keep growing

SAIA Partial Load Carrier (NASDAQ: SAIA) on Wednesday announced shipping measures for the first two months of the fourth quarter, which included a tonnage increase of more than 7% in November.

Todd Maiden details what else the company said: Saia sees tonnage trends improving in Q4

Error of judgment?

Federal prosecutors are asking an appeals court to reconsider its recent ruling that overturned the convictions of former Pilot Flying J chairman Mark Hazelwood and two members of his sales team for their alleged roles in an elaborate agenda in fuel rebate of $ 56.5 million.

Clarissa Hawes explains why prosecutors want a recovery: Federal government urges appeals court to reconsider ruling in pilot fraud case

Regulatory Relief for COVID Carriers

The Federal Motor Carrier Safety Administration is extending its exemption from emergency duty hours to include carriers carrying COVID-19 vaccines.

John Gallagher explains: FMCSA extends HOS waiver to include transport of COVID-19 vaccine

Stories we think you’ll like:

Transfix and project44 announce a strategic partnership

Order intake: KeepTruckin deploys an integrated fleet management platform

Penske Logistics acquires Black Horse Carriers

Transfix announced in talks it would go public in reverse merger

Lineage Expands Cold Storage Footprint to Poland

NASDAQ-Listed Companies, Including Truck Drivers, Face New Rules on Diversifying Their Boards

Growing truck parking shortages emerge in latest survey

Daimler and PGE create Electric Island for truck charging

Did you miss it?

As President-elect Joe Biden names his list of agency heads, experts are looking at the most important attributes for the next head of the U.S. Department of Transportation.

John Gallagher has the details: Former DOT chief to Biden’s potential choices: beware of turf wars between agencies

Shoot down, everyone,

Brian Straight

Editor-in-chief

Click for more FreightWaves articles by Brian Straight.

You may also like:

Here’s where electric trucks make sense

Hino, Toyota to Bring Class 8 Fuel Cell Truck to North America Next Year

Will Truck Drivers Use the New HOS Layout for Separate Sleeping Cars?


Source link

About The Author

Related Posts