June 7, 2025
For over two weeks, truck drivers throughout Iran have halted their operations; many are leaving their trailers partially open as a gesture of solidarity during forced work. The National Union of Iranian Truckers issued a statement emphasizing, “We stand not out of stubbornness, but out of dignity.” In spite of intimidation, arrests, and reported violence, […]
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May 30, 2025
Note: This meeting is accessible to all members of the ATA Moving and Storage Conference. MSC Unpacked: Independent Movers Committee Education Series – Harnessing Captive Insurance Webinar Overview: We invite you to participate in the upcoming MSC Unpacked: Independent Movers Educational Webinar on Wednesday, May 28, at 1:00 PM EST. Moderated by Justin Hart, Chairman […]
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May 29, 2025
New Headquarters Announcement CHARLOTTE, N.C. — Daimler Truck Financial Services USA (DTFS), part of Daimler Truck North America, will set up its U.S. headquarters in Charlotte, creating 276 jobs in Mecklenburg County, as announced by Gov. Josh Stein on Tuesday. Investment and Facility Details The company will invest over $7.8 million into a new facility […]
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May 29, 2025
Understanding the Risks of Moving Relocating can be both challenging and costly, even if everything goes smoothly. If you encounter an accident while using a rental moving van or trailer, not only could your belongings get damaged, but you might also be responsible for repairing the rental vehicle. Coverage Options from Rental Companies Much like […]
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May 28, 2025
South Florida Trucking Company Owner Arrested for Insurance Fraud A trucking company owner in South Florida was apprehended last month for allegedly selling fake insurance policies that totaled nearly $60,000 to local truckers, as reported by Florida Chief Financial Officer (CFO) Jimmy Patronis. Details of the Allegations According to the Department of Financial Services (DFS), […]
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May 28, 2025
Overview of FreightWaves Since its inception in 2017, FreightWaves has employed a talented team of award-winning journalists to share both positive and negative developments within the transportation and logistics sectors. Market Dynamics Over the years, the freight transportation industry has experienced cycles of prosperity alongside times of hardship. Like many commoditized businesses, the freight market […]
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May 27, 2025
Daimler Truck Financial Services to Establish Headquarters in Charlotte Daimler Truck Financial Services, which offers financing, leasing, and insurance for Daimler Truck North America’s commercial vehicles, is set to invest $7.8 million in establishing its headquarters in Charlotte. This decision is expected to create 276 new jobs in the area. The average salary for these […]
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May 25, 2025
Dive Brief: The Federal Deposit Insurance Corp.’s Office of the Inspector General reported that “lax lending practices” were primarily responsible for the failure of Citizens Bank, based in Sac City, Iowa, in November. Since 2014, Citizens Bank has issued commercial loans to trucking companies without adequate risk management, expertise, and board oversight, leading to a […]
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May 24, 2025
Funding Announcement from High Definition Vehicle Insurance High Definition Vehicle Insurance (HDVI), a provider of commercial auto insurance, revealed on Wednesday that it has secured an additional $40 million in funding from existing investors, including 8VC, Autotech Ventures, Munich Re Ventures, and Weatherford Capital. This funding aims to enhance the development of data-driven solutions and […]
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May 24, 2025
Ongoing Legal Case Against Frances Hall Over a year after her arrest for felony fraud, Frances Hall’s case is still progressing through the Texas court system. Upcoming Pretrial Hearing A pretrial hearing for Hall is set for August 30. Hall, who was found guilty of murdering her husband in 2016, now faces allegations of defrauding […]
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