Judge slashes punitive damages awarded in case against Wabash
Judge Christopher E. McGraugh said the original $450 million amount awarded by the jury was “grossly excessive” and not in line with the company’s constitutional rights.
Read MoreJudge Christopher E. McGraugh said the original $450 million amount awarded by the jury was “grossly excessive” and not in line with the company’s constitutional rights.
Read MoreLeaders of the Capital Improvement Board of Marion County, which operates of the stadium and Indiana Convention Center, want control of the parcel to guarantee adequate space for storing semis and staging events as the city’s sports and tourism industry grows.
Read MoreThe Trump administration and companies such as Amazon had argued that letting the suit go forward would expose logistics companies to liability under a “patchwork” of state laws.
The law makes driving a commercial vehicle with a “false” CDL — or a foreign one, without additional entry documents — a Level 6 felony. An individual driver is subject to a civil penalty of $5,000, with employers at $50,000.
Among those who make, sell, use or repair work trucks and equipment, Indianapolis has been at the center of the universe this week.
High diesel prices could have wide implications for the economy. Along with trucking, diesel powers the nation’s rail carriers, farm tractors, harvesters and combines.
A push from Gov. Mike Braun and Republican lawmakers to tighten oversight of commercial truck drivers advanced in the Indiana Senate on Monday.
The Transportation Department said it plans to revoke the accreditation of thousands of schools unless they can comply with training requirements in the next 30 days.
Criminals have begun adopting technology—everything from telephone spoofing to artificial intelligence—that turbocharges their ability to steal cargo in a host of new ways.
DriverReach’s founder and former CEO said he’s now turning his focus to a nonprofit he launched last year.
The trailer manufacturing company said its insurance policies should cover the $12 million in compensatory damages, but the punitive damages could materially hurt its financial condition, operations and cash flows.
The economic effects of the pandemic created boom times for trucking—but the industry has hit an extended bumpy patch since then, with no consensus as to when conditions will smooth out.
The autonomous semi companies say they can help address a truck driver shortage, estimated by the industry to amount to 64,000 drivers.
To attract women, trucking firms are working to make their work less unpredictable and time-consuming.
The Chapter 11 bankruptcy filed Sunday arrives just three years after Yellow received $700 million in pandemic-era loans from the federal government. Yellow has hundreds of workers in Indiana.
An official bankruptcy filing is expected any day for Yellow Corp., after years of financial struggles and growing debt. Its expected liquidation would mark a significant shift for the U.S. transportation industry and shippers nationwide.
Cummins brought in $176 million—a tiny fraction of its overall revenue—from its electric and hydrogen products last year. But the company expects revenue to hit as much as $13 billion in 2030.
A bill that would raise the speed limit for trucks on certain Indiana roadways advanced to the full Senate on Tuesday despite opposition from the state’s largest truck drivers group.
The settlement comes more than three years after the U.S. Securities and Exchange Commission filed suit against former Celadon executives Eric Meek and Bobby Peavler.
Two legislators are seeking to eliminate the lower speed limit for heavy trucks on rural interstates and highways, but their proposals appear to be another chapter in more than 30 years of fruitless efforts on behalf of independent truckers.
Five prior proposals to eliminate the lower speed limit for trucks have been filed in the House since 2017 without success.
For months, motorists have felt the pain of high gasoline prices. Many might not know that they’re also absorbing the impact of much costlier diesel in the form of higher priced goods.