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A penny stock wiped $4.8B off C.H. Robinson's market cap yesterday. Plus: self-driving trucks are now running 1,000 miles nonstop, STG Logistics cleared a major bankruptcy hurdle, the FMCSA revoked nine ELDs, and more.
Caminantes Trucking's devastating accident uncovers a web of uninsured trucks, delayed actions, and missed chances to avert tragedy.
It's been revealed that Caminantes Trucking, a company connected to a devastating accident in Colorado last year that killed five, tried to purchase insurance for their previously uninsured truck barely an hour post-tragedy. Court documents highlight:

Tweets further highlight a twisted tale. While @TimothyDooner points out that USPS took several months to sever ties with Caminantes after the fatal incident, Justin Martin @supertrucker reveals a massive oversight. He suggests the mere usage of PS Form 5500, which, if implemented by supervisors, could have pushed the company out of business, thereby saving lives.
Source: CDL Life
And yet...
— Marc Sallinger (@MarcSallinger) November 15, 2022
Caminantes Trucking is still on the road. @FMCSA fined them $21,460 telling me all the crashes and violations aren't enough to shut them down@USPS says they are still contracting with them to carry mail
But family of the 5 who died say they'll be suffering forever pic.twitter.com/OfDMEpEqd2
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