Plus: A historic rail merger is officially on the books, a deadly Charlotte crash reignites underride guard concerns, South Korea angles to sidestep U.S. tariffs with a shipbuilding deal, and more in today's newsletter.
Union Pacific’s $85 billion Norfolk Southern merger and Hub Group’s $51.8 million Marten Intermodal deal signal major shifts in U.S. freight, raising questions on competition, costs, and capacity.
Amy Shepherd, a former dispatch manager at Roadrunner Temperature Controlled, was sentenced to 18 months in prison for wire fraud, involving nearly $113,000 stolen from the company. Shepherd, from Wichita, Kansas, collaborated with truck driver Johnny Bradford II to fraudulently generate driver cash advances using the EFS electronic wire transfer service. Over a 16-month period, Shepherd issued advances and sent EFS check codes to Bradford, who would cash the checks and return a portion of the money to Shepherd via Western Union. This fraudulent activity continued even after Bradford left Roadrunner. Bradford also pleaded guilty to wire fraud and awaits sentencing. The incident highlights management issues within Roadrunner, as pointed out by a former employee of a company acquired by Roadrunner.
FMCSA and NHTSA have withdrawn a long-standing speed limiter rule for heavy trucks, citing lack of safety justification and overwhelming opposition from drivers and small businesses.
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