In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
Triton Logistics Accused of Altering Log Books in Deadly Crash
A truck driver involved in a fatal I-64 collision claims his company, Triton Logistics, manipulated electronic log books to falsify rest times, sparking an NTSB investigation.
In Williamsburg, VA, a serious accusation has emerged against Triton Logistics following a fatal crash on Interstate 64 that occurred 15 months ago. The National Transportation Safety Board reported that the driver, involved in the deadly incident, alleged the company had a method for altering electronic driving logs. This manipulation aimed to show he had more rest than he did, potentially contributing to the crash's severity.
The National Transportation Safety Board released photos showing both vehicles at a tow yard, highlighting the catastrophic damage sustained by the bus and significant damage to the tractor-trailer. The early morning incident resulted in the loss of three lives, with the bus driver and about 23 passengers involved. Subsequent investigations pointed towards potential charges against both drivers, involving reckless driving and the condition of the bus, which was found to be overweight and limited to 40 mph.
Saia shares have had an incredibly challenging past week, dropping 33% after missing earnings, down $117 from its high at $354.15, now trading at $237.95.
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
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