ECONOMIC WATCH: Freight index falls most since recession

WASHINGTON, D.C. – The Freight Transportation Services Index (TSI), which shows the amount of freight carried by the for-hire transportation industry, fell 7.7% in April from March amid an economic slowdown due to Covid-19. It was the third consecutive…

Covid-19 shuffles M&A landscape

TORONTO, Ont. — The Covid-19 crisis has put many trucking companies on the ropes, while also creating a new set of well-liquidated first-time buyers. Because the pandemic has hit certain segments harder than others, some well run companies are su…

Nikola hires Pablo Koziner and Mark Duchesne

PHOENIX, Ariz. — Nikola Corp. has announced the addition of two industry veterans to its executive team. Pablo Koziner will lead Nikola’s hydrogen fueling and battery charging business as president of Nikola Energy, the company said Wednesday. Ko…

HaulerAds rebrands as Movia

TORONTO, Ont. – HaulerAds, a Toronto-based mobile billboard supplier, has changed its name to Movia. The company sells truck and trailer space to advertisers and tracks impressions. The new name combines “moving” and “media” to better reflect the compa…

HaulerAds rebrands as Movia

TORONTO, Ont. – HaulerAds, a Toronto-based mobile billboard supplier, has changed its name to Movia. The company sells truck and trailer space to advertisers and tracks impressions. The new name combines “moving” and “media” to better reflect the compa…

U.S. extends regulatory relief for specific Covid-19 supplies

WASHINGTON, D.C. – The U.S. Federal Motor Carrier Safety Administration (FMCSA) has extended an emergency declaration to July 14, as it continues to offer selected regulatory relief for those who haul specific Covid-19 supplies. The declaration was ori…

Groendyke driver named Highway Angel by TCA

A Louisiana trucker was recently honored for helping a fellow driver whose truck rolled over on Interstate 20. The Truckload Carriers Association has named Evert Gott, from Lacassine, Louisiana, a Highway Angel for aiding another driver who was injured…