The U.S. Environmental Protection Agency (EPA) Administrator, Andrew Wheeler recently said that he anticipates the new Corporate Average Fuel Economy (CAFE) Standards rule to be finalized within the next month or two. The primary questions to answer at this point are, what does the rule seek to accomplish and how does this affect heavy-duty trucks?
It is no secret that 2019 has not been kind to the trucking industry. In 2018, 310 freight companies were forced to close down. During the first half of 2019 alone, that number was approximately doubled, showing 640 closures. Looking at data like this, you can understand why the trucking industry is looking for ways to diversify and adapt, to stimulate the LTL industry. With Celadon, one of the industry titans in North America closing their doors, there have been more than a few eyebrows being raised around the industry. In times like this these, communication is key for maintaining peak efficiency across all operations.
After many scattered rumors, today brought the official news of yet another major trucking outfit closing their doors. Celadon Group, the owners of about 3,300 tractors and 10,000 trailers announced that they would be filing for Chapter 11 Bankruptcy Protection. This brings an immediate end to the 34 year run of the Indianapolis, Indiana trucking firm. More importantly, the news of Celadon’s closure will put nearly 4,000 employees out of work.