Home Finances Page 2

Finances

Finances can make or break a truck driver at home and on the road. Get money saving tips, information, and advice here!

Volvo Layoffs

Over 700 Volvo Employees To Be Laid Off At Virginia Plant

Volvo announced that it will lay off 734 employees from its plant in Dublin, Virginia, starting in February. Company officials say that the layoffs are a result of reduced demand for their long haul trucks. The...
Another Werner Pay Raise

Werner To Increase Driver Pay Again

Werner Enterprises announced that its company drivers will be getting a significant raise, effective on January 1, 2016. The news of the pay increase for company drivers comes only weeks after Werner announced the biggest...
GoFundMe Fraud

$24,000 Allegedly Stolen From Deceased Truck Driver’s GoFundMe Account

Police are investigating after money from a GoFundMe fundraiser set up to help the young widow and two children that a truck driver left behind was allegedly stolen. "Friend" Sets Up GoFundMe Account After Truck...
Baylor Trucking Announces Driver Pay Increase

Werner Announced Biggest Pay Increase In Company History For Owner-Operators

Werner Enterprises has announced the largest per mile pay increase for owner operators in the company's history. Pay Hike Means Extra $10,000 For Some Owner Operators The increase will benefit Werner's all 48-state dry-van independent drivers,...
Feds Approve Rhode Island Truck-Only Toll Plan

Rhode Island Truckers Square Off Against Truck-Only Toll Plan

The Rhode Island Trucking Association has threatened to bring their fight to the courts if lawmakers decide to embrace a proposal that would increase tolls on commercial vehicles. Gov. Gina Raimondo is in need of hundreds...
Trucking Stocks Fall

Trucking Stocks Plummet Dramatically Today

Trucking company stocks have taken a terrifying tumble this afternoon following gloomy reports from several major companies -- and experts are blaming a slowdown in U.S. manufacturing. The plunging stocks have left many concerned that...
Pilot J Buys Shares

Pilot Flying J CEO & Family Buy All Of CVC’s Shares

James Haslam, CEO of Pilot Flying J, has bought out all of his company's shares from CVC Capital Partners Ltd, according to a report from The Wall Street Journal. His family was also involved...
Pension Cuts For Teamster Drivers

Pension Checks May Be Slashed In Half For 273,000 Truckers

The Central States Pension Fund is moving forward with a plan that would cut pension checks in half for over a quarter of a million former and current Teamster truck drivers. Retired Truckers Get Shocking...
Ohio ATM Truck Stop Scam

Scam Alert: Credit Card Skimmers Found At Two Ohio Truck Stops

Police announced that they found credit card skimmers on the ATMs at two truck stops between Cincinnati and Columbus, Ohio yesterday. According to the Fayette County Sherrif's Office, the scamming devices were placed over the...
XPO Logistics Sells Truckload Operation To TransForce

XPO Already Considering Selling Con-way Truckload

Only weeks after buying Con-way Inc. for $3 billion, XPO Logistics is already considering selling the truckload division. XPO admitted in an email that they had several offers on the table, but they have not...
Celedon Acquires Tango

Celadon Group Buys Tango Transport

Celadon Group Inc. announced last night that it has purchased Shreveport, Louisiana-based Tango Transport. The monetary details of the deal were not disclosed, but Celadon did reveal that Tango generated $90 million in gross revenue...
Easy Money Saving Tips

Truck Drivers’ Per Diem Rate Increasing

Beginning October 1, 2015, truck drivers will see a small pump in per diem pay.
Former IT Worker Charged With Defrauding Swift Transportation Out Of $1.6 Million

Covering Cost Of Accidents Has Swift Transportation Struggling Finanically

Swift Transportation has slashed his profit outlook for the rest of year because the company is struggling weak freight volume and with covering the costs of past accidents, amongst other things. The company has a...
Caterpillar

Caterpillar To Slash Up To 10,000 Jobs

Caterpillar announced yesterday that it may cut up to 10,000 jobs and close up to 20 facilities from now until 2018. About 4,000 to 5,000 of the job cuts will come by the end of...
Arizona MVD Scam

Scam Alert: Arizona Officials Warn Of Fraudulent MVD Websites

Authorities are warning drivers to be cautious of fraudulent websites that appear to be affiliated with the Arizona Department of Transportation's Motor Vehicle Division (MVD) or the state of Arizona. Arizona Attorney General Mark Brnovich says...
ATM Skimmer

Scam Alert: ATM Skimmer Found At Truck Stop

Police say that an ATM skimmer was discovered at a truck stop on Route 11 near Carlisle, Pennsylvania. Local authorities received a tip that an ATM skimmer was in use at a machine at the Petro Truck...

Send this to a friend