Latest news with #FreightlinerCascadia
Yahoo
4 hours ago
- Business
- Yahoo
Illinois carrier files for Chapter 11 bankruptcy
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. AZA Transportation, a Chicagoland-area trucking company, filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Northern District of Illinois last month, according to court filings. The carrier, which reported having 70 power units as of October, will have the opportunity to reorganize its finances while paying down its debts in order to stay in business through Chapter 11 of the U.S. bankruptcy code. AZA Transportation, owned by President Azamat Sadyrbaev, has $826,458 in liabilities and $403,432 in personal property assets. Among AZA Transportation's 20 largest creditors is Keystone Equipment Finance, a Connecticut-based firm that offers financing for small- to mid-sized transportation companies to purchase new and used equipment. The firm is owed $82,905 in unsecured claims for loans used to purchase one Freightliner Cascadia and two Volvo trucks. Additionally, Transportation Alliance Bank has two unsecured claims against the carrier totaling $67,055 for another Freightliner Cascadia as well as two trailers. AZA Transportation also owes $24,500 to the U.S. Small Business Administration for an Economic Injury Disaster Loan. While that loan is just a piece of the company's overall debts, it's worth noting that the SBA ended its hardship accommodation plan for EIDL borrowers earlier this year. AZA Transportation is the latest in a string of trucking companies conceding to the ongoing pressures of a contracted freight market and tariff challenges. In April, Davis Express shut down operations after 44 years, and earlier this year, vehicle carrier Jack Cooper called it quits after losing automaker contracts. 'Tariffs on America's trade partners have the potential to inhibit the recovery from a freight recession that has been acutely felt by America's small-business truckers, but it is too early to make predictions on specific downstream economic effects,' an Owner-Operator Independent Drivers Association spokesperson told Trucking Dive in April. Recommended Reading Davis Express to shut down, cites challenging freight market Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Automotive
- Yahoo
Torc Robotics opens first autonomous hub in Texas
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Torc Robotics is preparing its self-driving trucks to haul commercial freight along Interstate 35 with the opening of its first autonomous trucking hub in Fort Worth, Texas, according to a May 15 press release. The hub will serve as an operational base for the company's autonomous efforts, and includes a customer experience center, offices and control centers for fleet management and operations. 'This hub represents more than just logistics,' said Torc CCO Andrew Culhane. 'It represents years of relentless planning and prioritization, input from industry experts, and the dedication and tireless effort of Torc's teams.' Ahead of its expected 2027 U.S. market launch, Torc plans to test autonomous trucks on a new lane on Interstate 35, a major freight route between Laredo, Texas, and Dallas-Fort Worth. In a previous statement, Torc CEO Peter Vaughan Schmidt said establishing a presence in the Dallas-Fort Worth area was a critical milestone for the independent Daimler Truck subsidiary. 'As we work toward commercialization, the new hub will give us access to talent, resources and routes that we didn't previously have, and we're excited about the growth opportunities ahead,' Schmidt said. The hub features 22,000 square feet of office space on an 18-acre site within AllianceTexas, a 27,000-acre development in North Texas. At the heart of the hub is Torc's 'Mission Management' room, which tracks the lifecycle of each autonomous journey — from pre-trip checklist to arrival transmissions — on a theater-sized screen. The release did not include specifics about how many employees will be working at the new facility, but Torc disclosed in November that it planned to shift many of its resources from Albuquerque, which was an original testing location, to Dallas to support its future commercialization efforts. The company also expected to hire more than 100 people in Dallas in 2025. Torc anticipates that the move to the new hub will create a 'more bustling, even more energetic' commercialization space that will eventually transition to a 24-hour facility, according to the release. Torc isn't the only AV company making inroads in the Lone Star State. In May, competitor Aurora launched a regular, heavy-duty driverless trucking service between Houston and Dallas. Meanwhile, Daimler Truck North America recently delivered the autonomous-ready version of its fifth-generation Freightliner Cascadia to Torc. Citing over 1,500 engineering requirements, Daimler says the latest generation sets an industry standard for autonomous system integration. 'Fully integrating Torc's autonomous driver with Daimler Truck's Freightliner Cascadia platform creates an industry-first, scalable, physical-AI autonomous trucking solution,' Schmidt said in an April statement Recommended Reading Torc Robotics expects to remove truck drivers on public roads by 2027 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Yahoo
Homer woman identified as fatal crash victim on Highway 518
MINDEN, La. (KTAL/KMSS) – Louisiana State Police are investigating a crash on U.S. Highway 79 that killed a Homer woman. Troopers with LSP Troop G said the crash happened on May 6, 2025, around 7:50 p.m. on U.S. Highway 79 north of Louisiana Highway 518 and fatally injured 55-year-old Cecilia Marston of Homer. Marston was driving a 2017 Nissan Versa northbound on Highway 79. Simultaneously, a 2015 Freightliner Cascadia was traveling southbound on Highway 79. For unknown reasons, Marston's Nissan crossed the centerline, colliding with the Freightliner. 1 killed in single vehicle crash on LA Highway 3132 According to LSP, Marston was restrained correctly. However, she suffered severe injuries and was pronounced dead at a hospital where she was transported for treatment. The driver of the Freightliner was also restrained and was not injured in the crash. Investigators do not suspect that Marston was impaired; however, toxicology samples were collected and submitted for analysis. LSP continues to investigate the crash. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to
Yahoo
03-05-2025
- Yahoo
Two surveyors from Volusia County struck and killed by hit-and-run semi on I-95 in Brevard
Two surveyors from Volusia County were killed Friday in a hit-and-run crash when they were struck by a semi-truck as they walked along the shoulder of Interstate 95 in Brevard County, according to the Florida Highway Patrol. A 22-year-old Enterprise man and a 41-year-old Deltona man died in the crash, which happened about 9:50 a.m. at mile marker 172 southbound on Interstate 95, the FHP stated. The semi's driver, Hassan Abdirahman Sheikh Ali, 36, of Charlotte, North Carolina, was arrested and charged with two counts of hit and run involving death. The men were walking along the right grassy shoulder when they were hit by the southbound 2021 Freightliner Cascadia driven by Sheikh Ali. The semi struck a Dodge pickup parked on the shoulder before killing the two men. They were pronounced dead at the scene. Sheik Ali fled the scene. A passenger in the pickup was not injured and remained at the scene, the FHP stated. Troopers caught up with the semi southbound on Interstate 95 in Palm Beach County at mile marker 45. This article originally appeared on The Daytona Beach News-Journal: 2 Volusia men killed when struck by hit-and-run semi on 95, FHP says
Yahoo
24-04-2025
- Yahoo
Florence man identified after crash involving 18-wheeler in Lauderdale County
LAUDERDALE COUNTY, Ala. (WHNT) — A Florence man has been identified after a fatal crash involving an 18-wheeler took place on Wednesday. The Alabama Law Enforcement Agency said that Christopher K Calvert, 55, of Florence died on the scene when his vehicle was involved in a crash with a 2022 Freightliner Cascadia tractor-trailer. One killed in 18-wheeler wreck that caused road blockage on Highway 20 ALEA said that the driver of the 18-wheeler was injured and transported to North Alabama Medical Center for treatment. The crash occurred on Alabama 20 around 3 p.m. Wednesday. The crash remains under investigation by the Alabama Law Enforcement Agency's (ALEA) Highway Patrol Division. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
