Archived edition — October 22, 2026  ·  Read the latest news →
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Fuel & rates

Triumph Financial grows through the freight recession — and blames carrier costs

Triumph Financial's transportation revenue grew nearly 38% in the third quarter as the factoring giant added more than 700 customers this year; its CEO says driver pay, diesel, insurance, equipment and financing costs are what keep squeezing carriers.

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Newsletter

The Morning Mile — Friday, Oct. 23

Ryder beats the quarter and talks fleet growth over EPA '27 panic, Triumph Financial names the five costs squeezing carriers, a Munich court orders Daimler and MAN cartel repayments, a coffee truck is torn apart on I-81, and rejected loads cost a median 22% more.

Enforcement

Chemical release at MC Tank terminal in Toledo forces a 1-mile evacuation; zone cut to half a mile as 35 people seek hospital care

A transfer error at the MC Tank Transport terminal in north Toledo released glycidyl methacrylate from a 5,500-gallon tank on Tuesday night, forcing about 983 people to evacuate and a 3-mile area to shelter in place; by Wednesday afternoon the tank was cooling, the evacuation zone was halved, the shelter-in-place order was lifted, and at least 35 people had reported to hospitals with symptoms potentially related to the leak.

Weather and roads

NC-12 damage put at 800 feet of pavement and 1,800 feet of dunes; emergency ferry in planning and no reopening timeline

The North Carolina Department of Transportation now reports about 800 feet of pavement damage near the Pea Island Visitor Center — waves undermined the roadway — and about 1,800 feet of protective dunes lost, with the department in the planning stages of activating the Stumpy Point–Rodanthe emergency ferry and no timeline for reopening until overwash subsides and a full assessment is possible.

Truck tech

FMCSA reopens comments on Grote's radar-triggered pulsing amber warning lights through Nov. 19

The Federal Motor Carrier Safety Administration is taking comments through Nov. 19 on new details of Grote Industries' Rear-End Collision Warning system — rear-facing radar that pulses amber lamps for up to four seconds when it detects a fast-closing vehicle — after the Commercial Vehicle Safety Alliance raised questions about whether drivers could confuse the signals with brake lights.

Enforcement

Feds charge driver in alleged $12 million cargo theft scheme built on hijacked carrier identities

A federal indictment says Nursulton Khaydarov, 33, and others took over established motor carriers — their DOT numbers, motor carrier numbers, email accounts and owners' identities — to book legitimate freight that never arrived; prosecutors put the retail value of the loads he was personally involved in at more than $12 million across at least 24 shipments, and he has pleaded not guilty.

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