The Morning Mile — Thursday, Oct. 29
A driver resets his hours by phone in front of FMCSA, Werner says capacity cuts are in the early innings, 221 trucking companies have filed for bankruptcy this year, Charger signs on for up to 500 driverless trucks, insurance claims slam two brokerage stocks, and the Parks Highway braces for up to 15 inches of snow.
Summarized from CDLWire.
Good morning, drivers. Here is what you need to know to start Thursday, October 29.
ELD fraud, demonstrated live: A Meiborg driver called a registered ELD provider from Illinois police headquarters and had his hours reset in about 10 minutes, on video — FMCSA vowed to 'hold violators fully accountable' and cited more than 95 ELDs revoked since January 2025.
Werner: early innings: CEO Derek Leathers says about 15% of capacity is still out of alignment with the rules and only 3% to 4% has come out, with application rejections up 170% since January — as Werner's revenue rose 23% to $950.5 million.
221 bankruptcies this year: Bloomberg data puts 2026 trucking bankruptcy filings at 221, and nearly 40% of surveyed small carriers say they may be out within six months.
500 driverless trucks, on paper: Charger Logistics signed a nonbinding MOU to buy up to 500 Aurora-powered trucks over 2027–2028 — more than its entire U.S. fleet today, with no binding order yet.
Claims slam the brokers: Insurance and claims costs knocked C.H. Robinson stock down 11.14% and Landstar down 17.76% in a day, despite strong quarters at both.
Parks Highway warning: The National Weather Service warns of 7 to 15 inches through Friday on Alaska's Anchorage–Fairbanks corridor, with visibility to a quarter mile.
That's the mile. Drive safe — full stories are on the homepage.
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