FedEx Corp. reported lower-than-expected second-quarter fiscal year 2020 earnings Dec. 17, missing Wall Street analysts’ expectations.

Celadon Group has been authorized by a bankruptcy court to spend $1.2 million before Jan. 3, 2020, to maintain operations for Hope Mills, N.C.-based Taylor Express Inc. — the last of its operating units that is still in business — while it pursues a sale of the company.

Trucking and transportation leaders praised the news that the United States and China reached an agreement to stave off a round of tariffs just days before they were set to take effect Dec. 15.

Port of Oakland Executive Director Danny Wan has been a fixture at the port and City Hall for 20 years before being appointed to the top position at one of the nation’s busiest ports in November.

ARLINGTON, Va. — Hundreds of thousands of volunteers put on rain gear and bundled up at Arlington National Cemetery and 2,140 other locations in the United States and two cemeteries in Europe on Dec. 14, placing wreaths on the graves of our nation’s fallen military heroes.

Recent headlines concerning the trucking industry’s economy have been somewhat foreboding, but industry leaders are optimistic workers laid off can find new jobs.

Celadon Group on Dec. 10 appeared in a federal bankruptcy court in Wilmington, Del., the day after it announced plans to file for Chapter 11 bankruptcy and wind down its operations under the weight of huge debt obligations and a weakening trucking market.

A Wall Street analyst who tracks Celadon Group said a lack of time and weakness in the trucking sector contributed to the company’s decision to file for bankruptcy and close its doors. 

Military veteran Joseph Campbell, a driver for Roehl Transport, won the Transition Trucking: Driving for Excellence Award on Dec. 6 at the U.S. Chamber of Commerce.

Celadon Group Inc. is filing for bankruptcy and shutting down immediately amid falling freight rates and the effects of penalties levied by the U.S. Department of Justice for settlement of securities fraud charges brought against prior management.