Author: Vitaliy Dadalyan

Knight Transportation Buys Abilene Motor Express

Abilene Motor Express is a Richmond, Va.-based carrier with nearly 400 trucks that operates throughout the U.S. and Canada. Photo via Abilene Motor Express

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Knight Transportation, a wholly owned subsidiary of Knight-Swift Holdings, has acquired all of the assets of Abilene Motor Express and related entities, according to a Securities and Exchange Commission filing.

Abilene Motor Express is a Richmond, Virginia-based carrier with nearly 400 trucks that operates throughout the U.S. and Canada. The SEC filing states that it brings in approximately $100 million in annual revenues.

The company serves the long-haul, over-the-road truckload market and offers regional operations, dedicated contract carriage, and sole/single source transporting services in dry and temperature controlled applications. Knight-Swift said in a securities filing that the business has an operating ratio in the low 90s."

This is the first acquisition for the company since Knight and Swift merged in 2017, bringing together two of trucking's largest players. The combined company operates around 23,000 tractors and 77,000 trailers.

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Service Accused of Coercing Fleets into Paying Fake Fees Agrees to Settle

The operators of an online registration service for motor carriers has agreed to settle with the Federal Trade Commission over charges that they impersonated and falsely claimed affiliation with the U.S. Department of Transportation and other government agencies.

The accused allegedly took more than $19 million from small trucking businesses by creating the false impression that they were affiliated with U.S. DOT, the UCR system, or another government agency.

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The two were accused of deceiving small trucking businesses into paying them for federal and state motor carrier registrations.

Under the settlement order, the defendants are banned from misrepresenting affiliation with any government entity and from using consumer billing information to obtain payments without expressed consent.

They must also adequately disclose that they are a private third-party service provider and any fees associated with their services. The order imposes a $900,000 judgment that must be paid within one day.

James P. Lamb and Uliana Bogash were accused of violating the FTC Act and the Restore Online Shoppers Confidence ACT while operating under the company names DOTAuthority.com and DOTFIlings.com, Excelsior Enterprises International, and JPL Enterprises International.

Certain trucking companies that must register annually with the Unified Carrier Registration system can register through the official UCR website or the official website of their state. Lamb and Bogash are accused of taking more than $19 million from thousands of small businesses by creating the false impression that they were affiliated with U.S. DOT, the UCR system, or another government agency.

Through allegedly misleading robocalls, emails, and text messages they would send false warnings to the fleets that they could be subjected to civil penalties, fines, or law enforcement actions unless they registered with one of their sites instead of through official government websites.

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U.S. blocks use of Venezuela’s digital currency: White House

U.S. blocks use of Venezuela's digital currency: White House

U.S. President Donald Trump on Monday blocked the use of Venezuelan cryptocurrencies through an executive order prohibiting such transactions by those in the United States, the White House said in a statement. The order bars "all transactions related to, provision of financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token," issued by Venezuela's government since Jan. 9, the statement said.


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Uber Suspends Self-Driving Tests After Vehicle Kills Pedestrian

Photo via Diablanco/Wikipedia.

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Uber has shelved its self-driving vehicle program after one of its test vehicles struck and killed a female pedestrian in Tempe, Ariz. The accident marks the first known death of a pedestrian hit by an autonomous vehicle on public roads, reports the New York Times.

Following the incident, Uber suspended testing of its autonomous cars in Tempe, Pittsburgh, San Francisco, and Toronto.

The deceased woman, who has not yet been publicly identified, was crossing the street outside a designated crosswalk at approximately 10 p.m. on March 18 when the accident occurred, reports USA Today. She died on March 19.

As is standard practice when testing autonomous vehicles, the Uber car was in autonomous drive mode, but there was a human safety driver behind the wheel when it hit the woman, according to reports. There were no passengers in the vehicle.

Uber issued a statement that the company is "fully cooperating with local authorities."

Ironically, proponents of self-driving cars claim the technology can help to greatly reduce the number of traffic-related pedestrian deaths. The Tempe incident may fuel concerns of activists who believe that the technology that allows the cars to sense their surroundings is not yet safe enough for roll-out on real world roads and highways, reports USA Today.

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