US #trucking firm Yellow files for #bankruptcy after loading up on #debt

https://ground.news/article/us-trucking-firm-yellow-files-for-bankruptcy-after-loading-up-on-debt_0a2c55

@penpencilbrush On the family that owns New Brunswick
By Abbie Moser / green issue / September 27, 2019

"How one family creates and curates a culture of fear throughout an entire province

"There are very few names that stir up as much debate and controversy in New Brunswick as “Irving” does. As Canada’s eighth wealthiest family, formerly the third wealthiest family in 2014, the Irvings are ranked 13th in terms of most extensive landownership globally, the largest private landowner in Maine, and the fifth largest private landowner in America—the Irving family have disproportionately impacted the historical and contemporary development of my home province. Strong opinions on the Irving family and its corporation are limited to residents of the province, and Canada’s most unknown and corrupt family has gone out of their way to ensure that it has remained this way for decades.

"With their current net worth of $7.38 billion, the Irving family had humble beginnings. The dynastic company got its start back in the 1920s when K.C. Irving started a small service station in his hometown of Bouctouche, New Brunswick. With persistence, he would eventually turn this service station into Irving Oil, a 3,000-franchise distributor across the east coast that controls more than 250 enterprises scattered across North America. None of the various companies that the Irvings own are up for public trade, allowing for no financial transparency. The Irving Oil refinery in #SaintJohn, New Brunswick is the largest oil refinery in all of Canada. The #LungCancer rates in Saint John also just so happen to be 50 percent higher than in #Fredericton and #Moncton, the province’s other major cities, and are likely linked to #environmental factors instead of smoking. Their empire spans from #energy, #forestry, #trucking, #construction, #shipyards, and hardware stores, to owning every single #newspaper in the province (no, I’m not exaggerating), and even a junior league hockey team. Together, the various companies, which are all privately owned by the family, are estimated to be worth $10 billion.

"To feed an oil refinery that produces up to 320,000 barrels a day, Irving imports 100 million barrels of oil each year, most of which comes from #SaudiArabia. The family owns more than 900 gas stations, railway lines, shipping companies, and paper & pulp mills. Supplying 60% of the gasoline in Boston, the Irvings are responsible for nearly one-fifth of American gasoline imports. They employ roughly one in every eight New Brunswickers and account for more than half of the province’s exports.

"K.C. believed heavily in vertical integration and instilled the values of loyalty, hard work, and attention to detail into his empire. He was one of the first Canadians to utilize offshore #TaxHavens, placing his companies in a trust in Bermuda. This move to Bermuda would eventually prompt a Canada Revenue Agency investigation that would reveal that the Irvings’ move allowed them to lower their tax bill by $142 million. Now, roughly a dozen Irving companies are based in Bermuda. Escaping taxes is something that the Irvings are professionals at now. Oil refineries in Alberta that produce the same daily quantity as the one that the Irvings own would pay roughly between $15-16 million a year in taxes while the Irving’s refinery gets away with paying only $5 million.

"The Irvings continue to exploit the province, the natural resources of which have allowed for their wealth and power to flourish, without giving as much as a dime back to the province, allowing for our provincial infrastructure and education systems to suffer. New Brunswick is the second poorest province in Canada—our median income is the lowest amongst the provinces, we have the highest unemployment rates, our provincial government is facing a $453 million deficit, and is paying $685 million a year towards debt-servicing costs. This family doesn’t stop at exploiting the environment; they continue to exploit New Brunswickers, without whom their fortune would not exist. In 2013, it was revealed that Moncton taxpayers paid $88,000 per year to the Moncton Wildcats hockey team to compensate for the loss of income in their corporate seats. Robert Irving owns this hockey team, and the citizens of Moncton were never told that their tax dollars would be distributed to the team. City council made this decision under the condition that another Irving business would establish operations in the city."

Read more:
https://thestrand.ca/on-the-family-that-owns-new-brunswick/

#Pollution #OilRefinery #Oligarchy #Oiligarchy #Toxic

#trucking #YellowBankruptcy #YellowCorp
Darren D Hawkins 😡
30,000 people stand to lose their work in the days ahead, because this person is altogether incompetent or schemed to run Yellow Corp into the ground (dismantling it’s union in the process?). Serious problems with the 45 “justice” department, too. https://www.tiktok.com/t/ZT88wA4Hp/

Me: *does double-take* ...why is CRST pulling a Gardner trailer?"

@kabrams, bemusedly: I have no idea.

Hashtag things you pay attention to after #trucking, lmao. (I was only a passenger but I like to think I was mostly a good passenger!)

#Waymo kills off #autonomous #trucking program
https://arstechnica.com/gadgets/2023/07/waymo-kills-off-autonomous-trucking-program/

“Pee-Wee’s Big Adventure” was released on this date in 1985.

#peeweesbigadventure #largemarge #peeweeherman #trucking #baseballcards #cardart

Living the dream! This is my homemade jambalaya, which I made for dinners on the road. I also made spaghetti, and red beans and rice. I figure I have nearly two weeks of dinners, which will save a ton of money. And it's way better than truck stop diner fare.

#Jambalaya #Cajun #Cooking #trucking #truckLife

"On June 13, #ProPublica and #FRONTLINE detailed the industry’s fight against a different, heavier side guard — one designed to prevent cars and other passenger vehicles from getting wedged beneath large commercial trucks during roadway collisions." #crashNotAccident #visionzero #warOnCars #trucking

https://www.propublica.org/article/dot-rejected-truck-side-guards-trucking-lobbyists-safety

I know it's Friday, many of you are heading to cottages and camps, but please remember some of us are at work on the roads. Please give heavy trucks space, we need 3 seconds of cushion for YOUR safety. Physics is NOT your friend in a collision... #trucks #trucking #SafetyFirst

This is dope!

https://youtube.com/shorts/oCTNXNe7oWE?feature=share

#AmericanTruckSimulator #PC #Trucking #Sim

Monday doesn't always go right, but it isn't stopping, so you better keep on trucking after it...

#truck #trucks #trucking #keepontrucking #Monday #motivation #MondayMotivation #MotivationMonday #keepgoing

"The new requirement has also prompted threats of a boycott against the state by truckers saying they would refuse to haul goods in or out of the state.

“We have to do this, for us,” trucker Jose Quintero told the Bradenton Herald. “The law is discriminatory and does not take seriously the work and commitment of immigrants in several industries.”"
~@TruthOrFiction
https://www.truthorfiction.com/florida-drivers-license-rhode-island-hawaii-vermont-connecticut/

#Trucking #Transportation #Florida #Politics #USA

STREAM TIME!

Join me for some chill truck driving round Scandinavia and Northern Germany in Eurotruck Simulator 2.

We'll have a natter, listen to music, and moan about other road users. #gaming #trucking

https://twitch.tv/gariusthebrit

#DOT Researchers Suggested a Way to Make Big #Trucks Safer.

After Meeting With Lobbyists, Agency Officials Rejected the Idea.
==

The Department of Transportation allowed #trucking lobbyists to review an unpublished report recommending a #safety device that could save lives by preventing #pedestrians & #cyclists from getting crushed under large trucks.

“PLEASE delete any mention of a recommendation to develop … any regulation,” the DOT supervisor wrote in an email.

https://www.propublica.org/article/dot-rejected-truck-side-guards-trucking-lobbyists-safety?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

The trucking portion of the #logistics industry should be safe and not killing drivers for #capitalist profits. The #lobbying efforts are monstrous. Find out how dangerous trucking conditions actually are in a documentary on #PBS tomorrow night June 13th at 10 pm eastern time/9 pm central time.

#Trucking labor needs to organize/unionize desperately to save lives. #ProPublica has an investigate article up also.

https://www.pbs.org/wgbh/frontline/documentary/americas-dangerous-trucks/

https://www.propublica.org/article/americas-dangerous-trucks-cars-underride-crash-frontline

Thousands of Americans have been killed when their #cars slid under the trailers of large #trucks.

Drawing on thousands of court records, government documents and interviews with survivors and industry insiders, a new FRONTLINE & ProPublica investigation will show why regulatory agencies and the #trucking industry have long refused to mandate effective #safety measures — and why the struggle continues today.

Debuts Tues., 10pm ET on PBS.

Watch the preview here:
https://www.propublica.org/article/americas-dangerous-trucks-cars-underride-crash-frontline?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

Coming this week from FRONTLINE and @ProPublica: "explosive emails detailing how #trucking industry officials pressured Department of Transportation regulators to alter a report that recommended a nationwide mandate for guards specifically designed to protect pedestrians, #bicyclists and #motorcyclists."

https://www.propublica.org/article/americas-dangerous-trucks-cars-underride-crash-frontline

FRONTLINE and ProPublica investigate deadly truck accidents and the fight over measures that could save thousands of lives.

America’s Dangerous Trucks premieres Tue., June 13 on PBS.

#Cars #Trucks #Trucking #Safety #Highways #Frontline #Driving #Shipping

Ars Technica: Truckers are caught on the front lines of California’s EV push https://arstechnica.com/?p=1940069 #Tech #arstechnica #IT #Technology #batteryelectricvehicle #electrictrucks #climatechange #trucking #Policy #Cars

Truckers are caught on the front lines of California’s EV push - Enlarge / Trucks at the Port of Los Angeles in Los Angeles, California.... - https://arstechnica.com/?p=1940069 #batteryelectricvehicle #electrictrucks #climatechange #trucking #policy #cars