The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Nikola Motor Corp. founder Trevor Milton can begin selling his stock shares on Monday, potentially flooding the market with as many as 91 million shares. Plus, we explore the role political action committees play in furthering the agenda of transportation entities and diesel backers see silver linings in a Joe Biden administration.
Will he or won’t he?
Nikola Motor Corp. (NASDAQ: NKLA) founder Trevor Milton owns over 91 million shares of the company. While he is no longer involved in the company, Monday is the first day Milton can start selling those shares.
Alan Adler has the story on what impact that may have: Trevor Milton can dump his Nikola stock on Monday — will he?
PAC politics
Transportation political action committees play an important role in furthering the agenda of the industries they represent. The 2020 election was no different.
Joanna Marsh explores the role PACs play: Unpacking political action committees: Why are transportation PACs important?
Diesel’s future
Despite the incoming Biden administration’s focus on clean energy, advocates for diesel power believe there remains a bright future for the fuel.
Linda Baker explains: Diesel sees life after Biden
If at first you don’t succeed …
Minnesota wants to streamline its commercial driver’s license skills testing process, and federal regulators are reconsidering the state’s initial exemption request, which was denied in 2017.
John Gallagher explains why this time might be different: Minnesota asks for CDL skills testing relief
Stories we think you’ll like:
What would Thanksgiving be like without truck drivers?
Thin inventories lengthen trucking demand runway
AIT Worldwide acquires UK white-glove delivery specialist
UPS slashes ground delivery transit times
Diesel markets closing out a strong November
PCS Software acquires UltraShipTMS, expanding end-to-end supply chain capabilities
Walmart’s Mexico unit under investigation for antitrust behavior
XStream Trucking broadens business and becomes TruckLabs
Did you miss this?
Werner Enterprises (NASDAQ: WERN) is continuing to roll out new technology, the latest being MasterMind, the transportation management system from Mastery Logistics Systems.
Brian Straight talks to Werner about its technology strategy: Werner deploying MasterMind TMS, investing in Mastery Logistics Systems
Hammer down, everyone,
Brian Straight
Managing Editor
Click for more FreightWaves articles by Brian Straight.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
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Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now