The case against Nikola’s Trevor Milton: ‘Lied about nearly every aspect’
‘Today’s government actions are against Mr. Milton individually, and not against the company,’ Nikola said in a statement.
‘Today’s government actions are against Mr. Milton individually, and not against the company,’ Nikola said in a statement.
The trucking industry’s issues with driver availability along with customers’ commitment to sustainability are factors that could support growth for intermodal beyond 2021 and 2022, executives said during Hub Group’s earnings call on Thursday.
From a COVID outbreak to supply shortages, Workhouse Group has repeatedly missed production targets.
FreightWaves meteorologist Nick Austin and Reliance Partners’ Brian Runnels urge the industry to hunker down in August and September — hurricane season’s peak months.
Wall Street investors liked what they saw in the company’s earnings, pushing the stock up by more than 8%.
“Our logistics segment has been thriving and growing, including contract logistics and port services, with the largest contributor being brokerage,” says Schneider CEO.
As Wabash National streamlines its business, the trailer manufacturer will convert reefer capacity to add 10,000 dry vans in 2023.
The numbers that the company is getting on its used tractor and truck sales is outpacing the assumptions in last year’s big inventory writedown
One aspect of the decision that may stick is a clear ruling that owner-operators on a lease are independent contractors, not employees.
The company posts solid numbers for its transport and logistics units as the logistics business prepares for trading on Monday as a spun-off entity.
Management has raised full-year revenue guidance to $3.45 billion-$3.55 billion.
Truckload carriers’ “spillover” freight ties up LTL capacity during unprecedented times, Old Dominion executives said.
XGS hopes the merger of the two companies will strengthen its overall operational footprint.
The recent chip shortage crisis isn’t helping matters.
Based on a FreightWaves survey, these are the mobile weather apps that truckers like the best while on the job.
The key profitability metric comes in 550 basis points below the company’s 2020 results.
Nearly 80% of the nation’s freight moves through Chattanooga, due to the convergence of three major internates: I-75, I-24 and I-59.
A trucking company mishandled an employee’s harassment complaint, leading to a termination and ultimately a large jury award against the company.
The Tuesday deadline imposed by K-Ratio to sign its universal settlement agreement or face legal ramifications passed without a consensus for the 34 trucking companies that participated in its fuel hedging program. The Chicago-based company abruptly shut down its fuel futures program in late June.
Federal prosecutors filed a motion Tuesday requesting the court dismiss all charges against ex-Pilot President Mark Hazelwood and two former sales team executives, Scott Wombold and Heather Jones. In October, a federal appellate court overturned Hazelwood’s conviction.