Milton’s sell-off: Indicted Nikola founder dumps 7M shares, transfers 600,000 others
Nikola founder makes biggest divestiture to date, selling 7 million shares over three days and transferring 600,000 shares to his spouse.
Nikola founder makes biggest divestiture to date, selling 7 million shares over three days and transferring 600,000 shares to his spouse.
A strong consolidation program extends the reach of logistics savings beyond just trailer loads and multi-stop loads by converting LTL suppliers to customer pickup.
The always-contentious UPS-Teamsters negotiations could hit new levels of enmity should Sean O’Brien be elected Teamsters president.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Canada again beats Mexico to remain the top U.S. trade partner; Merqueo raises $50 million to expand across Latin America; Aries Worldwide Logistics opens Laredo office; and CBP in Texas intercept a rare pest in a produce shipment.
AskWaves recounts the history of the eight-lane, $128 million World Trade Bridge, and its importance to commercial truck traffic between Mexico and the United States.
With today’s growing delivery economy, one thing’s for certain: The job isn’t complete until the last mile is covered.
Not to be a Luddite, but a world of trucker-free trucks is going to mean some minor trade-offs, including fleeting bouts of creepiness.
Canada Border Service Agency employees have ended a day-long work-to-rule strike after reaching a tentative agreement with the Canadian government.
Precipitous fall in company stock is a backdrop to change at the top of struggling battery maker Romeo Power.
A third-quarter outlook from truckload carrier U.S. Xpress sees volume and rate strength lasting throughout 2021. However, driver and supply chain labor challenges present risks.
FMCSA is asking the medical industry to help ensure the agency has a proper handle on truck driver qualification.
“It’s a true domestic and international cargo insurance product that brokers and carriers are now utilizing to win the highest-margin freight and strengthen ties with their current client base,” Mark Vickers said on shipper’s interest insurance.
The PPI for the truck transportation sector, after a huge jump April to May, slowed between the next two months.
Postmaster General DeJoy underscored improved performance at the Postal Service despite a $3 billion quarterly loss.
Trucking, logistics and airfreight companies are collectively owed hundreds of thousands of dollars after a Texas freight forwarder filed Chapter 11 bankruptcy earlier this week.
The midsize truckload carrier needs to boost hiring by more than 10% but won’t compromise standards to do it.
Each year the TCA Scholarship Fund awards up to $6,250 to students with a connection to the trucking industry to offset some of the costs to attend college.
Also on the podcast: The investment drought in oil setting the table for higher prices
The past week in social media images features a mudslide-damaged highway, a truck rollover during a flood, destructive wildfires and more.
Growth was also seen further in the logistics supply chain, with warehouse and courier jobs also rising.