Nikola founder Trevor Milton is out as executive chairman of the electric truck startup, the latest fallout from a brutal report by a short seller accusing him of lying about the company’s technology.
Dismissal of a lawsuit is the latest decision that backs the supporters of the law governing employer-contractor job definitions
With many data points sitting at cycle highs, several industry participants are calling for the trucking market’s bull rally to last well into 2021.
Late Sunday night, FreightWaves broke the story of Trevor Milton voluntarily stepping down from the Nikola Motor (NASDAQ:NKLA) board. A few hours later, Nikola Motor made the resignation official in a press release: Nikola Corporation (NASDAQ: NKLA) today announced that Trevor Milton approached the Board of Directors and proposed to voluntarily step aside as Executive […]
Sources close to the embattled fuel cell truck manufacturer are reporting that founder Trevor Milton has resigned as executive chairman of Nikola Motor (NASDAQ: NKLA) and has departed the company effective immediately. He will remain as one of the company’s largest shareholders, but will not have a say in how the company is managed going […]
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican train blockade costing millions; Toyota and VW expand in Mexico; tire manufacturer opens Houston facility; Xxentria opens border operation; US, Mexico and Canada extend border closures.
Elion controls more than 3 million square feet of urban land.
Truckers and law enforcement united Saturday for the annual truck convoy for Special Olympics in Sioux Falls, South Dakota.
Electric trucks from PACCAR siblings can get California rebates when the fund is replenished; Daimler shows future battery and fuel cell trucks; and FMCSA grants Bosch a video mirror waiver.
In today’s edition of The Daily Dash, GlobalTranz shook up its leadership structure on Friday, Amazon is planning a new distribution strategy, and the U.S. Air Force could transport tractor-trailers on aircraft as part of any COVID-19 vaccine distribution plan.
Have tender rejections peaked?
FedEx Direct’s Standard and Premium services now serve 90% of US.
New driver panel will inform FMCSA’s MCSAC safety group.
Weekly government numbers misinterpreted by those unaware of the one-week aberration due to two events
Demand swings and supply chain disruptions have characterized 2020. Food shippers look to overcome these challenges and adapt to rising transportation costs in addition to e-commerce shopping changes to the market landscape.
A Colorado truck driver accused of stabbing a Black man in an unprovoked attack at a Pilot Travel Center in Oregon was charged with a hate crime Thursday.
Slower-going legacy companies try to figure out what exactly the path to the green transportation future is going to look like.
The relationships a logistics business builds up over the years can prove highly valuable when it comes time to sell.
Redwood Logistics employees recently held a #HeroChallenge to raise over $100,000 for several organizations helping those impacted by COVID-19.
The U.S. government is coordinating with the private sector how to quickly deliver a COVID-19 vaccine, but under one scenario officials are contemplating the military could deploy giant cargo planes to carry refrigerated trucks full of vaccines.
