Workhorse avoids SEC enforcement, scraps C1000 electric delivery van
Electric vehicle maker Workhorse announced that it escaped action from the Securities and Exchange Commission related to fraud accusations.
Modern Shipper covers the gig economy, including same-day, on-demand, and last-mile delivery jobs and services. Readers will find current news on gig economy companies, gig economy workers, gig economy data and trends. In addition, Modern Shipper focuses on e-commerce, e-commerce platforms and companies, and e-commerce services and technologies.
Electric vehicle maker Workhorse announced that it escaped action from the Securities and Exchange Commission related to fraud accusations.
For the fourth time this year, grocery delivery platform Instacart has cut its valuation, despite hints of an IPO.
In yet another drone-related patent filing, Ford is looking at flying within aerial corridors above roads.
The e-commerce giant’s long-awaited drone delivery service finally got off the ground on Christmas Eve.
FedEx Express is looking to trim fat at the largest cargo airline in the world and lean on rental fleets to fill in needs.
A new survey of gig workers found that a majority have no plans to leave the industry, despite concerns of income stability and health benefits.
FedEx must convince stakeholders that it will stay the course on cost reductions.
The Warehouse Worker Protection Act is designed to provide transparency and worker protections to warehouse employees in the state of New York, which has seen several skirmishes over working conditions at Amazon facilities.
FedEx’s 2023 second-quarter results proved its ability to quickly slash costs but also showed the damage a demand slowdown is inflicting on its top line.
American Eagle’s logistics arm has partnered with JLL to open fulfillment centers with a rent-as-a-percentage-of-revenue payment model.