Nikola’s cash position improves but losses widen in Q2
Asset sales in Q2 helped Nikola add cash to its balance sheet, but losses widened as ramp-up of fuel cell trucks consumed cash.
Asset sales in Q2 helped Nikola add cash to its balance sheet, but losses widened as ramp-up of fuel cell trucks consumed cash.
“Part of what worries us about trucks, in particular, is that the truck vehicle networks weren’t really designed to be put on the internet,” said NMFTA’s Ben Gardiner.
Could Kodiak leverage some of the work Navistar has in on a redundant chassis for a Class 8 autonomous truck?
Supply chain technology provider Trimble posts impressive Q2 results and says truck spot rates may have “bottomed out.”
Kodif’s founding team showcases experience, resulting in the development of a technical product that empowers even those lacking technical proficiency to effectively utilize it.
“The discussion of reducing the de minimis back to the $200 threshold could impact e-commerce retailers with high-value products by increasing costs,” said BoxC Logistics co-founder Chad Schofield.
“In an era where financial empowerment can impact the success of companies and the livelihood of small business owners, we’re making sure the trucking community can take advantage,” says OTR CEO Fritz Owens.
Uber Freight’s negative EBITDA was improved from the first quarter, but revenue has declined steadily for more than a year.
“The establishment of a Silicon Valley-based technology lab is a natural evolution for Ryder,” says Ryder’s CMO.
J.B. Hunt Transport is helping Nikola reduce its inventory of battery-electric trucks and adding to the order bank for fuel cell models.
Transportation spend optimization is a shipper’s secret weapon to transform its spend management process, improve inefficiencies, and reduce complexities and operational risk.
Investor confidence coincidentally clashes with an executive’s stock sales at autonomous trucking developer.
The future of Waymo Via had been whispered about for months after parent Alphabet Inc. cut thousands of jobs across the company earlier this year.
Merchants can use FlowspaceAI for Freight, particularly its Network Optimization tool, to support a range of services, enhancing fulfillment operations and providing valuable insights for marketing and sales strategies.
For the first time since freight sentiment index inception, shippers are the least positive group. Does that mean the market is balancing?
Other charging infrastructure startups have more resources but WattEV has an early advantage in making charging available.
Seeking clues in TuSimple’s delayed financials; a case for an autonomous trucking slowdown; and Kodiak Robotics’ dual-use approach to autonomy.
Capital markets that have been freezing out mobility startups may be thawing with Aurora Innovation raising $820 million in new funding.
Fluid Truck Renew helps commercial fleets lease out parked equipment and offers a simple way for new fleets to enter the market.
According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.