Recent filings paint a stark picture of Nikola’s financial woes, with assets estimated between $500 million and $1 billion against liabilities ranging from $1 billion to $10 billion.
Supply chain technology provider Trimble recorded a 6% year-over-year increase in transportation revenue during the fourth quarter to $206.8 million.
The U.S. Department of Transportation has terminated New York City’s congestion pricing plan, drawing praise from trucking groups.
Winter storms in Tennessee and Kentucky impacted express parcel deliveries on Wednesday, while Air Canada faces shipping delays at the Toronto airport.
Nikola, a Phoenix-based manufacturer of zero-emissions trucks, announced it will pursue an auction and sale process for its assets as it grapples with ongoing financial difficulties.
An EPA action initiating the process of revoking three California emissions waivers faces legal hurdles.
An aging workforce and President Trump’s tariff policies are steering companies toward adopting more technologies that optimize workflows as well as health and safety.
An entity with ties to shuttered car hauler Jack Cooper has acquired and relaunched regional less-than-truckload carrier Standard Forwarding.
More than 500 Teamsters drivers at 10 Roads Express have gone on strike across eight states, accusing the company of “unfair labor practices and refusal to bargain in good faith.”
U.S. Postmaster Louis DeJoy has expressed a desire to transition out of that role. The Postal Service’s board will soon start looking for a successor.
Ridgefield, Washington, industrial automation company Lab0 announced the launch of the first industrial humanoid-inspired system designed to fully automate inbound warehouse operations.
Stephenson & Company is poised to launch three new benchmarking studies in order to better understand what metrics drive success in the transportation industry
LTL carrier XPO has filed suit against two workers who had a noncompete but went to Central Transport.
The Manifest conference in Las Vegas highlighted autonomous truck rollouts, but trucking executives are taking a wait-and-see approach.
Driver recruiting specialist Tenstreet announced Monday it has acquired driver visibility and communications platform TextLocate.
More than $32 million worth of drugs has been seized recently at commercial ports in Texas, Michigan and Washington.
PS Logistics hangs on to its debt rating at Moody’s, giving a look at the finances of the privately held flatbed operator.
This week in Borderlands: Trade fears, CO2 rules hit Mexico’s cargo truck exports; Gebrüder Weiss opens Phoenix location aimed at cross-border trade; Bourque Logistics snags $100M in financing for expansion; Taiwan auto parts supplier plans $70M factory in central Mexico.
A Missouri truck company owner who was convicted of Paycheck Protection Program fraud was sentenced to nine years in prison.
A group representing small transportation companies has successfully lobbied the FMCSA to keep the door open on a rulemaking that pits brokers against truckers.
