Lightning strike: Lordstown Motors might not survive the year
Once high-flying SPAC Lordstown Motors said Tuesday it may fail without more money to produce commercial electric pickup trucks.
Once high-flying SPAC Lordstown Motors said Tuesday it may fail without more money to produce commercial electric pickup trucks.
A new supply chain task force emerges from the Biden administration’s 100-day review.
Autonomous trucking software startup TuSimple’s public offering helps boost Navistar Q2 earnings while a trucking recovery leads to added production.
Asset-light trucking and logistics provider Forward Air’s new pay plan incentivizes operators to haul into the country’s more challenging markets.
Turntide Transport division will initially target electromechanical systems to decarbonize markets such as commercial and industrial vehicles, rail, marine and aerospace.
During market shifts, it can be difficult for shippers to decide which modes, providers and contract/rate types will serve their business best.
Jerome Guillen, the head of the Tesia Semi Class 8 electric truck program, has left the electric vehicle maker without explanation.
Waabi has emerged from stealth with $83.5 million in funding and a plan to build AI-first self-driving technology.
The large year-over-year revenue increases recorded by less-than-truckload carriers in the second quarter continued with Yellow on Monday after the close. However, the carrier’s operating metrics lagged some of its competitors as it continues to execute a companywide overhaul.
The general contractor on the wind project where the driver was working was stuck with the biggest share of the award, but two drivers also were assigned blame as well.
Daimler Trucks adds three safety advances, building on NHTSA data showing fewer truck-related crash deaths.
The desktop and mobile versions of the carrier portal will launch in mid-July, while the app will be released later in Q3.
Carriers are hoping to attract drivers with more pay and improved benefits.
The Alpharetta, Georgia-based peanut and tree nut processing company “will be closing entirely and permanently ceasing operations” in El Paso, Texas.
United Auto Workers members at Volvo Trucks North America planned to resume a strike after rejecting a second tentative agreement .
Carbon-neutral construction, renewable energy installation and worker- and community-based programs are among Prologis’ sustainability initiatives.
Navistar was hit by a cyberattack in late May, but the truck maker said it is working with cybersecurity experts to minimize the impact.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Embracing tech standards before pandemic benefited manufacturers; eBay opens platform to millions of sellers in Latin America; Bull Moose Tube announces Texas mill; and CBP seizes $4 million in fake items at Port Houston.
Nikola founder makes bank for early employees to whom he gave 6 million low-priced stock options.
The 20-year battle over broker post-accident liability may be resolved once and for all.