Nikola asks customers with electric trucks under recall for potential battery fires to return them to its plant.
Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital.
Hyzon Motors is not out of the woods yet, but it is current on required financial filings and has streamlined its fuel cell business.
Lordstown Motors dodged delisting from the Nasdaq by a reverse stock split, but its future remains murky.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
Autonomous trucking software developer TuSimple will cut 300 more jobs and keep China operations it had planned to spin off or sell.
Autonomous trucking software developer TuSimple will disappear from the Nasdaq on Monday as it is delisted for financial filings failure.
Settling multiple distractions surrounding TuSimple was Cheng Lu’s priority when he returned as CEO in November.
Even with multiple investigations to close, TuSimple has three years worth of money to run its autonomous trucking business.
Startup electric last-mile van developer Arrival cut 50% of its workforce as it tries to reduce cash burn and make it to production.
FreightTech startup Freightos is raising money through a public offering rather than seeking venture capital.
La plataforma digital de reservas de carga recauda 80 millones de dólares mediante una fusión
Hydrogen fuel cell truck maker Hyzon Motors faces Nasdaq deadlines after missing a financial filing for the second consecutive quarter.
Electric work truck startup Atlis Motor Vehicles has crowdfunded $32.6 million from nearly 29,000 investors as it readies a public offering.
Amazon-backed EV maker Rivian makes big news with a public stock offer and beating its rivals to market with the first-ever electric pickup, the R1T.
Chinese ride-hailing giant Didi has filed paperwork with the SEC for an IPO on a major U.S. stock exchange.
“We plan to expand to three global manufacturing facilities, expedite product development, grow our global sales and service operations teams and so much more.”
According to a company blog, ForU Worldwide is able to increase operational efficiency of vehicles by 24% and reduce shipping cost by 15%.
Most companies have women now, but a second rule would deal with diversity or sexuality.
ESG investors are shunning shipping stocks, but dividends should bolster total returns.
New Jersey-based telematics provider PowerFleet, Inc., formerly I.D. Systems, announced on October 3 that it has completed its acquisition of Pointer Telocation.
It has been the slowest start of the year on record for shipping on Wall Street.
Stocks of publicly listed ship owners, particularly in the dry bulk sector, are feeling the fallout of trade tensions.
Long thought of as a global exchange company for buying and selling securities, Nasdaq has used its marketplace expertise and technology knowhow to leverage itself into a partner and provider […]
Workhorse Group, a technology company focused on offering sustainable mobility solutions, announced a new public offering of its common stock to raise additional funds as it works towards profitability.
Strong economic fundamentals in the U.S. and globally are driving the second-longest bull market since the 1920s. Could the driver shortage ultimately end it all?