Transportation startups starting to look desperate
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
Veteran automotive executive Ed Hightower is trying to bring the Lordstown Endurance electric pickup truck to market despite myriad setbacks.
Lordstown Motors is sticking to planned production of the Endurance electric pickup truck in Q3, but a shortage of cash makes the plan uncertain.
Taiwan’s Foxconn would manufacture Lordstown Motors’ Endurance electric pickup truck under an agreement to buy the former GM assembly complex.
Lawmakers use Trump-era reforms in the infrastructure bill to attract Republican support.
Lordstown Motors Corp.’s top two executives are out following an internal investigation into allegations of phony preorders for electric pickup trucks.
Independent truck dispatchers are pushing back on potential regulatory changes that could restrict their services.
Oshkosh can make 100% battery-electric delivery trucks for the U.S. Postal Service, likely dashing Workhorse’s hopes of reigniting the competition.
Trucking groups OOIDA, WSTA and ATA condemn the violent attack on the U.S. Capitol, call for truckers to focus on policy, not politics.
Now-pardoned California Republican Duncan Hunter pleaded guilty to misusing campaign funds.
Former Louisiana trucker Alfred Bourgeois was put to death Friday, after the U.S. Supreme Court rejected a last-minute bid by his attorneys for clemency.
Workhorse Group shares plummet as Postal Service delays delivery truck contract to early 2021. Separately, a potential short seller claims the electric delivery truck maker is worth just 20% of its valuation.
Dispatch services are operating illegally as unlicensed brokers, TIA claims.
A StopTheTires2020 group plans to shut down because they oppose Biden’s “ban on fracking.”
The vote to complete a reverse merger for commercial electric pickup startup Lordstown Motors is set for Oct. 22 amid greater than run-of-the-mill business risks.
$13.6 billion included in package to keep Highway Trust Fund running.
Alaska and South Dakota received $6.9 million in grants from the Federal Railroad Administration for rail-related projects.
President Trump’s new measures are aimed at addressing steel import issues affecting American producers during the COVID-19 pandemic
A look at the latest campaign spending reports shows that those in the transportation industries are heavily supporting Democratic candidates, but Trump holds a big edge among companies and PACs.
The House voted in a rare Saturday session to pass legislation that would provide $25 billion in emergency funding to the U.S. Postal Service (USPS).