Another SPAC scandal: Top ELMS leaders resign over discounted stock buys
Top executives resigned at ELMS Inc. following a board probe into their discounted stock purchases before a SPAC merger.
Top executives resigned at ELMS Inc. following a board probe into their discounted stock purchases before a SPAC merger.
Perhaps no single segment of the supply chain was more affected by the COVID pandemic than last-mile delivery. The final mile has undergone an evolution as e-commerce and faster delivery demands take hold.
Drone delivery reached new heights in 2021, and as a result, there was no shortage of interest in the technology.
Suspending electric van production, converting debt to equity and reducing cash burn are among the new CEO’s early moves at the troubled Workhorse Group.
Truck Talk is a FreightWaves’ newsletter covering the trucking ecosystem with perspective and context.
Truck Talk is a weekly newsletter that brings perspective and context to happenings in the commercial trucking ecosystem.
New CEO continues remaking executive team, with the chief financial officer and chief operating officer departing.
On the heels of a short seller’s takedown, Workhorse halts electric van deliveries and recalls units already in customer hands.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
Workhorse decides to pursue alternative opportunities after ending its bid fight with the Postal Service.
Short seller Fuzzy Panda dumps dirt on Workhorse, including confirming an SEC probe of the troubled electric delivery van maker.
Truck Talk is a weekly newsletter offering perspective and context on happenings in the trucking industry.
Workhouse Group is reviewing its electric delivery van designs to add cargo capacity and sold most of its stake in troubled Lordstown Motors.
Truck Talk is a weekly newsletter offering perspective and context on the trucking industry.
These 5 airdrops point to an exciting future for the drone industry.
From a COVID outbreak to supply shortages, Workhouse Group has repeatedly missed production targets.
The United States’ resident delivery colossus could unveil a game-changing last-mile solution.
Workhorse’s unsealed complaint against the Postal Service claims Oshkosh got preferred treatment and skirted the rules in lobbying for the main truck contract.
Truck Talk is a weekly newsletter that adds perspective and context to issues affecting the trucking industry.
Oshkosh files to intervene in Workhorse’s lawsuit against the U.S. Postal Service.