Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle.
August 3, 2020Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Brake Suppliers Invest in Sensing Technology
Integrating braking systems with sensors and telematics can enable more timely maintenance, reduce unplanned downtime and optimize component life while supporting “brake health.”
August 3, 2020Electric Car Startup Fisker Misses Deadline for Supply Deal With VW
Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.
July 31, 2020GM to Build Nationwide EV Charging Network
General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure.
July 31, 2020Amazon Plows Through Pandemic With Record Profit
Amazon .com Inc. justified its big investments to keep operating through the COVID-19 pandemic with sales growth and a record profit that far exceeded analysts’ estimates, showing that staying open when so many businesses were forced to close was a rare opportunity.
July 31, 2020Tech Leads Stock Rebound From Lows Amid Earnings
Stocks pared losses as a rally in big technology companies tempered concern over a slow economic rebound. After the close of regular trading, Apple Inc., Amazon .com Inc., Alphabet Inc. and Facebook Inc. jumped as results crushed Wall Street estimates.
July 30, 2020Nikola’s Trevor Milton Says Future of Trucking Is Hydrogen-Based
Nikola Corp. founder and Executive Chairman Trevor Milton believes the hydrogen fuel cell technology that powers his company’s trucks can place Nikola at the forefront of global efforts to toughen clean-air rules while also providing a truck that meets the needs of commercial fleets.
July 30, 2020GM Prodded to Catch Electric-Car Zeitgeist With Name Change
General Motors Co. has weathered depressions, wars and pandemics under its century-old name, but the coming shift to battery-powered vehicles may be an opportunity to rethink its generic-sounding corporate moniker in favor of something avant-garde.
July 30, 2020FBI Warns Truckers That Hackers Could Target ELD Data
The FBI issued a cautionary notice warning truckers that cyber criminals could target electronic logging device vulnerabilities as a means of seizing business information, but industry experts note that hackers have as yet not found a way to crack into ELD data.
July 30, 2020Wabash, eNow Unite to Produce Zero-Emission Trailer
Wabash National Corp. announced an exclusive agreement with eNow for its solar technology as the companies prepare to sell what they called the most eco-friendly refrigerated haul available on the market.
July 29, 2020