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Lordstown Motors Reveals Cash Crisis

Lordstown Motors Inc., an electric-vehicle startup that recently went public, said it may not have the cash to get its debut pickup truck to market — and might not last as a company in the next 12 months if it can’t raise more capital.

June 8, 2021

Walmart, Target Unveil Own Versions of Amazon Prime Day

Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.

June 8, 2021

Automakers Face a Threat to EV Sales: Slow Charging Times

DETROIT — If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B.

June 8, 2021

Tesla Heavy Trucking Exec Jerome Guillen Departs

Tesla Inc. has parted ways with Jerome Guillen, a 10-year veteran who most recently served as president of heavy trucking and was one of four top executives running the company, including Chief Executive Officer Elon Musk.

June 7, 2021

US Recovers Millions in Ransom From Colonial Pipeline Hackers

The U.S. recovered almost all the bitcoin ransom paid to the perpetrators of the cyberattack on Colonial Pipeline Co. in May in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation’s borders.

June 7, 2021

J.B. Hunt Boosts Supply Chain Inclusivity With $1 Million Scholarship Fund

J.B. Hunt Transport Services and the University of Arkansas jointly endowed a $1 million scholarship fund June 2 to advance supply chain sustainability and inclusivity.

June 7, 2021

Bosch Opens Chip Factory to Help Relieve Global Shortage

Robert Bosch GmbH opened a 1 billion euro ($1.2 billion) semiconductor chip factory that gradually should help alleviate supply constraints and herald broader efforts to make Europe less dependent on imports from Asia or the U.S.

June 7, 2021

How Reimagining Your Full-Service Lease Can Save You Millions

Separating a FSL can save between 15%-25% in operating cash. Why give away cash that you will never get back? Scrutinizing every detail of your fleet’s lease structure is key. This report takes a close look at further FSL limitations. Download now! 

October 1, 2021

ChargePoint CEO Sees Electric Pickups Winning Over Americans

The largest vehicle charging network in the U.S. is counting on electric pickup trucks to finally win over American drivers for EVs.

June 4, 2021

Detroit Adds New Features to Suite of Safety Systems

Detroit announced it added new features to its Detroit Assurance suite of safety systems for the Freightliner Cascadia and Western Star 49X models spec’d with a Detroit powertrain.

June 4, 2021