General Motors Co. and Nikola Corp. on Sept. 8 announced a strategic partnership under which GM will build Nikola’s Badger pickup truck and also serve as a key supplier of fuel cell-electric technology for Nikola’s Class 7 and Class 8 trucks.
September 8, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Yandex, Uber to Spin Off Self-Driving Cars Into New Company
Yandex NV and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.
September 4, 2020COVID-19 Pushes Industry to Implement New Accounting, Bookkeeping Methods
COVID-19 has created challenges throughout the trucking industry, but it also has created opportunities, especially when it comes to fleets’ accounting processes.
September 8, 2020Musk Test-Drives VW Electric Car in Meeting With CEO Diess
Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.
September 4, 2020Tesla Rout Extends to Fourth Day, Longest Streak Since March
Tesla Inc. fell as much as 4.2% in early Sept. 4 trading, heading for its first four-day losing streak since pandemic fears were at their height in mid-March.
September 4, 2020Circle Logistics Begins Posting Loads on NextLOAD
Freight broker Circle Logistics has begun posting up to 600 available freight loads daily directly to NextLOAD.
September 4, 2020FMCSA Pilot Would Allow Younger Drivers in Interstate Commerce
The Federal Motor Carrier Safety Administration has announced a proposal and request for comment on a new pilot program to allow drivers ages 18-20 to operate commercial motor vehicles in interstate commerce.
September 4, 2020Tech Rout Sends Stock Market to Biggest Loss Since June
Wall Street’s euphoria took a break Sept. 3, as steep losses in technology stocks dragged the rest of the market down with them.
September 3, 2020DOT Releases National Freight Strategic Plan
U.S. Department of Transportation officials convened virtually to unveil the comprehensive National Freight Strategic Plan on Sept. 3.
September 3, 2020Tesla’s Three-Day Correction Approaches Bear Market
Tesla Inc. shares are now officially in correction territory, in a week that saw the electric-vehicle maker announce a share sale that could dilute its value and a top holder say it would cut its stake nearly in half.
September 3, 2020