Hydrogen-electric fuel truck manufacturer Nikola Corp. said it took a $125 million charge in the third quarter as it expects to use that money as part of a possible negotiated settlement with the U.S. Securities and Exchange Commission concerning allegations the company’s founder, Trevor Milton, defrauded investors.
November 4, 2021Search
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Freight Stakeholders Seek Supply Chain Action From Biden
WASHINGTON — American Trucking Associations joined nearly 100 freight stakeholders in calling on President Joe Biden to amplify his administration’s response to ongoing supply chain woes nationwide.
November 3, 2021FMCSA: Sunset of 3G Networks Could Impact ELD Tech Specifications
Federal trucking regulators are warning truckers that mobile carriers are shutting down their 3G networks as early as next year to make room for more advanced network services, including 5G.
November 3, 2021Cyber Official Warns ‘American Way of Life’ at Risk From Hackers
A top U.S. cybersecurity official offered a dire warning to members of Congress Nov. 3, saying the “American way of life” faces serious risks amid the drumbeat of ransomware attacks and physical threats to the nation’s critical infrastructure.
November 3, 2021Fifty Years in Idle Time Seen for Trucks at Two Major US Ports
Trucking trips originating around the country’s busiest ports are showing massive increases in idle time, another sign of the supply chain logjams plaguing American transport hubs.
November 3, 2021CMA CGM Near Deal to Buy California Terminal Operator
CMA CGM SA, one of the world’s largest shipping companies, agreed to buy Fenix Marine Services, which operates a container terminal in the Port of Los Angeles, in a deal with an enterprise value of $2.3 billion.
November 3, 2021Perspective: It’s Time to Tell Our Stories
Being part of an association is about getting involved, and one of the easiest ways to get involved with a group is to tell your story. I think about that because the story of my journey to becoming chairman of American Trucking Associations isn’t all that different from most of your stories.
November 2, 2021US Says Oil, Gas Sales Damage Climate — But Won’t Stop Them
The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S. West, despite the Interior Department’s conclusion that doing so could cost society billions of dollars in climate change impacts.
November 2, 2021AASHTO Pushes US House Vote on Highway Bill
Congressional approval of a multiyear highway policy measure would enhance state transportation agencies’ ability to plan long term for infrastructure projects. That is the message from the organization representing the country’s departments of transportation.
November 2, 2021House Transportation Panel Approves FEMA Recovery Bills
Two bills designed to facilitate recovery efforts for communities and commercial corridors hard-hit by natural disasters were recently approved by the transportation committee in the U.S. House of Representatives.
November 1, 2021