Nikola Corp. founder and former chairman Trevor Milton raised about $77 million selling shares in the electric truck manufacturer, days after pleading not guilty to charges he misled investors to hype the stock.
August 9, 2021Search
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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..
Infrastructure Bill Moves Closer to Senate Passage After Delays
The U.S. Senate moved closer to passing a $550 billion infrastructure package after a drawn-out debate that pushed action into this week and left the status of several proposed changes unsettled.
August 9, 2021Trevor Milton Hires Lawyers Who Defended Elon Musk
Trevor Milton has more in common with Elon Musk than starting a prominent electric vehicle company named after inventor Nikola Tesla. He’s now hired the same lawyers to defend him.
August 6, 2021EPA to Update NOx, Greenhouse Gas Emissions Standards
The Environmental Protection Agency on Aug. 5 announced plans to reduce greenhouse gas emissions and other harmful air pollutants from heavy-duty trucks in a series of major rulemakings over the next three years.
August 6, 2021Senators Struggle to Amend, Finish Infrastructure Bill
WASHINGTON — Nearing decision time, senators were struggling to wrap up work on the bipartisan infrastructure plan despite hopes to expedite consideration and voting on the nearly $1 trillion proposal.
August 6, 2021US Added 943,000 Jobs in July
WASHINGTON — Hiring surged in July as American employers added 943,000 jobs. The unemployment rate dropped to 5.4% as the U.S. economy continues to bounce back from last year’s coronavirus shutdown.
August 6, 2021Digital Series Spotlights TT Magazines in Debut Episodes
Transport Topics has launched a digital event series that spotlights its supplemental publications, and featured its new Calibrate equipment-focused magazine and redesigned iTECH technology publication in its debut episodes.
August 5, 2021Senate Debates $1 Trillion Infrastructure Bill
Legislation meant to upgrade and modernize the country’s freight networks, drinking water system and railroads garnered a mostly bipartisan reception during its ongoing consideration this month in the U.S. Senate.
August 5, 2021ATA Legal Forum Offers Strategies to Counter Lawsuit Abuses
From the rise in multimillion dollar “nuclear” jury verdicts against motor carriers to federal and state efforts to redraw the industry’s independent contractor business model, these are pressing times for lawyers that represent trucking companies.
August 5, 2021Sen. Young Champions Trucking Workforce Provision in Infrastructure Bill
WASHINGTON — The main sponsor of a program to pave the way for commercial driver license holders under 21 to operate commercial motor vehicles in interstate commerce expressed optimism about his proposal’s chances of passing in the U.S. Senate.
August 5, 2021