Hyliion spikes powertrain business and lays off 175 employees
Hyliion Holdings is throwing in the towel on its Hypertruck ERX natural gas-electric powertrain to focus on generator technology.
Hyliion Holdings is throwing in the towel on its Hypertruck ERX natural gas-electric powertrain to focus on generator technology.
Can Hyliion pivot to make stationary generators the base of its business as it decides whether to pursue the Hypertruck ERX?
Hyliion Holdings has enough cash and investments to run its business through 2024 without raising new capital.
Hyliion Holdings is teaming up with financially struggling Hyzon Motors to develop a hydrogen-powered fuel cell version of its hybrid truck.
Hyliion Holdings is buying generator technology from General Electric Co. that can make electricity from a variety of mixed fuels.
CtW Investment Group is asking DoorDash shareholders to vote against the reelection of co-founder Tony Xu to the board of directors, saying more oversight is needed.
Roundup comprises elections and selections by Atlas Air, Elemica, Georgia Ports Authority, Hapag-Lloyd, NCBFAA and VeriShip.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. US-Mexico cross-border trade faces hurdles; General Electric cuts 257 jobs at Texas plant; Laredo CBP seizes $1.6 million of meth hidden in tractor-trailers; Houston and Rotterdam ports launch PortXchange trial.
Traffic data tracked by Inrix is indicating much quicker commute times for those on the roads during rush hour as more workers stay home. Plus, J.B. Hunt to pay bonuses, GE cutting its workforce, and St. Christopher’s Truckers Relief Fund facing a critical time.
The U.S. Treasury Department’s Office of Foreign Assets Control said three GE subsidiaries failed to use “reasonable care” by accepting payments from a Cuban entity associated with a Canadian customer.
A new global study has found that transportation companies are embracing the Internet of Things (IoT), but many still lack a full understanding of how best to utilize the data.
This week in the Week in Trucking, we look at improving truck orders and optimism among carriers, why consumer GPS devices don’t work in trucking, GE’s approaching to training workers and how one carrier is finding success by offering its drivers video.