Carnage grows among transportation startups
Losers among transportation startups are rapidly being defined, It will take longer to determine the winners.
Losers among transportation startups are rapidly being defined, It will take longer to determine the winners.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
Veteran automotive executive Ed Hightower is trying to bring the Lordstown Endurance electric pickup truck to market despite myriad setbacks.
Lordstown Motors is sticking to planned production of the Endurance electric pickup truck in Q3, but a shortage of cash makes the plan uncertain.
Taiwan’s Foxconn would manufacture Lordstown Motors’ Endurance electric pickup truck under an agreement to buy the former GM assembly complex.
Lawmakers use Trump-era reforms in the infrastructure bill to attract Republican support.
Lordstown Motors Corp.’s top two executives are out following an internal investigation into allegations of phony preorders for electric pickup trucks.
Independent truck dispatchers are pushing back on potential regulatory changes that could restrict their services.
Oshkosh can make 100% battery-electric delivery trucks for the U.S. Postal Service, likely dashing Workhorse’s hopes of reigniting the competition.
Trucking groups OOIDA, WSTA and ATA condemn the violent attack on the U.S. Capitol, call for truckers to focus on policy, not politics.
Now-pardoned California Republican Duncan Hunter pleaded guilty to misusing campaign funds.
Former Louisiana trucker Alfred Bourgeois was put to death Friday, after the U.S. Supreme Court rejected a last-minute bid by his attorneys for clemency.
Workhorse Group shares plummet as Postal Service delays delivery truck contract to early 2021. Separately, a potential short seller claims the electric delivery truck maker is worth just 20% of its valuation.
Dispatch services are operating illegally as unlicensed brokers, TIA claims.
A StopTheTires2020 group plans to shut down because they oppose Biden’s “ban on fracking.”
The vote to complete a reverse merger for commercial electric pickup startup Lordstown Motors is set for Oct. 22 amid greater than run-of-the-mill business risks.
$13.6 billion included in package to keep Highway Trust Fund running.
Alaska and South Dakota received $6.9 million in grants from the Federal Railroad Administration for rail-related projects.
President Trump’s new measures are aimed at addressing steel import issues affecting American producers during the COVID-19 pandemic
A look at the latest campaign spending reports shows that those in the transportation industries are heavily supporting Democratic candidates, but Trump holds a big edge among companies and PACs.
The House voted in a rare Saturday session to pass legislation that would provide $25 billion in emergency funding to the U.S. Postal Service (USPS).
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexican auto production breaks out of a slump; Trump approves a new international rail bridge; a Mexican carrier acquires 25 new Scania trucks; and officers seize more than $2.4 million in cash at San Diego ports.
Startup electric truck maker Lordstown Motors takes trendy reverse merger route to public ownership, and a $1.6 billion valuation.
Trump opposed CARES Act loan in May unless agency raised rates it charged Amazon
Following Love’s Travel Centers’ edict requiring face coverings at its truck stops, NATSO and the American Trucking Associations followed suit.
$3.8 billion in U.S. trucking revenue at stake in U.S.-Mexico cross-border freight.
Lordstown Motors says first-year production of electric commercial pickup trucks is sold out – if the startup secures the $450 million it needs to retool a former General Motors car plant to make full-size pickups.
United States Transportation Alliance plans to keep pressure on lawmakers on issues affecting truckers.
FMCSA’s Mullen scheduled to meet with White House officials, according to source.
President’s options limited without sufficient evidence, according to former DOJ antitrust chief.
“Substantial” federal funding needed to maintain service, board chairman warns.
Selection from private sector feeds speculation of potential privatization of federal agency.
Trump says meeting with administration officials “will work out well.”
Business leaders argue the coronavirus pandemic has diverted resources needed to ensure a smooth transition from the previous North American Free Trade Agreement (NAFTA) to the United States-Mexico-Canada Agreement (USMCA).
Trump and Republicans at odds over using pandemic as bridge to transportation funding.
More funds for loans could help protect small and midsize carriers from layoffs.
DOT’s final rule could mean millions fewer zero-emissions electric vehicles sold.
Second Navy ship expected to arrive in New York on Monday to provide relief to hospitals overburdened with coronavirus patients.
Washington governor also asked Trump for hospital ship’s help during coronavirus pandemic.
Likelihood of economic recession could set stage for reauthorization in September.
Cybersecurity & Infrastructure Security Agency issues guidance on critical industries as millions of Americans ordered to stay home.
DMV flexibility, coronavirus testing among requests as potential for supply chain disruption grows.
“We’re a highly resilient industry even in the face of a potential pandemic,” Washington Trucking Associations official says even as intermodal carriers take hit from disruption of Chinese shipping to West Coast ports.
Executive order establishes national policy to safeguard positioning and navigation services.
Ships recently in China considered a “hazardous condition”
As a result of trade agreement signed at the White House on Wednesday, China has pledged to increase imports of American goods and services by at least $200 billion.
After adjusting for Lunar New Year distortions, the growth rate for Chinese exports to the U.S. in November was the lowest since January 1996.
After all the trade turmoil, many legacy supply chains may still be in “wait-and-see” mode.
Growth from last year’s front loading makes for tough comps, as trade war upsets seasonal patterns.
LNG export proposal immediately slammed by Democrat lawmakers.
The announcement by President Donald Trump not to increase tariffs on $250 billion in Chinese imports to the U.S. and boost U.S. agriculture exports did not address other structural issues.
CEO Chris Spear leading a behind-the-scenes approach to influencing White House.
As the United States-China trade war frightened stock markets on August 5 into their worst day of the year, some analysts said Mexico could find a silver lining in increased […]
The State, Treasury and Commerce departments are ramping up to implement an Aug. 1 executive order from President Donald Trump that imposes a second round of sanctions against Russia.
Ports are asking that Chinese-made container cranes be excluded from the list of products on which President Trump has threatened a 10 tariff.
The saga of the closed General Motors Lordstown plant continued with Vice President Mike Pence erroneously declaring that Workhorse Group Inc. had secured funding to buy the plant.
Tariffs and USMCA were among the topics discussed during Tuesday night’s presidential debate.
Amendment would hinder LNG export plans by New Fortress Energy
Mexico became the first country to ratify the United States-Mexico-Canada Agreement (USMCA) when its Senate approved it by a vote of 114 in favor to 4 against on June 19. […]
President Donald Trump said he has called off plans to impose tariffs on Mexico, tweeting on Friday night that the Mexican government has “agreed” to stem the flow of Central […]