Stock

Nikola founder Trevor Milton bought 3 million shares of electric truck company stock weeks before his criminal trial is to start.

More than a year from producing heavy-duty electric trucks, newly public Nikola reported an $86.6 million second-quarter operating loss.

Workhorse Group secured $25M in funding to help finalize development of its NGEN electric delivery vehicle.

The first week of 2019 saw three of America’s largest companies announce revenue expectation reductions, signaling a potential cooling of the U.S. shipping market.

Flatbed hauler Daseke has decided to put some stock in its employees – literally. The publicly held company announced it will set aside 1 million shares of common stock with a current value of $9.9 million for employees. Also, a list of the world’s largest transportation companies and news on a lawsuit involving Swift. 

Schneider National Inc. is the first transportation provider to issues shares in an initial public offering since 2010, according to data compiled by Dealogic. But, will it be the last? The time may be ripe for more companies to dip their toes in the water.