The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight the lack of standards among truck-parking notification systems, changes at the top at Lordstown Motors and more.
The High Five
1. An array of technologies and applications used by truck drivers at the state level to locate and reserve parking spaces highlights the need for a standardized truck-parking information framework across the country, according to a new study. John Gallagher from Washington
2. Nikola Corp. will sell up to $300 million in new shares to investment banker Tumim Stone Capital, bypassing a public offering for new money to keep electric truck and hydrogen fueling station production on track. Alan Adler from Detroit
3. Air Canada announced the initial routes it plans to operate this fall when its first pure freighter converted from a passenger aircraft enters service. The news is the outcome of a major strategic decision to more aggressively pursue cargo business with dedicated aircraft. Eric Kulisch with more
4. The top two executives at Lordstown Motors Corp. are out following an internal investigation that found some truth to short seller Hindenburg Research’s allegations of phony preorders for the company’s planned commercial electric pickup trucks. Alan Adler’s report
5. Refraction AI, a last-mile delivery platform and robotics company launched in Ann Arbor, Michigan, has expanded to deliver food in Austin, Texas. “Austin has many neighborhoods which are really well suited for last-mile delivery automation, especially in the restaurant and retail space,” said CEO Luke Schneider. Grace Sharkey’s story
Five more to check out
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