Embark Technology is set to be acquired by fellow autonomous vehicle software company Applied Intuition, the companies announced May 25.
May 26, 2023Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
FullStack Modular Moves to Connecticut From Brooklyn
Connecticut will be home to building manufacturer FullStack Modular as its headquarters moves from New York’s Brooklyn Navy Yard to Gateway Terminal at the Port of New Haven.
May 26, 2023Why a Down Freight Cycle Is Ideal for Tech Investment
Trucking and logistics firms have seen weak market conditions during the past year as spot freight demand has cooled, truck capacity has loosened and the macroecoÂnomic outlook is uncertain.
May 26, 2023Logistics Providers Work to Set Freight Scheduling Standards
Major logistics companies and technology providers have joined forces to alleviate a pain point hampering the industry — the making, keeping and adjusting of freight appointments.
May 26, 2023Trucking Technology Q&A: Melton’s Randy Rhines
Randy Rhines has managed information technology at flatbed carrier Melton Truck Lines since 1989, when the company was founded with 30 trucks.
May 26, 2023Key Inflation Measure Increases in April
WASHINGTON — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.
May 26, 2023Ford EV Owners to Get Access to Tesla Supercharger Network
DETROIT — All of Ford Motor Co.’s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring.
May 26, 2023Hyundai, LG to Build EV Battery Plant in Georgia
ATLANTA — Hyundai Motor Group and LG Energy Solution announced May 25 they will build a $4.3 billion electric battery plant as part of Hyundai’s new EV assembly plant in southeast Georgia.
May 26, 2023Nikola’s Plunging Stock Value Risks Nasdaq Delisting
Nikola Corp. tumbled May 25 after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange.
May 25, 2023Missouri Might Gain an East-West Interstate Highway
JEFFERSON CITY, Mo. — Missouri lawmakers approved $2.5 million to study the conversion of U.S. Route 36 into Interstate 72 between Hannibal in the east and St. Joseph in the west.
May 25, 2023Trending
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