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Nikola Announces ENGS to Finance Trucks, Dealer Activities

Nikola Corp. and ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, announced an agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles and Nikola Tre hydrogen fuel-cell electric vehicles.

March 30, 2022

FedEx Partners With Elroy Air to Test Pilotless Package Drone

FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.

March 30, 2022

Maersk Plans to Deploy 300 Electric Trucks in North America by 2025

A.P. Moller-Maersk is building out its electric heavy-duty truck fleet with two announcements involving Einride and BYD, and, separately, Volvo Trucks North America.

March 30, 2022

Trucking Companies Find Best Practices in Transportation Management Software

To optimize, automate. That’s the long-standing message from users and vendors when they talk about realizing a return on investment for transportation management systems (TMS).

March 29, 2022

Global Supply Lines Brace for Economic Storm to Widen

Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s COVID lockdowns, threatening slower growth and faster inflation across the global economy.

March 29, 2022

Tesla, Amazon Stock Splits Trigger Retail Stampede

Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.

March 29, 2022

Volta Stock Plunges After Founders Resign

Shares of Volta Inc. plunged to all-time lows after the electric vehicle charging company announced the abrupt departures of two of its top executives, both of them founders of the firm.

March 28, 2022

Tesla to Seek Approval for Another Stock Split

Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years.

March 28, 2022

IMC Welcomes Fields as Human Resources VP

IMC Cos. hired Sabrina Fields to fill the role of vice president of people strategies and human resources. Fields previously served in human resource leadership roles at International Flavors & Fragrances, Rich Products Corp. and J.R. Simplot.

March 25, 2022

Lytx Recognizes Winners in Driver, Coach Categories

Lytx announced the winners of its driver of the year and coach of the year awards last month.

March 25, 2022