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Nikola Declares Bankruptcy, Will Sell Off Assets

The company said it plans to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code. A stalking horse bidder will be sought.

February 19, 2025

Trump Signals 25% Tariffs on Auto, Tech, Drug Imports

President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.

February 18, 2025

EPA Takes First Step to Block CARB Clean Trucks Rule

The EPA has taken a first step aimed at rescinding the Biden administration’s waivers granted for California’s Advanced Clean Trucks and Omnibus low nitrogen oxides rules.

February 18, 2025

Double Brokering Scams Continue to Target Trucking

Brokers make a distinction between co-brokering, done legitimately as a necessity in a fast-paced business environment, and double-brokering, often done by fraudsters.

February 21, 2025

Trucking Fights Back Against Fuel Card Skimming

Fuel card skimming has become an increasing threat to the financial security of truck fleets, but industry leaders have been making progress addressing the issue over the past year.

February 21, 2025

Toyota Aids LG Battery Plant With $1.5 Billion Order

Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.

February 18, 2025

Trucking Must Stay a Step Ahead in Battling Digital Theft

Several trucking companies have been hit by cybersecurity breaches in the past few years. Firms large and small are falling victim to the scams. Here's what can be done about it. 

February 17, 2025

ArcelorMittal to Build $1.2 Billion Alabama EV Steel Mill

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

February 14, 2025

Aurora’s Driverless Trucks Prep for April Milestone

Come April, Aurora Innovation plans to pull the backup human driver from behind the wheel of one of its trucks, signifying commercial deployment.

February 14, 2025

EPA Chief to Seek Return of $20B in Clean-Energy Grants

In a major reversal, EPA chief Lee Zeldin said he will try to rescind $20 billion in grants awarded by the Biden administration for climate and clean-energy projects.

February 14, 2025