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Government, Business
A rideshare car displays Lyft and Uber stickers in downtown Los Angeles. (Richard Vogel/Associated Press)
Group of Uber, Lyft Drivers Ask California Court to Scrap Ballot Measure
A rideshare car displays Lyft and Uber stickers in downtown Los Angeles. (Richard Vogel/Associated Press)
A group of ride-hail and delivery drivers are suing to invalidate the California ballot measure approved in November that declared them independent contractors, the latest volley in the state’s yearslong struggle over whether gig workers are employees.
January 12, 2021
Business, Logistics, Top 50
An employee sorts packages at a DHL Worldwide Express facility in Chicago. (Daniel Acker/Bloomberg News)
DHL Owner Deutsche Post Reaps Profit Boost as Virus Spurs Demand
An employee sorts packages at a DHL Worldwide Express facility in Chicago. (Daniel Acker/Bloomberg News)
Deutsche Post AG reported record earnings as its DHL express-delivery arm benefited from a surge in home shopping spurred by the coronavirus crisis.
January 12, 2021
Business, Safety, Top 50, Top 100
XPO Logistics Inc.
XPO Logistics Partners With Truckers Against Trafficking
XPO Logistics Inc.
XPO Logistics Inc. announced Jan. 11 that it has formed a partnership with Truckers Against Trafficking in an effort to combat the crime.
January 12, 2021
Business, Technology, Fuel
A Tesla Model S vehicle sits parked on a road near the company's Gigafactory building site in Germany in September 2020. (Alex Kraus/Bloomberg News)
Hunt for the Next Tesla Fuels Wave of EV Deals
A Tesla Model S vehicle sits parked on a road near the company's Gigafactory building site in Germany in September 2020. (Alex Kraus/Bloomberg News)
Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.
January 12, 2021
Business, Logistics, Top 50
Malcolm Wilson (XPO Logistics)
XPO Names Leadership Team for New Logistics Business
Malcolm Wilson (XPO Logistics)
XPO Logistics Inc. on Jan. 12 announced the senior leadership team for the upcoming spinoff of its logistics segment.
January 12, 2021
Business, Technology, Equipment, Fuel
A Hyliion heavy-duty truck on display at a past industry show. On Jan. 7, Hyliion reported it received about $142 million in cash proceeds after the exercise of public warrants for about 12.5 million shares, priced at $11.50, of common stock. (Hyliion)
Sherri Baker Joins Hyliion as Chief Financial Officer
A Hyliion heavy-duty truck on display at a past industry show. On Jan. 7, Hyliion reported it received about $142 million in cash proceeds after the exercise of public warrants for about 12.5 million shares, priced at $11.50, of common stock. (Hyliion)
Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer.
January 12, 2021
Business, Technology, Logistics
GM's BrightDrop EV600 electric van is already being tested with FedEx, representatives said. (General Motors via AP)
GM Announces New Electric Delivery Van, Electric Pallet
GM's BrightDrop EV600 electric van is already being tested with FedEx, representatives said. (General Motors via AP)
The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it.
January 12, 2021
Government, Business, Fuel, Logistics
The Theo T oil tanker sits docked at a facility in Corpus Christi, Texas, in December 2015. (Bloomberg News)
Exports Boosted US Shale Market, but Long-Term Demand Uncertain
The Theo T oil tanker sits docked at a facility in Corpus Christi, Texas, in December 2015. (Bloomberg News)
These past five years could very well go down as the best years that U.S. shale oil exporters will ever see.
January 12, 2021
Business, Technology, Fuel
The Van Hool CX45E electric coach, powered by a Proterra battery. (Van Hool)
Daimler Trucks-Backed Proterra to Go Public Through ArcLight SPAC
The Van Hool CX45E electric coach, powered by a Proterra battery. (Van Hool)
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.
January 12, 2021
Government, Business, Safety
A man wears a C-Pap machine. (no_limit_pictures/Getty Images)
Nearly 49% of CMV Drivers Could Be at Risk for Sleep Apnea, Study Says
A man wears a C-Pap machine. (no_limit_pictures/Getty Images)
A new obstructive sleep apnea study of 20,000 drivers using a more comprehensive screening evaluation method estimated that nearly 49% of commercial motor vehicle drivers could be at risk for obstructive sleep apnea, a condition that can cause sleepiness while driving.
January 12, 2021