Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out
Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.
June 9, 2020Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Tesla Hails Air-Quality Effects of Shutdowns Elon Musk Called ‘Fascist’
Tesla Inc. said the drop in pollution during coronavirus-related shutdowns could embolden governments that already have been making plans to eventually ban vehicles that run on fossil fuels.
June 8, 2020Nikola Stock Surges 104% on Third Day of Trading
Shares of Nikola Motor Co. surged 104% to a record in its third day of trading on the Nasdaq after a merger with VectoIQ Acquisition Corp.
June 8, 2020Daimler Truck Coordinates Fuel Cell Activities With New Company
Daimler Truck AG has established Daimler Truck Fuel Cell GmbH & Co., the organizational and legal framework intended to bring together all of the group’s fuel cell activities.
June 8, 2020Getting Back to Work: New Fleet Strategies
Leading fleets are finding this 15-minute PM is saving repair costs and cutting down time. The technology is proving to be the solution to increase uptime, lower repair and PM costs, and end aftertreatment problems, providing quick ROI.
June 8, 2020DOT Finalizes Transportation Self-Governance Program for Tribes
The U.S. Department of Transportation has issued a final rule to create the Tribal Transportation Self-Governance Program.
June 5, 2020Daimler Marks Milestone as Sprinter Turns 25
Daimler AG celebrated a 25-year milestone for its Mercedes-Benz Sprinter model, which began production in 1995, and whose roots go back 40 years to the company’s initial array of small cargo vehicles in various shapes.
June 5, 2020McLeod, Vector Partner to Expedite Fleet, Billing Operations
Vector and McLeod Software have formed a partnership to accelerate fleet and billing operations for truck drivers and back office teams.
June 5, 2020GM to Build All-Electric Work Van; Production Set for Late 2021
General Motors Co. will build another all-electric vehicle at its Detroit-Hamtramck plant as it sticks to its goal for an all-electric future.
June 4, 2020Study: Autonomous Vehicles Won’t Make Roads Completely Safe
A new study says that while autonomous vehicle technology has great promise to reduce crashes, it may not be able to prevent all mishaps caused by human error.
June 4, 2020