With about 50 million shares, Trevor Milton remains Nikola's largest individual shareholder. (Victor J. Blue/Bloomberg News) Nikola Corp. founder Trevor Milton called for leadership change at the electric truck maker and urged shareholders to vote against upcoming company-backed proposals in his first social media posts in years. Milton, who was convicted of securities fraud last ...more
The two buildings comprising Amazon's second headquarters, HQ2, are seen after a grand opening ceremony June 15. (Jacquelyn Martin/Associated Press) ARLINGTON, Va. — Amazon unveiled the first phase of its new headquarters complex in Virginia June 15, a pair of gleaming, amenity-packed office towers that its leaders hope will persuade employees accustomed to working from ...more
Julie Su speaks during a recent hearing in Washington. (Eric Lee/Bloomberg News) Nearly two months after a committee approved Acting Labor Secretary Julie Su’s nomination to lead the department, Democratic leaders in the Senate have yet to schedule a floor vote. As Su’s nomination to become the next Secretary of Labor remains absent from the ...more
Top-ranked Covenant has a deal with Nikola for 50 zero-emission vehicles. (CovenantLogistics.com) Trucking and logistics companies with a focus on intermodal operations have been leading on environmental, social and corporate governance scoring in the transportation space. ESG is a corporate governance framework for considering environmental and social issues. It is designed to be included into ...more
An inspector checks the brakes on a truck. (Commercial Vehicle Safety Alliance via Twitter) Inspectors will focus on brake linings and pad violations at this summer’s Brake Safety Week, scheduled for Aug. 20-26. During the special enforcement effort, commercial motor vehicle inspectors will highlight the importance of brake systems by conducting inspections of their components ...more
The Pennsylvania Department of Transportation is livestreaming the process of rebuilding Interstate 95. Live footage of the demolition, and eventually the repair, of the portion of I-95 can be seen on the PennDOT website. 2,700 people were watching the stream at 2 p.m. on Thursday as crews worked to demolish the damaged overpass.Check out the ...more
A Florida sheriff shared video of the wild moment that a “mystery” trucker tackled a fleeing suspect in order to help police end a pursuit. On June 15, the Martin County Sheriff’s Office (MCSO) shared a video titled “FLEEING SUSPECT LEARNS THE HARD WAY ABOUT THE HEART OF A TRUCK, AND THE SKILLS OF ITS ...more
A woman was killed by a large piece of metal debris on the same highway that collapsed earlier this week. The 33-year-old Philadelphia woman died on Monday evening, June 12th on Interstate 95 near mile marker 20, about 10 miles south of the I-95 overpass collapse. According to CBS News, Caramia Panichelli was in her car ...more
Police are investigating a double fatality crash that occurred near the Louisiana-Mississippi state line on Wednesday. The crash occurred around 2 a.m. on June 14 in Hancock County, Mississippi.Brothers from South Carolina Oleg Tarasevich, 29, and Yakov Tarasevich, 24, were hauling a load of five passenger vehicles west on I-10 at mile marker 2 when ...more
The truck driver and trucking company involved in the accident that collapsed a portion of Interstate 95 in Philadelphia earlier this week were operating under all proper authorities, the National Transportation Safety Board announced on Wednesday. Truck driver Nathan Moody’s death was ruled an accident due to “blunt trauma of the head, inhalation and thermal ...more
