Nikola Administrators Plan Final Asset Sale — the IP
Nikola's Phoenix headquarters were bought by EV maker Lucid in April. (Nikola Corp.) Bankrupt Class 8 hydrogen fuel cell tractor manufacturer Nikola’s administrators are finalizing plans for the sale of what are expected to be the last assets to go under the hammer: the intellectual property. Judge Thomas Horan on ...more
UPS, Teamsters Agree to Resume Talks
“We are prepared to increase our industry-leading pay and benefits," UPS said in a statement. (Paul Frangipane/Bloomberg News) UPS Inc. ...more
Nevada to Build Truck Parking Areas Along Northern I-80
Interstate 80 is a critical east-west trade route connecting Nevada with California that often experiences closures due to bad weather. ...more
Canada Dockworkers Reject Deal, Plan to Go Back on Strike
Workers walk the picket line at the Neptune Terminal at the Port of Vancouver on July 5. (Jimmy Jeong/Bloomberg) A ...more
June Medium-Duty Truck Sales Increase 22.7%
International eMV Series battery-electric medium-duty truck. (Navistar) U.S. medium-duty truck retail sales increased 22.7% in June compared with the year-ago ...more
Volvo Group Q2 Profit Nudges Higher, Margin Improves
A Volvo truck on the production line at the New River Valley plant in Virginia. Volvo reported global revenue in ...more
Michigan Plans Fast-Charging EV Hub for Trucks on I-96
A Freightliner EV being charged. (Daimler Truck North America) Michigan is joining California and other states in reimagining tomorrow’s truck ...more