Nikola Corp. will cut 270 jobs, including 120 in the United States, as the beleaguered truck maker seeks to slash cash outflows, the Phoenix-based company said.

U.S. trailer orders more than halved in May compared with a year ago to an estimated 9,100 units, according to data released by ACT Research.

Electrification of longhaul trucking in the U.S., and globally, will require power-grid operators and regulators to change their planning processes.

Diesel prices nudged slightly lower, dipping three-tenths of a cent to a national average of $3.794 a gallon, according to Energy Information Administration data released June 12.

American Trucking Associations is carrying out a safety spending survey and is seeking participants, it said.

Nikola’s bid to issue more shares and obtain enough funding needed for its Class 8 hydrogen fuel cell truck ambitions is on hold for another month, it said June 7.

Hinton Transportation Investments Inc. (HTI) acquired Chicago-based U.S. Trailer Parts & Supply Inc., a distributor of heavy-duty trailer parts, it said June 6.

Saddle Creek Logistics Services plans to expand its warehousing and fulfillment operations in four markets, the Lakeland, Fla.-based third-party logistics provider said.

Diesel prices fell by a nationwide average of 5.8 cents to $3.797 a gallon, according to Energy Information Administration data released June 5.

The Trucking Cares Foundation donated $25,000 to Virginia Task Force 1, a leading disaster response team, American Trucking Associations’ charitable arm said June 2.