Delivery Startup DoorDash to Seek Up to $2.8 Billion in IPO
DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.
November 30, 2020Nikola, GM Sign New Scaled-Back MOU
Nikola Corp. and General Motors Co. announced a new nonbinding memorandum of understanding for a global supply agreement that would integrate GM’s Hydrotec fuel cell system for Nikola’s Classes 7-8 vehicles.
November 30, 2020The Rising Threat of Ransomware: How Trucking Can Fend Off Cyberattacks
No fleet manager or logistics worker ever wants to experience the sinking feeling that comes with seeing a message flash on their computer screen revealing they have become the victim of a ransomware attack.
November 30, 2020Curing Remote Workers’ Blues
Given the stubborn persistence of the coronavirus, many trucking and logistics companies have turned to collaborative “teams” software to ensure their managers and staff can work virtually for the foreseeable future.
November 30, 2020Can On-Demand Freight Really Work for Trucking?
In theory, the idea of an on-demand freight marketplace sounds great. In fact, there has been a big push and a great deal of investment made into automating freight brokerage or non-asset logistics.
November 30, 2020Trailer-Sharing Startup vHub Expands Marketplace
Digital trailer-sharing company vHub has been expanding its collaborative marketplace since introducing the service in the United States earlier this year.
November 30, 2020Cold Chain Adds Vaccine Distribution Facility
Cold Chain Technologies announced the opening of a new facility in Lebanon, Tenn., to support the needs for COVID-19 vaccine distribution.
November 30, 2020VW’s Traton to Build China Truck Factory in Expansion Push
Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.
November 25, 2020Strehl Announces Acquisition of Rocketail
Strehl purchased the assets of the semi-trailer tail-end drag reduction systems maker Rocketail, the company announced Nov. 23.
November 24, 2020Operational Cost of Trucking Down 9.3%, ATRI Finds
Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.
November 24, 2020