Hints and tips:
...Additionally, it is the Company’s belief that the director nominees lack the expertise or knowledge needed to navigate the complexities of a zero-emissions trucking and energy infrastructure business....
...Nikola said its current board “comprises a diverse group of reputable, leading experts in their respective fields — from trucking to start-ups to technology to energy, as well as customer service — all integral...
...If the costs do not come down enough, then solid-state batteries could end up being limited to luxury cars or trucking....
...However, the holy grail for Toyota is the trucking sector. “We think that hydrogen holds out more promise than electric batteries for big vehicles,” Gill Pratt, a top Toyota executive, told me....
...Here is Shelley Simpson, president of the trucking company JB Hunt, commenting on a 7 per cent year over year decline in revenue in the first quarter: We’re in a challenging freight environment where there...
...Railroads are obliged by law to transport all freight, including hazardous goods, and the US Department of Transportation considers rail a safer option to move chemicals than highway trucking....
...Trevor Milton and his electric vehicle start-up Nikola became Spac darlings in 2020 with his plan to transform the trucking industry. Then it all came crashing down....
...Rick Mihelic, director of emerging technologies at the North American Council for Freight Efficiency, said the vehicle would work for trucking companies that routinely carried lighter loads, such as snack...
...In a striking piece of research, Bank of America transport analyst Ken Hoexter downgraded a raft of trucking, rail, and delivery companies in response to lower demand and weaker pricing....
...Luck was only part of the FedEx story, as it became the first US company to hit $1bn in revenues in its first decade without mergers or acquisitions, then expanded into trucking and internationally....
...It has made a number of deals, including an agreement to supply 100 semi trucks to PGT Trucking. Nothing, however, comes close to the General Motors deal....
...Backlogs at factories, ports and trucking dispatches have been wreaking havoc on supply chains since the end of last year when consumer demand rebounded from the depths of the pandemic, dramatically outstripping...
...Instead, GPI president Scott DeFife said the problems stemmed from “excessive demand” that has put strains on the entire supply chain, from trucking capacity to warehouse space....
...The Biden administration has been pushing rail freight companies, trucking groups and ports to increase their own capacity to meet rising demand....
...“I could not do this on my own because Iveco, in heavy duty trucking, is the second-smallest truck [manufacturer]....
...The shipping and trucking sectors, for example, need to go green but cannot rely wholly on batteries due to their relatively heavy weight....
...a more traditional trucking firm; airport services group Macquarie Infrastructure; and air freight and logistics company Forward Air Corp....
...Though the company has yet to generate revenue, Nikola went public in June with a plan to revolutionise the trucking industry....
...A 2018 patent infringement lawsuit filed by Nikola claims that: “from childhood, Trevor Milton wanted to revolutionise the trucking industry”....
...Under the terms of the MOU, Nikola and GM will work together to integrate GM’s Hydrotec fuel-cell technology into Nikola’s Class 7 and Class 8 zero-emission semi-trucks for the medium- and long-haul trucking...
...The founder of the hydrogen trucking start-up Nikola stepped aside at the start of the week, days after a report from a short-seller attacking the company....
...Nikola, which listed through a special purpose vehicle that avoids some of the scrutiny of a traditional initial public offering, has promised to “revolutionise” trucking and battery technology, though it...
...Nikola, which in June went public through a special-purpose acquisition vehicle that avoids some of the scrutiny of a traditional initial public offering, has promised to “revolutionise” trucking and battery...
...Over-promising about the current state of a consumer technology may help to generate excitement among customers, says an executive at a rival electric truck start-up, but in the hard-nosed trucking business...
...Greater internal separation of the cars, trucking and financial businesses paves the way for an eventual break-up....
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