Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.
Category: News
TFI’s Decision to Relocate to US Sparks Controversy
Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.
TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease
The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.
InCharge Energy, DLL Team Up on EV Charging Expansion
The companies announced the agreement Feb. 18, saying the goal is to lower financial barriers for organizations looking to transition to electric vehicles.
New Texas-Mexico Border Project to Improve Truck Processing
Customs and Border Protection has partnered with Texas on a $6.9 million construction project to more efficiently process trucks bringing in cargo from Mexico at the Los Indios crossing.
Congressional Leaders Negotiate Budgets
WASHINGTON — With a funding deadline fast approaching, congressional leaders have yet to debate a plan for averting a government shutdown next month.
Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk
The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.
ATRI Seeks Carrier Input on Hiring Across Demographics
Researchers at ATRI are asking motor carriers whether they’d be willing to hire truck drivers with prior criminal convictions.
C.H. Robinson CEO Strives for Impactful Changes
C.H. Robinson CEO Dave Bozeman moved to Minnesota in June 2023 and dug right in with a deep dive into the company and the community.
Autonomous Trucking Approaches Inflection Point
LAS VEGAS — After many years of development work, autonomous trucks are now on the cusp of commercial driverless operations on highways, in logistics yards and on private sites.