Tesla Investors Lost $12 Billion After Musk Tweet, Experts Tell Jury
Tesla Inc. investors lost $12 billion over 10 days as a result of Elon Musk’s famous tweet in 2018 that he had “funding secured” to take the company private, a witness testified at a trial over the CEO’s liability.
Three Louisiana Women Sentenced in Staged Accident in New Orleans
Three southeastern Louisiana residents have been sentenced for their role in a 2017 staged accident in New Orleans with a tractor-trailer.
DTNA’s John O’Leary Says Infrastructure Challenges Slowing EV Expansion
LAS VEGAS – Daimler Truck North America CEO John O’Leary said charging infrastructure is the key issue limiting further expansion of electric vehicle growth in the trucking industry, and believes his company could be selling more EVs if infrastructure …
2023 State Truck Driving Championships Schedule
State competitions that determine who advances to the National Truck Driving Championships and National Step Van Driving Championships will kick off the first weekend in March. See the 2023 state-by-state schedule.
Love’s Partners With Daimler to Provide Freightliner Services
Love’s Travel Stops formed an exclusive strategic partnership with Daimler Truck North America to provide services for Freightliner vehicles, the companies announced Jan. 31.
FedEx Implementing Ranking System for Delivery Contractors
FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.
Amazon Illegally Resisted NYC Union Drive, Judge Says
Amazon violated federal labor law as part of its efforts to resist unionization at two facilities in New York City, a National Labor Relations Board judge ruled.
Economy Still Shows Signs of Slow, Steady Growth
Even with a stronger-than-expected 2.9% fourth quarter increase in gross domestic product, two prominent freight transportation economists say the threat of a recession will persist this year.
UPS Beats Q4 Expectations; Leadership Optimistic About Labor Negotiations
UPS Inc. announced it beat expectations for fourth-quarter adjusted profit, as it prioritized shipments of high-margin packages.
Self-Driving Semis at Center of California Regulatory Conflict
SACRAMENTO, Calif. — As California regulators explore new rules to put self-driving semitrucks on the road, labor unions are rushing to the state Legislature to ask for a new law they say will protect their jobs.