Newsletters
🎣 Rise & Fall of Nikola
Nikola, the EV semi-truck maker once worth more than Ford, is now running out of cash. Can it survive?
Newsletters
🎣 Busted!
Feds uncover $200M smuggling scheme at LA ports. Plus: Marten & Heartland cautiously optimistic, Nikola shares take a nosedive, and electric truck sales stalled.
7 min read
Happy Hump Day. Federal authorities just uncovered a $200 million smuggling scheme at the Ports of Los Angeles and Long Beach, exposing how counterfeit goods and contraband slipped past U.S. customs. Eight arrests have been made, but the mastermind is still on the run.
Plus:
- 🌄 Marten & Heartland Cautiously Optimistic
- 📉 Nikola Shares Take a Nosedive
- 🚛 Electric Truck Sales Stalled
- & more...
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Newsletters
🎣 Rise & Fall of Nikola
Nikola, the EV semi-truck maker once worth more than Ford, is now running out of cash. Can it survive?
Newsletters
🎣 Fraud Claims Rock Freight Giant
Last month, Freight Essentials filed a RICO lawsuit against WWEX Group. Here is what you need to know about the allegations.
Newsletters
🎣 Tariff Showdown with Colombia
Plus: Kodiak Robotics completes 100 driverless deliveries, railroads face strikes and profit challenges, cargo theft hits record highs in 2024, and more.
Newsletters
🎣 FMCSA’s Damning Report
Plus: A shipper sues a Texas-based brokerage for negligence, Knight-Swift releases its Q4 earnings report, logistics companies ramp up investments in US-Mexico trade infrastructure, and more.