Nikola clear to increase share count — thanks to Delaware rule change

Delaware Gov. John Carney has signed legislation that clears the way for Nikola Corp. to double its number of outstanding shares. That will enable the electric truck maker to sell shares to pay interest on debt and support the launch of its hydrogen-powered fuel cell trucks. The doubling of authorized shares from 800 million to…

Get down to basics to attract drivers

This fireside chat recap is from FreightWaves’ Enterprise Fleet Summit on Wednesday. FIRESIDE CHAT TOPIC: Attracting and retaining top talent: Understanding what drivers seek in a company  DETAILS: In a competitive market for drivers, using basic communication capabilities to make solo operators feel that they are being supported is critical, says Sadie Church, vice president…

SC Ports’ fiscal 2023 ‘a much more typical year’ following cargo boom

Container volumes at South Carolina Ports slipped by about 10% year over year when comparing fiscal year 2023 with 2022, but they were up by about 1% from 2021, the port authority reported. Fiscal 2022 volumes were fueled by pandemic spending, which in turn produced an “unprecedented cargo boom,” SC Ports said Tuesday. But fiscal…

Establishing health care network for truck drivers top priority

This fireside chat recap is from FreightWaves’ Enterprise Fleet Summit on Wednesday. FIRESIDE CHAT TOPIC: Driver health and how to make health care more accessible for truck drivers.  DETAILS: Access to health care has always been a challenge for truck drivers, who often skip critical medical appointments in order to move this country’s freight. Jeff…

FreightTech companies offer groundbreaking tech solutions

Some of today’s most innovative companies in the logistics and technology industries showed off their products during FreightWaves’ Enterprise Fleet Summit on Wednesday. Companies demonstrating their cutting-edge solutions included TTN Fleet Solutions, Voltera and MileMaker. TTN Fleet Solutions TTN Fleet Solutions helps customers achieve better business results with the company’s industry-leading vehicle maintenance and repair…