Electrifying in-bound logistics continues to expand globally

Volvo Trucks North America started using zero-emission electric trucks for in-bound logistics in 2021. It told fleets that to qualify to bring parts to Volvo plants, they would need VNR Electric trucks.

Freight forwarders complied. Watsontown Trucking Co. and Camrett Logistics ordered Class 8 VNR Electric trucks in October 2021. They began round trips to NRV in December of that year. Ryder System Inc. likewise leased seven VNR Electric trucks to transport pallets of components for heavy-duty...

https://www.freightwaves.com/news/electrifying-in-bound-logistics-continues-to-expand-globally

Workhorse on the bubble, or is it worse?

Less than three months after my generally upbeat visit to Workhorse Group’s refurbished plant near the Ohio-Indiana border, the electric truck maker’s situation appears dire.

Layoffs and furloughs

Workhorse has laid off 20% of its workforce. Much of the rest is on unpaid furlough and could be called back to work. 

The company is choked with inventory. It has less than $7 million in cash on the books and accounts payable for more than twice that amount. At a projected burn rate less than Q1’s $5.5...

https://www.freightwaves.com/news/workhorse-on-the-bubble-or-is-it-worse

Tesla to trucking industry: Step up your electric game

LAS VEGAS — The Advanced Clean Truck Expo is a come-all event. Until this year, Tesla has passed on attending.

The ACT Expo has outgrown the art deco charm of Long Beach and the “Disney-fied” atmosphere of Anaheim, California. This year, it moved to convention mecca with exhibitors filling the North Hall of the sprawling Las Vegas Convention Center. It returns to Anaheim in 2025, occupying both halls of the convention center in 2025.

Dozens of battery electric, fuel-cell electric and alternative...

https://www.freightwaves.com/news/tesla-to-trucking-industry-step-up-your-electric-game