Indicted Trevor Milton, the founder of Nikola Corp., believes the electric truck manufacturer is violating his constitutional rights. Nikola is requesting a protective order to prevent his lawyers from exploiting discussions between the company counsel and employees in his impending trial. "With his liberty at stake, Mr. Milton has the...
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Texas ports announce record container and crude oil volumes.
In June, ports in Houston and Corpus Christi, Texas, set records for shipments of oil drilling products and automobiles, as well as increases in crude oil and refined product exports. In June, Port Houston set a TEU record. Port Houston set a monthly container volume record for the second month...
Covenant anticipates transitory challenges and sees 2023 as a “breakout year.”
According to Covenant Logistics Group, the freight industry has been up and down in recent months due to inflationary pressures and declining freight demand, but the company remains positive about its future. During the results call, Covenant chairman and CEO David R. Parker stated, "We're going to get a [return...