TC: Embark Trucks lays off workers, explores liquidation of self-driving truck assets
TechCrunch reports: Embark Trucks, the autonomous trucking company that went public in 2021 via a merger with a ...
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By Alex Lennane
Oh dear. They seem to be dropping like flies. Hot on the heels of the announcement that Evergreen Intl Airlines will cease to exist from the end of the month, comes the news that Global Aviation Holdings, parent of World Airways and North American Airlines, has filed for Chapter 11 bankruptcy protection – a state it only emerged from in February. As US military spending continues to drop, it begs the question – who is next?
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