Transport Topics (March 7, 2023)

Published: March 7, 2023, 6 a.m.

b'Autonomous trucking company Embark Trucks announced March 3 it is winding down operations and is exploring a liquidation or sale. Embark said it is laying off 70% of its workforce \\u2014 230 employees \\u2014 and is closing offices in Houston and San Francisco. It also indicated to the remaining 30% of the staff that they are being kept on to facilitate the company\\u2019s shutdown. Embark has had a rocky history lately. The next step may be a liquidation, and the company is actively looking for a buyer.\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'