San Diego-based TuSimple Holdings continues to wind down its operations in the U.S.
It recently announced another round of layoffs, reducing its employment in the U.S. by 150 employees, or about 75% of its workforce. TuSimple laid off 350 workers last December and cut more workers in May. Those remaining employees will wind down the company's operations.
The latest job cuts were included in a filing Monday with the Securities and Exchange Commission.
The company said it is focusing its efforts on Asian markets.
TuSimple was founded in 2015.
Driver of the Year nominations close Friday
The deadline to nominate a driver for the Truckload Carriers Association's Professional Driver of the Year contest is Friday, Dec.8.
TCA said it is asking members to help recognize drivers who have made an impact on the trucking industry and in their communities and companies over the past year.
The awards program, revamped last year with increased cash prizes, celebrates five drivers with a prize of $20,000 per driver and recognition at TCA events and publications throughout the year. The contest is sponsored by Cummins, Inc. and Love's Travel Stops,
Nominees are expected to show a commitment to safety, demonstrate leadership on and off the road, and contribute meaningfully to the success of their companies or the industry. Drivers must be nominated and employed by a TCA carrier member.
Nominations may be made online.
ICYMI
130 of Yellow's properties fetch $1.9 billion; former competitors buy most
Sheetz has free truck parking at new stores in North Carolina, Virginia
Driver Poll: Are you planning to switch jobs in the new year ahead?