Hints and tips:
...In a hearing last Wednesday, Yellow’s lawyer from Kirkland & Ellis, Patrick Nash, said the trucking group had fought against the inclusion of the $500mn loan roll-up provision....
...Here is Shelley Simpson, president of the trucking company JB Hunt, commenting on a 7 per cent year over year decline in revenue in the first quarter: We’re in a challenging freight environment where there...
...Of course, this is dragged up by outliers in the portfolio such as autonomous trucking play TuSimple (trading at 247 times). Still it’s eye-wateringly pricey....
...The trucking arm of the Mercedes-Benz owner sells half a million units a year, earning $40bn in revenue in 2019....
...Uber worked out a settlement with Waymo, the terms included that Uber “would never hire or work with Mr Levandowski again, which resulted in Uber also reneging on its promises to support Mr Levandowski’s trucking...
...Reinsurance for US trucking fleet liability risk has in some cases tripled in cost....
...Aurora is also heading in that direction, announcing on Monday that its “first commercial product will be in trucking”....
...The US Treasury department on Wednesday agreed a $700m bailout of trucking company YRC Worldwide....
...Shortly after he left the company in 2016, he co-founded Otto, an autonomous trucking company later acquired by Uber for a reported $680m....
...Mr Levandowski was one of the founders of Google's Waymo, but left to co-found Otto, an autonomous trucking company that was later acquired by Uber. Months afterwards....
...Mr Levandowski left Waymo in January 2016 to co-found Otto, an autonomous trucking company later acquired by Uber....
...AI and Torc Robotics, which want to aid long-haul trucking groups....
...Could it be that Schumacher was wrong, and that we need industrial-scale farming and long-distance trucking to feed everyone?...
...The news prompted analysts at Needham and Co to downgrade the stock to “hold” from “buy”. Three other banks also trimmed their price targets on the stock....
...Investec also poached analysts Ben Needham and Anna Farmbrough, both analysts, and Neil Finlay, a product specialist from Threadneedle....
...workers, careful attention to service, and lower maintenance expenses allows companies such as RA, Genesee & Wyoming, OmniTRAX and Watco, among the largest short-line holding companies, to compete against trucking...
...Mr Rajaratnam, 54, a Sri Lankan-born American, rose on Wall Street first as a semiconductor analyst at Needham before launching Galleon Group in 1997....
...He joined UBS as an associate analyst in February 2003, following airfreight, railroad, trucking, logistics and shipping stocks....
...The provider of trucking, freight and transportation logistics earned1 cent per share in the quarter compared with average analyst estimates of a loss of 16 cents per share....
...On April 14, trucking operator Western Express did the same....
...The trucking company's shares lost 10.9 per cent to $16.28. JB Hunt shares eased 1.7 per cent to $36.46 and Yellow Roadway edged up 0.9 per cent to $45.16....
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