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...
...Zuboff cites data that, in the US, which has no federal privacy law, people have their location exposed 747 times a day. In the EU, which she says has the “best regulation”, it’s 376....
...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....
...The S&P 500 closed down 0.12 per cent to 2.747.98, the first time this year it has closed with a loss....
...On Wall Street, the S&P 500 closed 0.1 per cent lower at 2,747 while the Dow Jones Industrial Average rose 0.5 per cent and the Nasdaq Composite shed 0.2 per cent....
...In New York, the S&P 500 ended 0.2 per cent higher at a record closing high of 2,747 on Monday after touching an all-time intraday peak of 2,748.51 earlier in the session....
...Could it be that Schumacher was wrong, and that we need industrial-scale farming and long-distance trucking to feed everyone?...
...17,515 Nasdaq down -87.70 (-1.75%) at 4,910 European markets Eurofirst 300 up +1.34 (+0.09%) at 1,478 FTSE100 up +58.49 (+0.91%) at 6,491 CAC 40 up +34.38 (+0.75%) at 4,639 Dax up +70.52 (+0.66%) at 10,747...
...You could fly a 747 in; it’s the same nuggets, same price,” says one food industry veteran. Other products are harder to substitute: “The thighs are tougher to replace....
...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...
...TNT Express had acquired four 747s to serve its Europe-Asia routes and boasted of being the first international express company with direct flights to the new industrial hub of Chongqing....
...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....
...The aeroplane maker was hurt as development costs from its 787 and 747 aircraft programmes more than offset revenue growth at its commercial aeroplanes and defence systems divisions....
...On April 14, trucking operator Western Express did the same....
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