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....
...Its enterprise value of $62bn is similar to what Shell paid for BG Group. Orsted’s nearly 10GW of operating offshore wind capacity next year alone would add to Shell’s long-term plans by half....
...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?...
...Get in touch with the team: Due.Diligence@FT.com Buffett goes trucking Warren Buffett just did a classic Buffett deal....
...S&P said the move excludes the planned tie-up with BG Group. It plans to assess the rating of the combined entity by the end of June....
...all times CET): 08:00 German factory ordersTBA: Ratings decisions on: Austria, Ireland, Albania, BulgariaTBA: Romania interest rates decision Earnings (all times CET): 07:00 BNP Paribas07:20 Volvo08:00 BG...
...It was “highly likely” that some of the gains made by merger arbitrage traders in the Royal Dutch Shell takeover of BG Group had made its way into the Allergan deal, said one broker....
...times CET): 10:30 UK unemployment rate Earnings (all times CET): 08:00 Pets at Home trading update08:00 Genel Energy trading update08:00 JD Wetherspoon Christmas sales08:00 WH Smith Christmas sales08:00 BG...
...The resource-heavy FTSE 100 surrendered a 0.8 per cent gain, closing 0.2 per cent lower, led by declines for Royal Dutch Shell, BG and BP....
...Sir Robert Wilson, former chairman of BG Group, will chair the company. Jim Hackett, former chairman and chief executive of Anadarko Petroleum, will also sit on the board....
...Gains Emerging-market stocks rose, sending the benchmark index to a two-week high, after a gauge of Chinese manufacturing expanded and lower oil prices boosted shares from India to Turkey. http://bloom.bg...
...Weekly Advance in Asian Currencies on Fed Asian currencies rose this week, led by India’s rupee, on speculation the Federal Reserve will delay reducing stimulus amid a U.S. political impasse. http://bloom.bg...
...Oil and gas producers facing shortages can be forced to pay more for their water, or to use high-cost methods such as trucking it to the wells....
...A clutch of companies, including BHP Billiton and BG Group, wrote down their US shale gas assets last year, as the low price of American natural gas reduced the value of their reserves....
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