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...“We’ll never replace trucking — but this option of rail, air, ocean, truck brings different alternatives for the customers.”...
...The trucking arm of the Mercedes-Benz owner sells half a million units a year, earning $40bn in revenue in 2019....
...The adage certainly seems to be true for the private equity groups Silver Lake and Thoma Bravo....
...Job moves Germany’s Continental AG appointed company veteran Nikolai Setzer as its chief executive. He succeeds Elmar Degenhart, who resigned last month, citing health issues....
...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....
...The Telegraph Media Group, once one of the most profitable newspaper groups on Fleet Street, reported pre-tax profit of just £900,000 for 2018, compared to £3m for the Indy....
...The group will build on the team of 40 people already working for Centerview in London....
...Since 2000, no MLS side has even won the North American version of the Champions League, a continental club competition that has been dominated by sides from Mexico’s Liga MX....
...Thomas Vinje, legal counsel at FairSearch, a campaign group that has lobbied against Google in Europe, said Bing’s absence across continental Europe was “surprising and disconcerting”....
...JB Hunt Transport Services earned less than expected in the first quarter as higher wages continued to drag on the trucking group’s profits....
...For the Parisian lender, a merger with a continental rival would make a lot of sense, report the FT’s Stephen Morris and David Keohane....
...(FT) China’s Zijin Mining offers $1bn for Canada’s Continental Gold (FT) David Montgomery leads race to acquire JPI Media titles (FT) GEDI media group considers Agnelli approach (FT + Lex) US merger...
...Harry G Broadman is a partner and chair of the emerging markets practice at the Berkeley Research Group LLC, a global consultancy focused on international investment, and a member of the Johns Hopkins Faculty...
...That challenge is being solved by groups such as Pronto. AI and Torc Robotics, which want to aid long-haul trucking groups....
...The German group said late on Thursday it planned to sell shares in Traton, the trucking business that includes VW’s Man and Scania brands, at €27 to €33 each, giving it a valuation of between €13.5bn and...
...Jupiter had courted a wider range of clients, especially in continental Europe, as it sought to move away from a reliance on UK retail investors....
...Meanwhile, Irish Continental Group will boost freight capacity nearly 10-fold between Dublin and the French port of Cherbourg this summer when a new ferry comes into service....
...“Since launching in Texas, we have introduced Freight to all states in the continental US. We believe it will continue to grow as we use our network and technology to transform the trucking industry.”...
...Mr Bylin, who will be based in New York, previously served as a partner at Carlyle, the US-listed private equity group.After launching its first European-listed ETFs late last year, JPMAM is expanding its...
...Is United Continental finally shedding the baggage from its recent passenger flap?...
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