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...At the start of the year it also settled a dispute over its $11bn takeover of Pilot Flying J, a truck stop chain....
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...local car services....
...That means fewer trucks and a smaller carbon footprint for retailers....
...Yellow is not reorganising but rather selling off its terminals, trucks and trailers. The gross proceeds collected may far exceed $2bn....
...These would service a long-standing deep seaport inside Kampot’s sleepy cow pasture and rice field-filled special economic zone....
...Tucked in Brooklyn’s edgy East Williamsburg neighbourhood there is now a Rivian service centre. Across town, the electric-truck maker has opened a high-end showroom in New York’s Meatpacking District....
...A version of this article was first published by Nikkei Asia on September 29. ©2023 Nikkei Inc. All rights reserved....
...The union is demanding universal pay rises, the end of the existing two-tier pay system, and the installation of air conditioning into trucks, among other things....
...New York-based Hindenburg first came to prominence in 2020 when it claimed truck start-up Nikola’s business was a fraud....
...Now read these Truck let-off: Trucks and coaches in the EU must cut their emissions by 90 per cent by 2040 under plans seen by the FT, a softer target than for cars....
...Something similar appears to be happening to the TV shows funded by major streaming services. Vice magazine notes that most Netflix shows are shot in a conventional, medium close up....
...has definitely made governments think harder and deeper about their industrial bases, their supply chains’ agility and resilience,” said Trevor Taylor, professional research fellow at the Royal United Services...
...About 85-90 per cent of all cars and light truck sales this year will still be ICE, but it is possible that this number falls to 50 per cent by 2030 and even 25 per cent by 2035....
...China’s leading freight hailer, NYSE-listed Full Truck Alliance, which was subjected to a data security probe similar to the one imposed on Didi, were down more than 6 per cent in early trading....
...That growth was driven by consumption, markedly in the services sector, and infrastructure spending....
...S&P Global Mobility predicts it will fall below 20 per cent by 2025 as other makers bring out electric trucks and cheaper models faster than Tesla can build new factories....
...A version of this article was first published by Nikkei Asia on January 24, 2023. ©2023 Nikkei Inc. All rights reserved....
...service....
...Julie Gehrki studied at Arkansas’s Clinton School of Public Service, thinking that a career in government or aid was her best chance of making “scale change” in the world....
...Shoppers have enjoyed a spectacular bounty for more than a decade — not only in the price and availability of everyday goods and services, but in an explosion of consumer technology and innovation....
...Chinese authorities opened a national security investigation into Didi just two days after the listing and forced domestic app stores to remove all of the group’s core services....
...“Importers don’t trust supply chains anymore,” explained Zvi Schreiber, chief executive of logistics booking service Freightos. “Retailers are not taking any risk....
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