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Hydrogen power
Energy groups mount campaign against tough US clean hydrogen rules
...However, 95 per cent of US hydrogen is produced with natural gas in a process that creates large amounts of CO₂....
July 30, 2023
Unhedged
The loan with the 545% interest rate Premium content
...One paper in this area caught my eye recently, “Standardizing and Unbundling the Sub Rosa DIP Loan”, co-authored by researchers Kenneth Ayotte and Alex Huang of UC Berkeley School of Law....
August 29, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
The Big Read
How solid-state batteries could transform transport
...If the costs do not come down enough, then solid-state batteries could end up being limited to luxury cars or trucking....
October 27, 2023
Supply chains
US bank chiefs confident supply chain disruptions are ‘transitory’
...Backlogs at factories, ports and trucking dispatches have been wreaking havoc on supply chains since the end of last year when consumer demand rebounded from the depths of the pandemic, dramatically outstripping...
October 12, 2021
Andrew Hill
The risks and rewards of Elon Musk’s self-coronation
...In a less meme-worthy, but arguably more significant announcement earlier this month, Tesla also named the president of its automotive division to a new, conventionally titled role as “president, heavy trucking...
March 22, 2021
Anthony Levandowski
Ex-Google self-driving chief sentenced for stealing secrets
...Anthony Levandowski, co-founder of Google’s self-driving car project, has been sentenced to 18 months in prison for stealing trade secrets and allegedly using them to help build a rival driverless programme...
August 5, 2020
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Due Diligence
Missed payments: Blackstone and Schwarzman’s Golden Rule Premium content
...The US Treasury department on Wednesday agreed a $700m bailout of trucking company YRC Worldwide....
July 2, 2020
Anthony Levandowski
Uber’s former self-driving chief declares bankruptcy
...Shortly after he left the company in 2016, he co-founded Otto, an autonomous trucking company later acquired by Uber for a reported $680m....
March 5, 2020
Anthony Levandowski
Former top Uber engineer charged with stealing trade secrets
...Mr Levandowski left Waymo in January 2016 to co-found Otto, an autonomous trucking company later acquired by Uber....
August 27, 2019
News in-depthThe Big Read
Driverless car groups look past the engineering challenge
...AI and Torc Robotics, which want to aid long-haul trucking groups....
November 24, 2019
Uber IPO
Five things we learnt from Uber’s IPO prospectus
...vehicle miles and all public transportation miles in all countries globally” totalling 11.9tn miles ● Uber Eats: $2.8tn, the amount consumers spend at restaurants ● Freight: $3.8tn, the market for freight trucking...
April 12, 2019
Uber IPO
Uber aims to maintain heavy spending to keep rivals at bay
...Since taking over from ousted co-founder Travis Kalanick after a series of scandals in 2017, its chief executive Dara Khosrowshahi has set a new tone, pledging to “do the right thing” as he tries to reset...
April 12, 2019
Technology sector
Uber’s head of freight business to exit
...Lior Ron co-founded autonomous driving start-up Otto alongside fellow former Google employee Anthony Levandowski in January 2016....
March 28, 2018
News in-depthEuropean companies
Self-driving technology adds pressure on carmakers
...Co-operating with several people on several different products is good for us,” he said....
April 2, 2018
FT AlphavilleDan McCrum
Someone is wrong on the internet, road economics edition
...Insurance companies can sue trucking companies for crushing their customers, but how does the road owner bear a cost?...
February 16, 2018
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
US & Canadian companies
Court reveals Alphabet’s $1.1bn investment in self-driving cars
...Uber, the car-booking service, last year spent $680m to buy Otto, an autonomous trucking start-up. (This acquisition later became part of the alleged trade secrets theft lawsuit.)...
September 15, 2017
The Big ReadLucy Hornby
China’s HNA tries to navigate turbulent times
...Its $146bn in global assets range from airports to trucking companies, shipping groups and stakes in Deutsche Bank and the Hilton hotel chain....
January 28, 2018
Brooke Masters
Rush for self-driving tech risks dotcom detour
...Technology companies are also joining the party: Intel spent $15bn on Israel’s Mobileye, a maker of self-driving sensors and software, and Uber paid $680m for Otto, an autonomous trucking firm....
May 26, 2017
News in-depthUS & Canadian companies
Investors split on whether Kalanick exit can fix Uber
...Uber had to fire Mr Levandowski last month after he failed to co-operate with the court’s investigation....
June 21, 2017
Due Diligence
Pirelli, Syngenta and China’s most ambitious global dealmaker Premium content
...Get in touch with the team: Due.Diligence@FT.com Buffett goes trucking Warren Buffett just did a classic Buffett deal....
October 4, 2017
US & Canadian companies
Uber employees lose faith and explore exit
...“There are definitely more people thinking about leaving,” says Alex Rodrigues, who co-founded Embark, a rival driverless trucking start-up, last year....
March 6, 2017
European companies
Uber and Volvo to develop self-driving cars
...He added that smart maps might be another area of co-operation between the two companies....
August 18, 2016
Technology sector
Ex-Alphabet team targets driverless trucks
...They left Alphabet in January and have self-funded the new company with two other co-founders, Don Burnette and Claire Delaunay....
May 17, 2016
European equities
Coach sales boost helps lift S&P 500
...Shares in trucking company Swift Transportation jumped 21.1 per cent to $16.56 after it reported better than expected fourth-quarter earnings....
January 26, 2016
Transport
Daimler Freightliner keeps on truckin’ with driverless evolution
...In a Daimler video, a series of senior executives at big US trucking companies — including Swift Transportation and Con-Way — extol the benefits of autonomous trucks....
May 7, 2015

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