Hints and tips:
...Higher freight costs — now $40,000 a day — are painful for buyers, compounding the price increases of the commodities being shipped....
...to start: rail group Canadian Pacific is set to present a new, higher offer to buy Kansas City Southern, worth about $31bn, including debt, in a move that is set to revive the takeover battle for the US freight...
...A version of this article was first published by Nikkei Asia on November 11 2020. ©2020 Nikkei Inc....
...Other cities have created freight corridors which force big trucks down certain highways to distribution centres on the outskirts. Some have established consolidation centres....
...Uber has already structured its freight booking unit as a standalone business in which it owns a majority stake....
...Ford is experimenting with autonomous postal services, while General Motors through its Cruise unit is also planning to launch a public robo-taxi service....
...Other top shareholders General Motors, Fidelity and venture capital firm Andreessen Horowitz will each own stakes worth more than $1bn. Alphabet’s holding will be worth $924m....
...It offers rides in dozens of countries and has expanded into food delivery, freight, autonomous cars, flying taxis, bikes and scooters....
...With big tech and auto companies hoping to launch robotaxi fleets of their own — including Tesla, the Alphabet subsidiary Waymo and General Motors — prices are likely to fall quickly, says Mr Price....
...“We’re not open enough [with staff] with facts and figures, and I think that’s a British thing,” says Alistair Eagles, chief executive of Seatruck Ferries, which employs 70 people directly and operates freight-carrying...
...As well as targeting traditional diesel trucks, Tesla is looking to disrupt rail freight, too....
...Website | Subscribe. ©2016 Nikkei Inc. All rights reserved....
...making it possible for pods carrying people or freight to move at close to the speed of sound....
...So after six years in Carrizo, another new start beckons for him and his RV motor home. “I’m probably going to end up in North Dakota or Ohio.”...
...Last November, it unveiled a pilot customs transit system in Malaysia, Singapore and Thailand to harmonise procedures for road freight....
...Rex Tillerson, chief executive, told analysts on Wednesday that oil prices had crashed because demand growth in China and elsewhere had slowed, while US supplies were “coming like a freight train”....
...(Financial Times) Ford shares jump as it revs up dividend: “Ford Motor has responded to pressure to return more capital to shareholders by increasing the carmaker’s quarterly dividend 25 per cent....
...In the freight sector, Eagle Bulk Shipping slumped 29.3 per cent to $3.31, after the dry bulk shipper reported a bigger-than-expected third-quarter loss, hurt by lower time-charter rates....
...William Wang, managing director of MG Motor UK, says the West Midlands “suffers from a lack of direct air links with crucial long-haul markets such as China....
...Rapidly rising quantities of crude produced in the Bakken shale in North Dakota, the Eagle Ford shale in South Texas, and other new oilfields unlocked by new drilling techniques, as well as the oil sands...
...Such trains – known as multiple units – have their motors hidden under the floors of passenger carriages....
...And overall growth in freight movements is no longer outpacing economic growth to the same degree as it did for much of the past decade....
...Alstom and TMH’s first joint project was to design a freight locomotive but the partners are expanding into passenger transport....
...The auction took place in a large three-sided marquee pitched next to the Donington Park motor racing circuit....
...Management at AMR, which owns the regional airline American Eagle as well as American, strongly denied the claims....
International Edition