Hints and tips:
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...Tesla directors include Musk’s brother Kimbal, longtime associate James Murdoch, and JB Straubel, one of Tesla’s co-founders....
...After being bitten by supply chain disruptions and high transportation costs last year, large retailers accelerated their imports of seasonal merchandise this year....
...If you arrive on a domestic flight and want to catch an Uber, you are left to hunt for non-existent signs, bump your suitcase along a concrete pass and down a flight of stairs and head out to a distant car...
...“It seems hyperbolic but I really feel like if we can’t do this, if this doesn’t happen, then the US has lost — we’ll lose this whole transportation market.”...
...Other app-based transportation services have made similar attempts to diversify during the pandemic....
...The trucking groups JB Hunt, Landstar and Ryder have all increased in value by about a third over the same period....
...Andrew Saunders, agriculture director at Pilgrim’s UK, a pork producer owned by Brazilian meat giant JBS, said the Billingham plant’s reopening was “a short-term fix for a long-term problem”....
...A week before Wirecard fell apart in June 2020, the hunt for €1.9bn in cash appeared to be gathering pace....
...Tureci also warned against complacency in the months until the vaccine can be rolled out globally — a challenge that will be initially complicated by the need to keep BNT162b2 at roughly minus 75C during transportation...
...Tesla’s co-founder JB Straubel also sits on the board....
...The S&P 500 index dropped 11.5 per cent last week, while Union Pacific and trucker JB Hunt Transport Services each fell more than 12 per cent, and XPO Logistics plummeted nearly 25 per cent....
...In dedicated contract services, JB Hunt said segment revenue and operating income were up 22 per cent and 24 per cent, respectively. Shares of JB Hunt fell 4.3 per cent to $101 in after-hours trading....
...Amazon, Monster Beverage, SVB Financial Group, Invisalign maker Align Technology, Autodesk, Adobe, Salesforce.com and JB Hunt Transport Services are among the other notable names highlighted by Goldman....
...JB Hunt, a large national carrier, recorded 1,213 job applicants who tested positive for drugs using the hair test in 2017, according to Trucking Alliance, an industry group....
...Pepsico follows retailer Walmart and truck operator JB Hunt Transport services in signalling a vote of confidence in Elon Musk’s attempt in disrupting the trucking industry....
...The negotiations took place at the height of an internal struggle between the transportation company’s backers, its board and its founder....
...BRF, the world’s largest poultry exporter, and beef exporter JBS raised local prices for the second time this year to try to contain feed costs....
...The hunt for acquisitions is focused on mid-market companies valued at $100m-$500m....
...After Markit listed in New York in 2014, it intensified a hunt for further acquisitions, but its most recent effort failed in October after a last-second bid by Intercontinental Exchange during a $5bn battle...
...Earlier this year the company sold its US pork business, including two packing houses, five feed mills and four hog farms, to JBS of Brazil for $1.45bn....
...The Dow Jones Transportation Index slid 2 per cent, taking its losses from a November peak to 6.2 per cent, as investors increase short positions in transportation companies after two years of double-digit...
...“If it’s just a means of transportation, it doesn’t have to be a vehicle.”...
...He is also expanding a sugar factory he owns in southern Egypt, is considering “a major investment’ in public transportation and is taking up river transport licences when they are offered....
...But the Hillshire bidding war suggests the industry is back on the hunt for growth....
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