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Hydrogen power
Energy groups mount campaign against tough US clean hydrogen rules
...Hydrogen, which emits no carbon dioxide when burnt, is considered a critical fuel for cleaning up heavy industries such as steelmaking and trucking....
July 30, 2023
Unhedged
Everyone calm down about CPI Premium content
...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)....
February 14, 2024
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
Apollo Global Management LLC
Apollo calls off Yellow bankruptcy manoeuvres with $500mn loan sale
...In a hearing last Wednesday, Yellow’s lawyer from Kirkland & Ellis, Patrick Nash, said the trucking group had fought against the inclusion of the $500mn loan roll-up provision....
August 15, 2023
LexYRC Worldwide Inc
Yellow: strike threat alone cannot explain haulier’s bizarre bankruptcy Premium content
...Amid the coronavirus pandemic in 2020, the troubled trucking company secured a $700mn loan from the Trump administration....
August 7, 2023
Unhedged
The loan with the 545% interest rate Premium content
...A few weeks ago, there was an outcry after Apollo Global Management offered Yellow Corporation, the recently bankrupt trucking company, a $142.5mn DIP loan that came with a fee as high as $32mn....
August 29, 2023
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
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Uber Technologies Inc
Uber reports positive cash flow for the first time
...In June, Uber announced a partnership with Alphabet-owned Waymo to pilot autonomous trucking “at scale”. “This is a work in progress,” said Squali from Truist Securities....
August 2, 2022
Trade Secrets
Why the untangling of global supply chains isn’t good news Premium content
...And I can’t find anyone who thinks the Port of Los Angeles and associated trucking services have suddenly perked up....
October 10, 2022
Gillian Tett
Why America has to keep on trucking
...The latter might emerge; December’s month-on-month trucking inflation data was lower than in November....
January 20, 2022
LexUber Technologies Inc
Uber Freight: move into trucking leaves rideshare company fighting with even more rivals Premium content
...Uber has no more chance of eliminating rivals in trucking than it does in any other sector....
October 20, 2021
FT AlphavillePatrick McGee
Going back in time and telling a Tesla bull the company is worth $1tn
...Figured it out: Tesla has been dominating the trucking industry since this year’s launch of the Semi!? Amirite? Me: Hmm. Sort of forgot about that tbh. Hardly even comes up....
November 1, 2021
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
Ecommerce
Online retailers fuel inflation in reversal of years-long trend
...The strains in global supply chains have pushed up prices for containers, trucking, warehousing and labour, prompting retailers to pass on the extra costs to consumers to defend their margins....
October 20, 2021
Supply chains
Big US businesses pledge to extend working hours to ease supply chain backlogs
...The Biden administration has been pushing rail freight companies, trucking groups and ports to increase their own capacity to meet rising demand....
October 13, 2021
Trade Secrets
Flexport’s CEO on the mystery and messiness of global supply chains Premium content
...The trucking company that alerted us to this problem in the first place, they do have the machines, for instance. So you do alleviate part of it.”...
October 27, 2021
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
On Wall StreetMamta Badkar
Has US corporate profitability peaked?
...The potential for a squeeze in corporate profitability is starting to loom larger for the investors and analysts who track USA Inc. It’s not hard to see why....
September 3, 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
Americas companies
FT ranking: The Americas’ Fastest-Growing Companies 2021
...In second and third place, respectively, are a US cloud-connected analytics company providing real-time data for the trucking and transportation industry, and a Canadian home meal-kit delivery service....
April 13, 2021
Driverless vehicles
Waymo strikes self-driving lorry deal with Daimler Trucks
...The trucking arm of the Mercedes-Benz owner sells half a million units a year, earning $40bn in revenue in 2019....
October 27, 2020
The Big Read
Nikola: the clues in Trevor Milton’s past that investors missed or ignored
...DHybrid Inc also sold fuel systems to Florida rubbish collector Waste Pro and Pennsylvania trucking company Birkmire Transportation Solutions....
December 6, 2020
Inside BusinessRichard Waters
Nikola cannot succeed on Elon Musk-style bluster alone
...The founder of the hydrogen trucking start-up Nikola stepped aside at the start of the week, days after a report from a short-seller attacking the company....
September 25, 2020
Special ReportE-mobility
Self-driving industry takes to the highway after robotaxi failure
...Nancy Sun, chief engineer at Ike, a trucking start-up founded in 2018, says such “hand-offs” can happen by using existing highway infrastructure like truck stops....
July 20, 2020
Anthony Levandowski
Ex-Google self-driving chief sentenced for stealing secrets
...Uber worked out a settlement with Waymo, the terms included that Uber “would never hire or work with Mr Levandowski again, which resulted in Uber also reneging on its promises to support Mr Levandowski’s trucking...
August 5, 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
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

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