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...Hydrogen, which emits no carbon dioxide when burnt, is considered a critical fuel for cleaning up heavy industries such as steelmaking and trucking....
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...Nash told the court that Yellow had appraised its assets at $2.1bn and that there had been multiple inquiries from interested buyers....
...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....
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...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....
...And I can’t find anyone who thinks the Port of Los Angeles and associated trucking services have suddenly perked up....
...Indeed, at the start of the pandemic, economists at the BLS released a lengthy study that argued the trucking market was a place where labour supply could indeed adjust to demand, just as free-market enthusiasts...
...Uber has no more chance of eliminating rivals in trucking than it does in any other sector....
...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....
...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...
...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....
...The Biden administration has been pushing rail freight companies, trucking groups and ports to increase their own capacity to meet rising demand....
...Kevin Hayes, a former senior vice-president at Long Beach, hit out at Petersen after the Flexport chief claimed in an interview with CNBC that opening at night would ease strains....
...And dire conditions on the trucking front have been severely exacerbated by Hurricane Ida. Labour shortages are also part of the problem. Job openings remain at record levels....
...The likelihood that this is another joke at the expense of the corporate and financial establishment seems high. The announcement has a cartoonish quality....
...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....
...John Krafcik, Waymo’s chief executive, described its first partnership in the trucking sector as an “epic moment”, with its technology being aimed at unlocking “a full suite of driving capabilities, not...
...Workers at dHybrid Inc criss-crossed the US to make good on Mr Milton’s promises to customers. At other times, employees fixed the fuel systems when they malfunctioned....
...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....
...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....
...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...
...The US Treasury department on Wednesday agreed a $700m bailout of trucking company YRC Worldwide....
...There were also problems in sourcing raw materials and in organising trucking and shipping. The industry had very limited options for the industry to source outside China, he added....
...Mr Levandowski left Waymo in January 2016 to co-found Otto, an autonomous trucking company later acquired by Uber....
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