Hints and tips:
...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....
...Here is Shelley Simpson, president of the trucking company JB Hunt, commenting on a 7 per cent year over year decline in revenue in the first quarter: We’re in a challenging freight environment where there...
...A commercial trucking licence alone is enough to bag a driver a salary of more than $100,000 without so much as a high school diploma....
...“If you have a CDL [commercial trucking license] that’s like a golden ticket,” Josh Grassham, senior vice-president at Lea County State Bank told me....
...However, he said that model was no longer working as well, given strong demand for the same pool of workers from the booming construction and trucking industries....
...Of course, this is dragged up by outliers in the portfolio such as autonomous trucking play TuSimple (trading at 247 times). Still it’s eye-wateringly pricey....
...Waymo is partnering commercial vehicle group Daimler Trucks to power big-rig lorries, as Alphabet’s driverless technology unit moves its technology beyond carrying passengers to hauling freight....
...Waymo moves into trucksWaymo has announced a new first — working with Daimler Trucks to power big-rig lorries, as Alphabet’s driverless technology unit moves its technology beyond carrying passengers to...
...Google has “repeatedly used its monopolistic power to control pricing, [and] engage in collusions to rig auctions [of online ads] in a tremendous violation of justice”, he said....
...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...
...One fifth of the state’s 15 currently operating rigs are on MHA Nation land, Fox said....
...Reinsurance for US trucking fleet liability risk has in some cases tripled in cost....
...Aurora is also heading in that direction, announcing on Monday that its “first commercial product will be in trucking”....
...“Trucking gets in your blood....
...The US Treasury department on Wednesday agreed a $700m bailout of trucking company YRC Worldwide....
...Shortly after he left the company in 2016, he co-founded Otto, an autonomous trucking company later acquired by Uber for a reported $680m....
...US crude output has plummeted as operators shut wells, idle rigs and sack oilfield workers....
...The importance of the $800bn trucking sector is difficult to overstate....
...City tradersNo careless pillow talk Spare a thought for City traders entering a third month of working from home in front of multiple makeshift screens, or “Rona rigs”....
...(NYT) Oilfield blues Drilling rigs that supported the local economy in west Texas — including barbers earning $180,000 per year — are now sitting untouched after the spread of Covid-19 caused demand to...
...Mr Levandowski was one of the founders of Google's Waymo, but left to co-found Otto, an autonomous trucking company that was later acquired by Uber. Months afterwards....
...Gizmodo says a suggested rig including headboard, bed frame, rolling shelving, an adjustable keyboard tray, and even a gaming blanket and custom beanbag pillow, is priced at just north of $1,000 after currency...
...Mr Levandowski left Waymo in January 2016 to co-found Otto, an autonomous trucking company later acquired by Uber....
...AI and Torc Robotics, which want to aid long-haul trucking groups....
...Big-rig drivers need to first earn a Class A commercial driver’s licence after a training course that can take six weeks and cost several thousand dollars....
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