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...local car services....
...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....
...Its financial services minister André Ebanks visited Singapore and Hong Kong this month....
...And I can’t find anyone who thinks the Port of Los Angeles and associated trucking services have suddenly perked up....
...Uber has no more chance of eliminating rivals in trucking than it does in any other sector....
...“There may be isolated shortages of goods and services in the coming months. But there is an ample supply of goods....
...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....
...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....
...Earlier this month, the group’s ride-hailing division, Waymo One, made its fully driverless service open to members of the public in Phoenix, Arizona — a first for the industry....
...DHybrid Inc also sold fuel systems to Florida rubbish collector Waste Pro and Pennsylvania trucking company Birkmire Transportation Solutions....
...Chuck Price, chief product officer at TuSimple, the biggest autonomy start-up devoted to trucking, with 600 employees, adds that because trucks service goods, not people, the mapping challenges alone are...
...Additional reporting by Sherry Fei Ju in Beijing...
...on-demand services....
...It brings together everything from food delivery to restaurant ratings, hotel bookings and at-home massage services....
...It has also offered an on-demand food delivery service, Uber Eats, since 2014....
...AI and Torc Robotics, which want to aid long-haul trucking groups....
...Within China the ecommerce giant has taken minority stakes and expanded its say at four main couriers that run the trucking and three-wheeled delivery vans on city streets....
...Investors will today vote on an offer for the trucking group, which is on the verge of bankruptcy....
...It is to be followed by food and services delivery group Meituan Dianping and online content company Qutoutiao....
...On Mr Khosrowshahi’s watch, Uber has highlighted its spending to bulk up new ventures such as the Uber Eats food delivery service, its Freight trucking arm and electric bike and scooter rentals....
...Their connection with aspects of transport such as scooters and trucking may prove to be semantic rather than operational....
...The national average rate for hiring a “dry van” box trailer increased 30 per cent in the year to June to $2.32 per mile, the highest on record, according to DAT Solutions, an online trucking service....
...Alipay started as an online escrow service in 2004 that allowed merchants and shoppers to send and receive payments but, more importantly, it gave shoppers a means to claim back refunds if they felt cheated...
...Didi said the agreement foresees the auto companies providing car-sharing services using Didi’s app-based service, as well as selling electric vehicles to private drivers and leasing firms....
...The biggest is Meituan-Dianping, a service known for food delivery and restaurant bookings, which is about to launch its own ride-hailing service....
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