Hints and tips:
...The company, which on Wednesday updated the market following the July 1 closing of its acquisition of rival US Xpress, said its second-quarter operating margins would be down 11 to 12 per cent from the same...
...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...
...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....
...The trucking arm of the Mercedes-Benz owner sells half a million units a year, earning $40bn in revenue in 2019....
...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...
...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”....
...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....
...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....
...Mr Levandowski left Waymo in January 2016 to co-found Otto, an autonomous trucking company later acquired by Uber....
...“I felt, ‘That’s interesting: there’s a financial market based on shipping, but there’s nothing based on trucking’,” said Mr Fuller, whose father founded US Xpress Enterprises, a New York-listed trucking...
...AI and Torc Robotics, which want to aid long-haul trucking groups....
...In February US Xpress, a carrier based in Chattanooga, Tennessee, announced that $50,000 bonuses and four weeks of holiday awaited two-driver teams....
...Could it be that Schumacher was wrong, and that we need industrial-scale farming and long-distance trucking to feed everyone?...
...workers, careful attention to service, and lower maintenance expenses allows companies such as RA, Genesee & Wyoming, OmniTRAX and Watco, among the largest short-line holding companies, to compete against trucking...
...Similarly, US Xpress, the US trucking company, collects 900 data elements from tens of thousands of trucking systems: sensor data for tyre and fuel usage and engine operation, geospatial data for fleet tracking...
...He joined UBS as an associate analyst in February 2003, following airfreight, railroad, trucking, logistics and shipping stocks....
...It weighs just under 4oz and looks similar to the Nokia 5800 Xpress Music that launched in Europe early last year with a white-and-silver case....
...The provider of trucking, freight and transportation logistics earned1 cent per share in the quarter compared with average analyst estimates of a loss of 16 cents per share....
...On April 14, trucking operator Western Express did the same....
...US Xpress said it expected to report a first-quarter loss as a result of record fuel prices and a downturn in freight demand....
...The trucking company's shares lost 10.9 per cent to $16.28. JB Hunt shares eased 1.7 per cent to $36.46 and Yellow Roadway edged up 0.9 per cent to $45.16....
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