26 Apr Federal Transportation Policymakers to Visit N.Y.-N.J. ‘Gateway’ An area along the Hudson River in New York and New Jersey will be the site of a field trip federal policymakers have scheduled for the week of April 29 to raise the profile of a tunnel project known colloquially as “Gateway.” Read more...
26 Apr Suppliers Chart Path to Electric Future Suppliers, service providers and truck makers unveiled alternative fuel-related initiatives in conjunction with the recent Advanced Clean Transportation Expo in Long Beach, Calif. Read more...
26 Apr Walmart Capable of Matching Amazon’s One-Day Pledge, Analyst Says Walmart Inc. could easily match Amazon.com’s one-day delivery gambit, according to an analyst who worked at the world’s largest retailer. Read more...
26 Apr Tesla Delays Production of Semi Truck Until 2020 SAN FRANCISCO — Chief Financial Officer Zachary Kirkhorn hinted on a quarterly earnings call that Tesla will build its new semi starting in 2020 at its factory near Reno, Nev. Read more...
26 Apr Oakland Port Truck Management Plan Nears Final Approval The Port of Oakland’s West Oakland Truck Management Plan has moved one step closer to final approval. Read more...
26 Apr Uber Aims for $84 Billion Valuation in Year’s Largest IPO Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the No. 1 ride-hailing company a market valuation of as much as $84 billion. Read more...
26 Apr Forward Air Reports Record Revenue, Profit in 1Q Forward Air Corp. reported record revenue and net income when the Greeneville, Tenn.-based carrier announced first-quarter earnings April 24. Read more...
26 Apr Continental Sticks to Powertrain IPO Plan Amid Profit Slump Continental AG is moving ahead with plans to carve out its powertrain division while postponing a final decision, as the German auto-parts maker adapts to the disruptive and costly shift to self-driving electric cars. Read more...
26 Apr Construction Groups Launch Ad Campaign Supporting Connecticut Tolls A coalition of groups representing the building and construction industries has launched an advertising campaign in support of Gov. Ned Lamont’s plan for electronic tolling in Connecticut.Move CT Forward’s 30-second advertisement casts tolls as a more favorable fundraising option than borrowing billions of dollars, raising the fuel tax or doing nothing. Read more...
26 Apr Daimler 1Q Net Income Dips, Revenue Flat Daimler AG reported first-quarter net income dipped and revenue was flat amid a range of constraining factors affecting cash flow, and despite gains in truck sales. Read more...