Lyft Inc.’s second-quarter results blew past market estimates and won accolades from Wall Street, as analysts said they now see a clearer path to profitability and a “more rational competitive environment.â€
August 8, 2019Search
Showing 10 of 10691 results
ELDT Compliance Urged Despite FMCSA’s Proposed Delays
Despite proposed delays regarding certain parts of the federal Entry Level Driver Training rule, commercial driver license training schools shouldn’t dawdle as the rule’s upcoming effective date nears, according to training expert Jim Butler.
August 7, 2019Orbcomm Revenue Down 5.2% in 2Q
Orbcomm Inc., a provider of machine-to-machine and internet of things technologies, said it had a net loss of $6.4 million in the second quarter ended June 30, compared to a net loss of $7.2 million in the second quarter of 2018.
August 7, 2019Canadian Trucking Alliance Urges Provinces to Adopt ELDs
The Canadian Trucking Alliance has initiated conversations with transportation ministers in an effort to encourage adoption of electronic logging devices at the provincial level.
August 7, 2019Scout, Amazon’s Self-Driving Delivery Robot, Heads to California
Amazon said Aug. 6 that its six-wheeled self-driving robots, about the size of a smaller cooler, will begin delivering packages to customers in Irvine, Calif., after testing them in a suburb of Seattle earlier this year.
August 6, 2019FRA Chief Ronald Batory: PTC Installment Is on Nearly 90% of Required Miles
The implementation of automatic braking systems on the country’s railroads was operational on nearly 90% of route miles required by law, Federal Railroad Administrator Ron Batory told a Senate panel July 31. The status of the implementation marked a 4% increase since the year’s first quarter.
August 2, 2019EPA IG Finds Study Critical of Glider Emissions Was Properly Conducted
A U.S. Environmental Protection Agency’s Inspector General audit has given a 2017 agency study critical of glider truck emissions a clean bill of health.
August 1, 2019ATA Trends Report Reveals Industry’s Revenue, Trade Highlights
The trucking industry’s total revenue and cross-border operations experienced significant increases last year, according to the recently released American Trucking Trends report by American Trucking Associations.
August 1, 2019Shopify Rally Continues After Sales, Outlook Beat Estimates
Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.
August 1, 2019Trucking Stakeholders Ask Congress to Repeal the 12% Federal Excise Tax on Trucks, Trailers
A group of trucking stakeholders asked Congress to repeal the 12% federal excise tax on the purchase of heavy-duty trucks, tractors and trailers.
August 1, 2019