Nomura Instinet analyst Romit Shah downgraded Tesla to neutral from buy in a note titled “No Longer Investable.” The note to clients starts by pointing out that previously he’s been one of the biggest bulls on the Street since initiating coverage last October.
September 11, 2018Search
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California Aims to Drop Fossil Fuels for Electricity by 2045
SACRAMENTO, Calif. — California has set a goal of phasing out electricity produced by fossil fuels by 2045 under legislation signed Sept. 10 by Gov. Jerry Brown.
September 11, 2018Peterbilt Plans Enhancements to SmartNav
Peterbilt Motors Co. announced that its SmartNav communications system will soon offer the capability to install and operate the PeopleNet app directly from the truck’s in-cab display.
September 10, 2018Citizens Reserve Offers Blockchain Application
Blockchain startup Citizens Reserve announced Suku, a blockchain-based platform intended to help users open new markets, improve operations and reduce costs of running supply chains.
September 10, 2018Capitol Agenda for the Week of Sept. 10: Welcome to Normaltown
For all of the hysteria pundits have heaped on Washington in recent weeks, the current state of affairs really isn't abnormal. Here's a look ahead to the week for trucking on Capitol Hill.
September 10, 2018Flying Trains and Flying Whales: Radical New Ideas for Freight Transportation
The future of rail transportation literally may be up in the air. Entrepreneurs and engineers from around the world have proposed radical concepts for hauling freight and passengers, including a multistory flying train, a supersized blimp and super-high-speed trains.
September 17, 2018Daimler Plots Two-for-One Autonomous Van for City Transport
Daimler AG is developing an autonomous electric vehicle that can toggle between a people carrier and a delivery van as the German manufacturer seeks an edge over rivals such as Alphabet Inc.’s Waymo and Deutsche Post AG in shaping the future of mobility.
September 10, 2018Trimble Moves to Unite Its Trucking Technology Businesses
HOUSTON — Trimble has acquired some of the biggest names in the trucking technology sector over the past several years. Now the global technology firm is taking steps to more closely unite those businesses, including PeopleNet, TMW Systems, ALK Technologies and 10-4 Systems, to provide an end-to-end platform under the Trimble brand.
September 10, 2018Manual Transmissions Rapidly Becoming a Thing of the Past
Bryan Berg drives a semi with a 13-speed transmission, and he’s been double-clutching and shifting gears in his rig for 30 years. He’s not about to start driving a truck that shifts automatically.
September 7, 2018AI Hedge Fund Is Said to Liquidate After Less Than Two Years
The fledgling world of AI hedge funds is claiming one of its first casualties.
September 7, 2018