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Tesla Pushes China’s EV Bubble Closer to Bursting

Tesla Inc.’s new Shanghai plant has churned out super-popular Model 3 electric sedans for the past six months, catapulting the company atop the sales chart and piling the pressure on cash-strapped local rivals. There was another casualty last week.

July 8, 2020

Walmart Jumps With Amazon Prime Challenger Nearing Debut

Walmart Inc. will introduce a subscription service this month to compete with Amazon.com Inc.’s Prime program, according to a person familiar with the plans.

July 7, 2020

Tesla Bull Case Raised Above $2,000 a Share at Morgan Stanley

Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an “extraordinary” rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don’t recommend buying Tesla shares.

July 7, 2020

Electric Vehicles Are Starting to Buoy the Global Metals Market

The market gloom over the metals that will power the cars of the future is starting to lift.

July 7, 2020

FHWA Announces Funding Opportunity for Technology Grants

The Federal Highway Administration recently announced the availability of $60 million in grant funding for groups working on projects that involve transportation technologies.

July 7, 2020

Fleets Push Forward With Tech Investment Despite Pandemic, Economic Uncertainty

Despite facing business challenges and economic uncertainty, some trucking companies have continued to move forward with technology investments during the COVID-19 outbreak.

July 6, 2020

Uber to Buy Postmates for $2.65 Billion to Expand Delivery

Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered.

July 6, 2020

6 Ways to Maximize Weigh Station Bypass Service

Whether you currently use weigh station bypassing or not, now is a great time to consider all of the extended value the service offers. With depressed freight levels and rates due to COVID-19, plus the other usual delays, you’ll learn about additional ways to maximize driver hours and save money.

July 16, 2020

House Infrastructure Bill Will Never Become Law, Rep. Sam Graves Says

A $1.5 trillion infrastructure package advanced by the U.S. House of Representatives on July 1 will never be enacted into law, said the top Republican on the chamber’s transportation panel.

July 2, 2020