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Tesla Bears Pile On as Citi Is Latest to Lower Target

Another analyst is cutting his price target for Tesla Inc. after the electric car maker on May 21 fell to the lowest since December 2016.

May 22, 2019

$2 Billion Invested in Trucking Tech Firms So Far in 2019

Trucking technology firms are raking in cash as investors look to get in on a hot industry and capitalize on a U.S. economy that remains strong.

May 21, 2019

Approval of Amazon Air Cargo Complex in Lakeland, Fla., Gets Mixed Reception

City commissioners are excited to sign a deal with Amazon to build an air cargo facility at Lakeland’s airport. Residents were less enthusiastic.

May 21, 2019

Oil Giant Chevron Offering Electric Car Charging at Stations

Chevron Corp. is offering electric car charging ports at a handful of gasoline stations in its home state of California, according to a statement May 20.

May 21, 2019

Succeeding with Transportation Software in the Cloud

With increasing changes and improvements in cloud technology, more and more fleets are moving their core TMS and maintenance software to the cloud. With decades of experience managing cloud services, Trimble Transportation is uniquely positioned to guide carriers through the decision to move to the cloud.

June 13, 2019

Ford Slashing 7,000 Jobs as Disruption Sweeps Auto Industry

Ford Motor Co. plans to eliminate about 7,000 salaried jobs — about 10% of its global white-collar workforce — as pressures mount on automakers to keep pace with massive technological shifts amid signs global car demand has peaked.

May 20, 2019

Infrastructure Week Encore: Trump, Democrats to Discuss Funding May 22

President Donald Trump and congressional Democrats agreed on April 30 to proceed with a $2 trillion infrastructure package, yet, they haven’t announced how to pay for the measure. That may change when they meet May 22 to discuss funding. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill.

May 20, 2019

Tesla Shares Breach $200 as Analyst Says CEO Elon Musk Faces a ‘Code Red’

Tesla Inc. shares plunged below $200 for the first time in more than two years on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half of the year.

May 20, 2019

TuSimple Self-Driving Trucks to Haul Mail for Postal Service in Two-Week Pilot

Self-driving trucks operated by startup TuSimple will haul mail and packages across the Southwest in a two-week pilot program with the U.S. Postal Service.

May 20, 2019