Uber Technologies Inc. declared its worst quarterly earnings, reporting a $5.2 billion net loss for the quarter ending June 30.
August 9, 2019Business, Technology
Uber Posts $5.2 Billion Loss in Q2
Business, Technology, Logistics
Uber Freight Partners With TMS Company MercuryGate
Uber Freight announced a partnership with MercuryGate, an independent transportation management service provider.
August 8, 2019Business, Technology
Daimler Trucks Appoints Paul Romanaggi Chief Customer Experience Officer
Daimler Trucks North America will create a new customer experience (CX) organization and appointed Paul Romanaggi as chief CX officer, according to the company.
August 8, 2019Business, Technology, Logistics
Lyft Gains as Analysts Say Results May ‘Win Over Skeptics’
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, 2019Government, Business, Technology, Safety
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, 2019Business, Technology
Orbcomm 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, 2019Government, Business, Technology, Safety
Canadian 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, 2019Government, Technology, Safety, Autonomous
Tesla Scrutinized by NHTSA Over Model 3 Safety Claims
The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy group.
August 7, 2019Business, Technology, Equipment, Autonomous
Scout, 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, 2019Government, Business, Technology, Safety
FRA 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, 2019