Analysts at Credit Suisse and RBC Capital Markets are among those predicting Tesla will post lower revenue for the third quarter than a year ago. If there is indeed a decline, it will be a first for the company since 2012 — the year the Model S started production.
Category: News
TTSI Replaces Trucks With Near-Zero-Emission Models
Total Transportation Services Inc., a Southern California drayage company, will replace its entire diesel trucking fleet with near-zero emission natural-gas trucks.
Arizona Officials Unveil Project to Improve I-17
Arizona Gov. Doug Ducey has announced a project to improve a stretch of Interstate 17, an important north-south route linking Phoenix and Flagstaff.
Hyundai to Start Mass Production of Driverless Cars in 2024
South Korean carmaker Hyundai Motor Group will start mass production of self-driving cars within the next five years, said Chung Euisun, the heir to the auto giant, as he made a hefty investment in a joint venture the company established with Aptiv on …
Estes Signs On DDC Intelligence for Bills of Lading
Estes Express Lines, a privately owned freight transportation carrier, added to its existing billing program with DDC FPO by migrating its bill of lading volume to the provider’s machine-learning, Software-as-a-Service program, DDC Intelligence, Estes said in a Sept. 23 news release.
UPS Completes Nashville-Area Distribution Facility
UPS Inc. has completed the expansion of its Whitescreek, Tenn., ground-package sortation and distribution facility, part of a multiyear investment plan to grow its global logistics network.
AMA Transportation Hires Carrier Logistics to Manage LTL Software
Carrier Logistics Inc., a provider of freight management software for less-than-truckload fleets, said that AMA Transportation Co. Inc. has implemented its FACTS solution to modernize its business processes and improve productivity.
Blackstone Extending Warehouse Bet in $5.9 Billion Deal
Blackstone Group Inc. has acquired more than 1 billion square feet of logistics space since 2010 as part of the firm’s global bet that the rise of e-commerce is driving demand for final-mile real estate.
Pressure Systems International Notches Milestone
Pressure Systems International announced it produced its 1.5 millionth automatic tire inflation system for commercial vehicles at its facility in San Antonio in September.
Sherwood, Fr8Hub to Move Loads From Laredo, Texas
Sherwood Food Distributors announced it selected Fr8Hub to help move loads out of Laredo, Texas.