Category: News

Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword

Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.

FRA Awards Grant to Georgia Central Railway

Dublin, Ga., has earned $8 million in grants for improvements to its rail infrastructure. A $4 million grant from the Federal Railroad Association was given to the city through its Consolidated Rail Infrastructure and Safety Improvements Program, which…

Brookfield Buys Rail Operator Genesee for $8.4 Billion

An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.

Amp Americas sells ampCNG unit to American Natural Gas

Amp Americas recently closed the $41 million sale of its 20 ampCNG fueling stations to American Natural Gas (ANG).

Amp Americas, a pioneer in the renewable transportation fuel industry, plans to continue owning and operating its Indiana biogas opera

Exit mobile version