Stamps.com plunged 48% in pre-market trading May 9, poised to drop to a five-year low, after the company slashed its profit outlook for the full year, fueling investor concerns about its ability to protect margins in the absence of a key partnership with the U.S. Postal Service.
May 9, 2019Search
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FMCSA’s Ray Martinez: Industry Collaboration, Data Play Key Roles in Agency’s Work
SCOTTSDALE, Ariz. — The Federal Motor Carrier Safety Administration is focused on improving infrastructure and creating common-sense regulations, and open communication with the trucking industry enhances the government’s efforts.
May 8, 2019A. Duie Pyle Puts Two Electric Trucks on New York City Streets
Executives with less-than-truckload carrier A. Duie Pyle Inc. said the company is on the verge of operating two battery-electric Fuso eCanter Class 4 trucks in New York City as it steps up its involvement with electrified commercial vehicles.
May 8, 2019VW’s ID.3 Seen as Direct Challenge to Tesla’s Supremacy in Electric Market
Volkswagen AG is about to find out whether consumers will back its 30 billion-euro strategy to topple Tesla Inc. as the electric-car leader. The German auto giant is taking 1,000-euro deposits to secure one of the first in a new range of battery-powered models.
May 8, 2019Infrastructure Week Shines Spotlight on Resilience, Modernization
After recent hurricanes destroyed transportation corridors in the Southeast part of the country, Puerto Rico and the U.S. Virgin Islands, Democrats on Capitol Hill ramped up their calls for rebuilding infrastructure that would be far more resilient.
May 8, 2019Suppliers Take Path to Alternative Powertrains
With interest in alternative powertrains heating up, a mix of suppliers and original equipment manufacturers discussed in their latest earnings reports how they are preparing to help customers who face more options than ever.
May 7, 2019GM Self-Driving Unit’s Valuation Swells to $19 Billion
General Motors Co.’s self-driving unit drew $1.15 billion in fresh investment, with T. Rowe Price Associates Inc. joining existing backers, including Honda Motor Co. and SoftBank Vision Fund.
May 7, 2019SAP, Uber Join Forces to Integrate Freight Networks
Enterprise software firm SAP and load-matching app developer Uber Freight have partnered to connect their shipper and carrier networks in an effort to improve supply-chain efficiency.
May 7, 2019Perspective: Drivers Seek Improvements on Routes
An annual survey of thousands of drivers found that while most are happy with the pay structure their fleets offer, they see room for improvement with how their routes are selected.
May 7, 2019VW Said to Revive Push to Separate Peripheral Units
Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.
May 6, 2019