Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter.
March 5, 2019Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Tesla’s Elon Musk Touts Model Y Event as Questions About Company Linger
Elon Musk said March 3 that Tesla will unveil its Model Y crossover in less than two weeks, as questions about store closures, employee layoffs and demand in the wake of waning U.S. federal tax credits threaten the company’s growth narrative.
March 4, 2019House Transportation Leader DeFazio Offers Infrastructure Legislation Roadmap
Speaking to reporters at a conference hosted by the American Association of State Highway and Transportation Officials on Feb. 27, Rep. Peter DeFazio (D-Ore.) explained that his committee would most likely tackle infrastructure policy via two paths.
February 27, 2019Musk Faces Contempt Claim for Violating Accord With SEC
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer’s ability to keep his impulses in check and responsibly run a public company.
February 26, 2019Opinion: Using Predictive Analytics for More Efficient Supply Chains
Logistics companies depend greatly on accuracy, timeliness and efficiency to meet distribution and customer demands. The use of predictive analytics, however, is changing the game for this industry because of its ability to determine real-time patterns, track data and anticipate these demands to streamline operations.
February 26, 2019Roadie Raises $37 Million, Pushing Overall Funding to $62 Million
Roadie, an on-the-way delivery service with the nation’s largest local same-day footprint, said it has raised $37 million in funding from The °®¶¹´«Ã½ Depot, Warren Stephens and TomorrowVentures, among others, officials announced Feb 25.
February 25, 2019Wabtec Merger Complete as Strike Threat Hangs Over GE Plant
The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.
February 25, 2019Chatbots Are Emerging as Powerful Tools for the Transportation Industry
Artificial intelligence-powered chatbots are often not even known as such by the user. Instead, they are often packaged among the automated features of enterprise resource planning systems increasingly used by shipping firms as AI and data science continue to evolve.
March 3, 2019Pinpointing ETAs
With shippers and receivers demanding tighter delivery windows, trucking companies are utilizing a range of technologies to more accurately predict when drivers will Âarrive at destinations.
March 1, 2019Daimler Joins BMW in Bid to Be a Force in Ride-Hailing Sector
Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.
February 22, 2019