Coke Shares Drop Most Since 2008
Coca-Cola Co. plunged the most intraday in more than 10 years on Feb. 14 after the company released a lackluster forecast for 2019 and highlighted upcoming obstacles such as currency pressures, geopolitical tensions and weakening consumer sentiment.
February 14, 2019Los Angeles Nixes Plan to Upgrade Three Natural Gas Generators
Los Angeles will ditch a plan to spend billions rebuilding three natural gas-fired power plants as the city moves toward getting all of its electricity from renewable energy.
February 14, 2019GM Cruise Falls Short of Self-Driving Test Miles Projection
In late 2017, the co-founder of General Motors Co.’s self-driving unit told investors the company was on the verge of putting 1 million miles a month on its autonomous test cars. That projection proved to be quite a stretch.
February 14, 2019Tech Company Worklete Uses Software to Build Good Trucker Habits
A San Francisco technology company is using software that offers a service to prevent trucking-related workplace injuries, by building habits for truckers and others in the freight industry.
February 14, 2019FedEx Logistics Announces Headquarters Move
FedEx Logistics will move its global headquarters to the former Gibson Guitar factory building in Memphis, Tenn., according to a Feb. 12 press release.
February 13, 2019ATA President Chris Spear Urges Senate Panel to Fund Infrastructure Projects Long Term
WASHINGTON — Sustainable funding for construction and maintenance of large-scale infrastructure projects nationwide is needed to address wasted economic productivity from traffic congestion and the potential harm older structures pose to drivers, the top executive of American Trucking Associations told a Senate committee Feb. 13.
February 13, 2019Medium-Duty Sales Strong in January
Sales of medium-duty trucks had a strong start in 2019, climbing above 18,000 units in January, WardsAuto.com reported.
February 13, 2019Texas Shale Forces Big Oil Cost Revolution, Chevron CEO Says
The low break-even costs to pump in the Permian are forcing Chevron to be more efficient everywhere, Wirth said, from the deepwater platforms in the Gulf of Mexico to its liquefied natural gas plants.
February 13, 2019Secrets Behind the Weigh Station: What Happens When Your Trucks Pull In
You might be surprised at how the modern weigh station works, and the role technology plays in evaluating your trucks. Thermal cameras scan for bad brakes, automated license plate readers run checks against state and federal databases, and behind it all, law enforcement personnel in the station manage these complex systems to improve road safety. With technological and human influences at play, how can carriers best prepare their drivers to pass this level of scrutiny? The presentation includes a Q&A with a veteran law enforcement officer and the Senior Director of Safety at J.B. Hunt Transport that you won’t want to miss!
February 13, 2019AAR Supports Gas Tax, Vehicle-Miles-Traveled Measure to Fund Infrastructure
WASHINGTON — A vehicle-miles-traveled tax would present a good long-term solution for funding the nation’s infrastructure, while higher fuel taxes could address more near-term needs, representatives from the Association of American Railroads said.
February 13, 2019