Tesla Burns $739.5 Million in Cash on Way to Record 2Q Loss
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
August 3, 2018Editorial: Course Corrections Are Part of Progress
In times of great change there are bound to be course corrections, as evidenced by recent developments related to innovations designed to advance the science of moving trucks down the road.
August 2, 2018US Electric Vehicle Charging Market Could Reach $18.6 Billion by 2030
Falling prices and government mandates are set to boost sales of electric vehicles globally, making owning and operating charging infrastructure an attractive area for investment.
August 2, 2018Volkswagen Posts Profit Increase, Cautions Against ‘Protectionism’
FRANKFURT, Germany — Volkswagen said its earnings rose in the second quarter on record sales and fatter profit margins but warned that “growing protectionism” is a threat to the globally connected car industry.
August 1, 2018Marathon Reports $1 Billion in 2Q Earnings
Marathon executives touted earnings of more than a billion dollars in the second quarter this year and said the oil company is making progress in a proposed merger with a Texas-based refiner.
August 1, 2018Diesel Creeps Up 0.6¢ to $3.226
The U.S. average retail price of diesel crept up 0.6 cent to $3.226 a gallon while crude oil prices jumped higher as Middle East tensions continued.
July 30, 2018What's Next on the Road to Self-Driving Trucks?
Automation in the trucking industry is ramping up quickly. But how will the next levels of automation be deployed? Episode 2 of RoadSigns has the answers. Click to listen.
July 27, 2018New CNG Station Opens in Central Virginia
American Natural Gas announced it opened a fast-fill compressed natural gas station in Lynchburg, Va. The facility will primarily serve CNG tractor-trailers operated from a nearby plant of PepsiCo Inc.’s Frito-Lay division, but it will also be open to the public.
July 27, 2018EPA Reverses Course, Will Enforce Rule Limiting Production of Glider Trucks
U.S. Environmental Protection Agency acting Administrator Andrew Wheeler has reversed a controversial decision made earlier this month that would have allowed the proliferation of glider kit trucks until the end of 2019.
July 27, 2018Daimler AG’s Board Approves Restructuring Aimed at Mastering Rapid Change
Daimler AG announced its board has approved a restructuring, first discussed in 2017, that would create three independent units under Daimler’s umbrella as a holding company after the most thorough due diligence in the company’s 130-year history.
July 27, 2018