Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric car market.
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Shanghai Tesla Factory Key to CEO Elon Musk’s Ambitions
Adoption of FA-4 Engine Oils Has Been Slow, but Early Tests May Point to Future Acceptance
The American Petroleum Institute’s latest heavy-duty engine oil standards, designated CK-4 and FA-4, have been on the market for more than two years, but only CK-4 lubricants have by and large replaced the previous CJ-4 formulation.
Walmart Capable of Matching Amazon’s One-Day Pledge, Analyst Says
Walmart Inc. could easily match Amazon.com’s one-day delivery gambit, according to an analyst who worked at the world’s largest retailer.
Marten Transport Posts Record Results in First Quarter
Marten Transport Ltd. reported its best first-quarter operating revenue in the company’s 73-year history, according to an April 16 news release.
Amazon Will Spend $800 Million to Move to One-Day Delivery
Amazon.com will spend $800 million in the current quarter to increase delivery speed for Prime members to one day from two, the company announced April 25.
Amazon’s Profit Surges on Cloud Computing, Advertising Gains
Amazon.com reported quarterly profit that exceeded analysts’ estimates, demonstrating the company’s focus on cloud computing, advertising and other high-margin businesses continues to pay off.
TFI International Reports Record Results for 1Q
Another quarter, another record for TFI International when the Montreal-based conglomerate released its first-quarter financial report April 23.
Old Dominion Posts Record Per-Share Results in 1Q
Old Dominion Freight Line beat the Wall Street consensus estimate on its earnings per share when the Thomasville, N.C., less-than-truckload carrier reported first-quarter results April 25.
New York City to Limit Cars, Trucks on 14th Street in Traffic-Cutting Experiment
In an 18-month experiment, the city plans to limit car and truck traffic from a six-block stretch of the road, establishing a corridor featuring express buses, wide bike lanes and pedestrian-friendly walkways. The bus service will start in June.
Walmart Creates Supply Chain to Stock 500 US Stores With Angus Beef
Walmart, The nation’s biggest grocer has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its U.S. stores beginning later this year.