Elon Musk, Tesla Break Ground on China Plant, First Outside US
After four years of planning, Tesla Inc. finally broke ground on its planned $5 billion factory in the world’s biggest auto market, China. But the timing couldn’t be more inauspicious.
January 7, 2019Infrastructure, Trade Loom Large for Trucking in the New Year
Infrastructure and trade loom large for trucking in the year ahead as freight carriers adjust to a slower, but still positive, rate of economic growth in 2019, according to industry experts interviewed by Transport Topics.
January 4, 2019Volvo Trucks to Take $780 Million Charge Over Emissions Flaw
Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.
January 4, 2019Tesla Said to Be Close to Model 3 Approval for Europe Sales
Tesla Inc. has yet to obtain approval from authorities in Europe to begin selling the Model 3 in the region, though this isn’t expected to impede the carmaker from starting deliveries next month, according to a person familiar with the matter.
January 4, 2019Bestpass Hits Milestones for Transponders, Customers
Bestpass, a provider of single-source payment and streamlined toll management services for commercial fleets, announced it has surpassed 500,000 active transponders within its nationwide toll coverage network.
January 4, 2019Robots Aren’t Yet Killing Off All Our Jobs, World Bank Says
The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by machines.
January 3, 2019Factory Gauge Tumbles by Most Since 2008 as Orders Cool
A gauge of U.S. manufacturing plunged last month by the most since October 2008, a fresh sign of deceleration in the economy amid global strains across the sector. U.S. stocks extended declines and Treasury yields fell after the report.
January 3, 2019Global Factory Slump Adds to 2019 Central Bank Challenges
Manufacturing gauges across the world’s largest economies stumbled at the end of last year, starting 2019 with fresh challenges for global growth and central banks.
January 2, 2019Tesla Sinks After Cutting Model 3 Price as Deliveries Disappoint
Tesla Inc. plunged in early trading Jan. 2 after delivering fewer Model 3 sedans than analysts expected in the fourth quarter and cutting prices to partially make up for the federal tax credit that’s been halved in the U.S.
January 2, 2019Discover the Top Fleet Management Trends Powered by Location Technology
Learn how to take advantage of real time analytics and route optimization tools, new trends in driver behavior analysis to enhance safety, and how location data and services can position your business as the fleet and logistics solutions provider of choice.
January 1, 2019