Berkshire Hathaway Inc. added positions in materials manufacturer Louisiana-Pacific Corp., investment bank Jefferies Financial Group and chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd. d...
Tag: Trucking
Resolving Trucking Industry’s Slow Payment Settlements Through Tokenization
Ever evolving tech is revolutionizing even the traditional activities and bringing an unorthodox way to do the same. Trucking industry could be counted as one such entity. Even today, most of the task...
DeFi at the crossroads of the trucking industry to ensure efficient payments
The trucking industry is one of the most important sectors in the world. According to recent statistics, the global freight trucking market was worth over $2.7 trillion in 2021. In addition, it’s been...
5 Emerging Market ETFs That Limit China Investments
Chinese President Xi Jinping’s unprecedented third term as head of the ruling Communist Party rattled investors who see his stacking of loyalists as less than friendly to markets. Some China-focused e...
TSMC’s stock slumps after reported diss of U.S. chip efforts; industry downgrades also weigh on sector
Chip stocks lagged behind the broader market Monday following one report that Taiwan Semiconductor Manufacturing Co. is pessimistic about U.S. efforts to build domestic capacity, and another that said...
XPO Logistics (XPO) releases preliminary 3Q results
The XPO Logistics Inc. logo on a truck departing the company’s distribution hub in Barcelona, Spain, on Thursday, May 12, 2022. Angel Garcia | Bloomberg | Getty Images Trucking company XPO Logis...
Taiwan Semi reports stronger-than-forecast profit
Third-party silicon-wafer manufacturer reported Taiwan Semiconductor Manufacturing Co. reported a stronger-than-forecast 80% increase in profit for the third quarter. The chipmaker said earnings rose ...
Gatik Goes Driverless In Canada For Grocery Giant Loblaws
Autonomous trucks with no safety driver provided by Gatik are making deliveries for grocery and … [+] pharmacy company Loblaws Companies Limited. steho.ca There’s something missing in the ...
Ocean shipping orders are signaling a big drop in consumer demand
For the marine shipping industry to cut its carbon footprint in half by 2050, promising technology will need to become reality, and efficiency gains will need to increase as well. Lucy Nicholson | Reu...
Amazon Will Power Trucks With ‘Electrofuel’ Diesel To Curb Carbon Emissions
Little room for error: An Amazon Prime truck driver attempts a turn in Los Angeles. AFP via Getty Images Amazon, with a massive fleet of tens of thousands of delivery vehicles, will begin using a new,...
The Latest U.S.-China Worry: Another Ramp-Up in the Tech Cold War
Text size Wang Zhao/AFP via Getty Images The already-fractured U.S.-China relationship could worsen as the U.S. rolls out more restrictions aimed at curbing China’s access to technology and investment...
Why Betting On Radiant Logistics Makes Logical Sense
(Photo by Joe Raedle/Newsmakers) Getty Images Radiant Logistics (RLGT) released preliminary operating results for Q4 of 2022 last night. Revenue for the period climbed 54.6% from the prior year to $39...
Volvo starts series production of heavy-duty electric trucks
This image shows workers at Volvo Trucks’ plant in Sweden. Volvo Trucks Volvo Trucks said Wednesday that production of three heavy duty electric truck models was now underway, with its president...
Taiwan Semiconductor Is a Top Pick in a Weak Chip Market, Says Analyst
Text size The Taiwan Semiconductor Manufacturing building in Taichung, Taiwan. I-Hwa Cheng/Bloomberg Bernstein believes investors should look through any immediate hiccups and focus on Taiwan Semicond...
Elon Musk Has a Solution for the Energy Grid. And He’s Probably Right.
Text size Tesla sells more than just cars. It sells battery storage solutions to utilities around the globe. Melissa Sue Gerrits/Getty Images Heat, climate change, renewable power, and the grid are al...
12 semiconductor stocks bucking the downcycle trend
Semiconductor stocks have been great outperformers over long periods, but their movement this year underscores how cyclical the industry can be. Here is a look behind the numbers that are driving down...
Gatik Notches Yet Another Major Customer In Pitney Bowes, With Latest Automated Trucking Deployment In Dallas
Gatik’s autonomous class 6 fleet will establish a continuous, operational loop across the Pitney … [+] Bowes e-commerce logistics network in Dallas, making multiple deliveries per day. Gatik Gat...
Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners
After two years of unprecedented chip sales and demand related to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor industry, but some markets are still performing strongly — ...
U.S. freight rates have peaked, another signal inflation is easing
Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. David Paul Morris | Bloomberg | Getty Images U.S. freight rates increased 28% year over year, but ...
Opinion: Semiconductor companies have split into two groups — the resilient and the risky
Semiconductor industry CEOs this week celebrated on the White House lawn as the long overdue Chips and Science Act was signed into law by President Biden. While there is still contention on the bill, ...
Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...
Stock Market Today: Dow Futures Slip as Pelosi Goes to Taiwan, BP Stock Surges
Text size House Speaker Nancy Pelosi is set to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images Stocks were slipping Tuesday amid rising geopolitical tensions, as House Speaker Nancy Pelosi is ...
Opinion: The FAANMGs have been whittled down to the fantastic four
The anticipation of second-quarter Big Tech earnings was palpable. With a broad set of indicators pointing to a slowdown in the global economy, the highest inflation in four decades and a big jump in ...
Semiconductor stocks have bounced from 2022 lows — and analysts expect upside of at least 28% in the next year
For investors aiming to take advantage of stock market declines, the obvious question is: How far is too far for stocks to fall? The semiconductor industry, a standout performer during the reopening o...