European forwarders set for a bumpy ride in automotive logistics, says Ti
The shift to electric in the automotive sector is harming European forwarders and car-carriers, while ...
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WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Those considering Tesla’s Semi may wish to rethink. It’s gone from bad to worse for Elon Musk’s company in less than a year since the announcement of the autonomous truck. Mr Musk has been subpoenaed by the US Securities and Exchange Commission over plans to take his company private. But while he looks to steady the ship, it’s worth considering that this week his Hyperloop system turned five years old. When initially announced, many saw it as daft, however, the intervening period has seen two companies move forward with the development, the most successful to date being Hyperloop One. This piece from CNet delves into the history of the technology.
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