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Musk Says Tesla Is ‘Very Close’ to Developing Fully Autonomous Vehicles

July 9, 2020

Category: Vehicles

Tesla Inc.’s Elon Musk said the carmaker is on the verge of developing technology to render its vehicles fully capable of driving themselves, repeating a claim he has made for years but been unable to achieve. The CEO has long […]


Volkswagen’s first LNG-powered car carrier arrives in US

July 1, 2020

Category: Shipping

The Siem Confucius left Emden, Germany on June 16 to embark on its maiden voyage, which includes one stop in the US. In addition to its visit to Davisville, the car carrier will make a stop in Veracruz, Mexico in […]


A flood of surface transportation amendments

June 16, 2020

Highway, transit and rail watchers, strap in for a long Wednesday. The House Transportation Committee is marking up its surface transportation bill and will consider hundreds of amendments that have been introduced so far this week. As of our deadline, […]


Vehicles

Tesla Bull Case Raised Above $2,000 a Share at Morgan Stanley

July 7, 2020

Via: Transport Topics

Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an “extraordinary” rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don’t recommend buying Tesla shares. After better-than-expected delivery numbers in […]


Vehicles

Electric Vehicles Are Starting to Buoy the Global Metals Market

July 7, 2020

Via: Transport Topics

The market gloom over the metals that will power the cars of the future is starting to lift. Supply overhangs and then the coronavirus pandemic had crushed short-term prospects for the minerals used to make rechargeable batteries. But new government […]


Vehicles

Uber to Buy Postmates for $2.65 Billion to Expand Delivery

July 6, 2020

Via: Transport Topics

Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered. The all-stock deal is a […]