DETROIT (Reuters) - Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co’s best-selling F-Series pickups and are paying ever-higher prices to buy them. The auto industry is at a crossroads, with the future of legacy automakers like
Author: Casandra Aniemeke
UPS beats revenue expectations, boosted by international, supply chain sales growth
UPS SCS Case Study United Parcel Service Inc. UPS, -0.96% reported Thursday third-quarter net income of $1.26 billion, or $1.45 a share, compared with $1.27 billion, or $1.44 a share, in the same period a year ago. The FactSet consensus for earnings per share was $1.45. Revenue rose 7% to $15.98 billion,
Tesla’s Seat Strategy Goes Against The Grain…For now
SAN FRANCISCO (Reuters) - The seats on Tesla Inc’s new Model X SUV were a mess. An outside contractor was having trouble executing the complicated design, spurring frustration and finger-pointing between Tesla and its supplier. How would Tesla ever pull off mass production of the upcoming Model 3, the car intended to catapult the
Toyota: Committed to Hydrogen Cars Despite Potential ‘Game Changer’ EV battery
Toyota Motor Corp. Executive Vice President Didier Leroy presents the company's Concept-i series as a screen shows the company's President Akio Toyoda during the media preview of the 45th Tokyo Motor Show in Tokyo. TOKYO (Reuters) - Toyota Motor Corp said its solid-state battery technology under development could be a “game
Rolls-Royce And Google Partner To Create Smarter, Autonomous Ships
A new partnership between Rolls-Royce and Google will see ships become smarter and self-learning thanks to advanced machine learning algorithms. It will also bring the company’s vision of a fully autonomous ship setting sail by 2020 a step closer to reality. Rolls Royce announced this month that it will use Google’s
Apapa Gridlock: Only Truck Holding Bays Can Solve It…
Lagos - (Ship & Ports) - Federal Road Safety Corps (FRSC) has suggested that a permanent solution to the Apapa traffic gridlock is the establishment of holding bays to accommodate trucks and articulated vehicles before loading. The Sector Commander, Lagos State Sector Command FRSC Hyginus Omeje, who said this in a chat with
UAE gives Nigerian Airline green light to commence Dubai Operations
Lagos - The United Arab Emirate (UAE) has granted a Nigerian flag carrier, Medview Airlines, the approval to begin flight operations from Lagos - Dubai. The Managing Director of the airline, Muneer Bankole, disclosed that the airline had earlier filed an application to UAE but the application was turned down on the grounds that they
How Harley-Davidson is Trying to Get More People to Ride Motorcycles
2018 Harley-Davidson Fat Bob 114 beauty Harley-Davidson is fresh off a better-than-expected third quarter but the quarter wasn't without its continued challenges, especially in the U.S. market. Shares of the legendary motorcycle maker popped 2% on Tuesday as third-quarter earnings came in at 40 cents a share, beating analyst forecasts of 39
Red Star Express Plc celebrates its 25th Anniversary in Grand Style
File Photo: Activities to celebrate the 25th anniversary of Red Star Express Plc kicked off in grand style at the Head Office on July 11, 2017 when the GMD, Sola Obabori unveiled the fabricated 3D version of the above 25th-anniversary logo. Credit: RSE Corporate Affairs Dept It’s a Silver Jubilee! Lagos -
Bed Bugs On A Plane, British Airways Apologizes To Bitten Passengers
A British Airways flight from Vancouver to London apparently had some additional passengers. No, they weren't humans. (Photo: PASCAL PAVANI/AFP/Getty Images) BBC News - An overnight British Airways flight from Vancouver to London, Heather Szilagyi saw some bed bugs, complained to a flight attendant, but then wasn't allowed to change seats with the