Amazon Threat Overshadows What Should Be a Good Quarter for FedEx

FedEx will report earnings after the bell yesterday at the NYSE, and investors will be watching closely for details about the delivery giant’s important holiday season. FedEx and rival United Parcel Service (UPS) have come under investors' scrutiny lately, thanks to Amazon.com. The e-commerce giant, once a blessing, has now become a threat, especially as it looks

Uber debuts Uber Freight Plus to lower operating costs for carriers

Uber is sweetening the pot for its Uber Freight offering aimed at commercial trucking. The company is launchingUber Freight Plus today, a program designed to help alleviate costs around some of the more expensive aspects of owning and operating a transport vehicle, including fuel, tire and maintenance discounts, as well as new

Kenya Publishes Rules for Operating Drones

Nairobi - The Kenya Civil Aviation Authority (KCAA) has published regulations for the commercial use of unmanned aerial vehicles - commonly known as drones. In an advert placed in the local dailies, KCAA Director General Gilbert Kibe stated that an operator of a remotely piloted aircraft system is expected to register

Toyota Takes Self-Driving Cars Off Road After Uber Accident killed woman in Arizona

Toyota EV The fatal accident involving an autonomous vehicle operated by the ride-hailing service Uber has prompted one automaker to temporarily halt its testing of self-driving cars on public roads. The accident on Sunday night in Tempe, Arizona, prompted Uber to halt its tests on the streets of four cities: Tempe, Pittsburgh, San Francisco

“Made in China” e-buses to be used in world’s 1st all-electric long-distance routes

Berlin (Xinhua) - German intercity bus company FlixBus is investing in e-buses produced by Chinese bus makers and planning to test them on their long-distance routes for the first time in the world. According to the Munich-based bus company, the first all-electric e-bus will begin test operations between Paris and Amiens, France in

Overloaded heavy duty vehicle owners to pay N10m fine – FG

Owners of overloaded heavy-duty vehicles that ply federal highways will start paying fines ranging from N1m to N10m, the Federal Government has announced. It stated this in an official gazette dated February 6, 2018, entitled: ‘Federal Highways (Control of Dimensions, Weights and Axle Load of Heavy Duty Goods Transport Vehicles) Regulations,

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