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Road and Rail Trucking

  • SAN FRANCISCO, June 15- Uber Technologies Inc's drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling $700- billion industry. The San Francisco ride-services giant had planned to disrupt freight hauling by offering a complete...

  • BOLTON, Ontario, June 9- A visit to trucking firm Titanium Transportation helps explain why BlackBerry's stock is once again a darling in Canadian markets, having soared 70 percent in two months. Nestled in an industrial area some 50 kilometers north of Toronto, the trucker is an early adopter of a new BlackBerry fleet-tracking service known as Radar, which uses...

  • June 7- Navistar International Corp posted a quarterly loss, compared with a year-ago profit, partly due to a $60 million charge related to used-truck inventories and said it expected overall market conditions to improve in the second half. Revenue in Navistar's truck business, its biggest, fell 5.5 percent to $1.40 billion in the second quarter ended April 30.

  • Electric pickup demand

    CNBC's Phil LeBeau reports on the trend of electric vehicles coming to the pickup truck space with the Workhorse.

  • Daseke now offering stock perks for truck drivers

    CNBC's Morgan Brennan reports the trucking industry is having a difficult time finding and keeping drivers, which is one of the key reason's Daseke went public last year and is now offering employees stock incentives.

  • Technology could be threat to truckers: Goldman Sachs report

    CNBC's Morgan Brennan report on Goldman Sachs' economic research report that trucking jobs could take a loss due to technology.

  • SAN FRANCISCO, May 18- Venture capitalists have poured $18 million into a startup that is helping to digitize the long-haul trucking industry, the latest sign that Silicon Valley is eager to take a piece of a $700 billion- a-year sector that has long relied on pencil and paper. San Francisco- based startup KeepTruckin said on Thursday it raised $18 million in a...

  • SAN FRANCISCO, May 11- Uber Technologies Inc hired the team behind a Chicago transportation brokerage last fall as part of an effort to break into the long-haul trucking industry. Uber Chief Executive Travis Kalanick posted a photo on Twitter on Sunday of a large white truck emblazoned with the words Uber Freight. Since launching its push into trucking about a...

  • Trucking a great way to play infrastructure:  Mario Gabelli

    Mario Gabelli, GAMCO Investors chairman & CEO, talks about his plays on infrastructure through the trucking sector and Waste Management.

  • SAN FRANCISCO, May 3- A U.S. judge on Wednesday said he had not seen clear evidence that Uber Technologies Inc had conspired with an engineer on its self driving car program to steal trade secrets from Alphabet Inc's Waymo, and that he was wrestling with whether to issue an injunction against the ride service. At a hearing in San Francisco federal court, U.S.

  • SAN FRANCISCO, May 3- An Uber Technologies Inc engineer at the center of a Silicon Valley self-driving technology theft lawsuit received more than $250 million worth of Uber stock which began vesting the day after he left Alphabet Inc's Waymo, lawyers for Waymo said in court on Wednesday. The ride-services company is contesting Waymo's accusation that former...

  • Ryder CEO: Stock drop is a 'cyclical downturn'

    Robert Sanchez, Ryder CEO, discusses his company's missed earnings as the stock continues to drop, as well as turnaround plans.

  • Elon Musk, pictured here in 2008, grew up surrounded by books.

    James Albertine, Consumer Edge Research, discusses the announcement that Tesla will be unveiling a semi truck in the fall.

  • Musk: Tesla semi truck to unveiled in September

    CNBC's Phil LeBeau reports the latest news from Tesla as Elon Musk takes to Twitter to announce the release for its semi truck.

  • *Financials decline ahead of bank earnings later this week. NEW YORK, April 10- U.S. stocks ended a choppy session slightly higher on Monday as gains in energy shares offset losses in financials ahead of quarterly corporate earnings later this week. Secretary of State Rex Tillerson said on Sunday the military strikes against Syria over its alleged use of...

  • NEW YORK, April 10- U.S. stocks were higher in choppy trading Monday as gains in energy shares offset losses in financials ahead of quarterly earnings later this week. The index is currently trading at 17.4 times forward earnings estimates, above its long-term average of 15, according to Thomson Reuters data. JPMorgan, Citigroup and Wells Fargo are scheduled to...

  • JPMorgan, Citigroup and Wells Fargo are scheduled to report earnings on Thursday and could throw some light on the U.S. banking industry's performance amid a rally in financial shares since the election of President Donald Trump. "The financial sector has been a darling performer since the election and we've seen some of that performance retreat in the last...

  • April 10- U.S. stocks were set to gain the most in nearly two weeks late-Monday morning as higher oil prices lifted energy stocks, while investors braced for big banks to kick off the first-quarter earnings season later in the week. JPMorgan, Citigroup and Wells Fargo are scheduled to report earnings on Thursday and could throw some light on the U.S. banking...

  • *Brent crude prices rise above $55/ barrel. JPMorgan, Citigroup and Wells Fargo are scheduled to report quarterly earnings on Thursday and could throw light on the U.S. banking industry's performance amid a rally in financial shares since the election of President Donald Trump. "It looks like the start of a quiet holiday week after an underwhelming Friday, where...

  • *Brent crude rises above $55/ barrel. Investors are keenly watching the quarterly results to justify lofty market valuations following a post-election rally, sparked off by bets that President Donald Trump would introduce pro-growth policies. "It looks like the start of a quiet holiday week after an underwhelming Friday, where much could have happened but...