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Road and Rail Trucking

  • Startups looks to disrupt $700 billion trucking industry

    Technology is finally shaking up the way goods are shipped, reports CNBC's Morgan Brennan.

  • CALGARY, Alberta, Aug 14- M&G Investment Management Ltd, the largest shareholder in Canada's Gibson Energy, on Monday urged the Calgary- based oil and gas infrastructure company to launch a strategic review process to cut costs and boost returns. Monday's letter, signed by M&G's Global Dividend Fund manager Stuart Rhodes, said the fund had been trying to apply "...

  • CALGARY, Alberta, Aug 14- M&G Investment Management Ltd, the largest shareholder in Canada's Gibson Energy, on Monday urged the Calgary- based oil and gas infrastructure company to launch a strategic review process to cut costs and boost returns. Monday's letter, signed by M&G's Global Dividend Fund manager Stuart Rhodes, said the fund had been trying to apply "...

  • A scene from the film "RV" starring Robin Williams.

    Want to see the country and make a few bucks as well? Follow these tips to learn the best ways to become a cross-country driver.

  • SAN FRANCISCO, Aug 9- Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in "platoons" that automatically follow a lead vehicle, and is getting closer to testing a prototype, according to an email discussion of potential road tests between the car company and the Nevada Department of Motor Vehicles, seen by Reuters.

  • SAN FRANCISCO, Aug 9- Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in "platoons" that automatically follow a lead vehicle, and is getting closer to testing a prototype, according to an email discussion of potential road tests between the car company and the Nevada Department of Motor Vehicles, seen by Reuters.

  • Electrification will be the next big step for trucking companies, Meritor CEO says

    Jim Cramer spoke with Jay Craig, the CEO of truck component company Meritor, about what's ahead for the strengthening trucking space.

  • Don't try this: Thieves steal iPhones from moving truck

    Five Romanian men suspected of stealing iPhones worth $590,000 in a dangerous heist on a moving truck were arrested Saturday.

  • SAN FRANCISCO, July 25- Convoy, an app connecting truck drivers with loads of freight, has raised more than $60 million as startup investors double down on technology bets to transform the long-haul trucking industry. The funding round was led by Y Combinator, a technology startup accelerator based in Silicon Valley, Convoy Chief Executive Officer Dan Lewis...

  • NEW YORK, July 3- U.S. market watchers on Monday received a bullish sign to kick off the second half of the year as the closely followed Dow transports set record highs for the first time since March 1. The 20- component index eclipsed its March 1 intraday record of 9,639.33, rising as high as 9,681.88 during the session. It also tallied its first closing high since...

  • 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.