Author: Vitaliy Dadalyan

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Bitcoin drops after dramatic gains ahead of futures launch

Bitcoin drops after dramatic gains ahead of futures launch

LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse. In a hectic day on Thursday, bitcoin leapt from below $16,000 to $19,500 in less than an hour on the U.S.-based GDAX, one of the biggest exchanges globally, while it was still changing hands at about $15,900 on the Luxembourg-based Bitstamp. Having then climbed to $16,666 on Bitstamp at around 0200 GMT on Friday, it tumbled to $13,482 by around 1200 GMT - a slide of more than 19 percent.


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Is Mexico the Steppingstone to U.S. for Truck OEMs?

Hyundai cabovers are hauling freight in Mexico today. WIll they come to the U.S. next? Photo: Sven-Erik Lindstrand

" width="300">I don't get to the Mexican seaside nearly as often as I need to.* I was an Air Force brat – I went to middle school in Tokyo, of all places. Given that upbringing, I've been sort of programmed to view visits to foreign countries as an opportunity to learn. Although you never really know going in what you'll discover once you're there.

This was exactly the case a couple of weeks ago when I went to Mexico for a Daimler Trucks North America briefing on the state of the Mexican truck market. I learned a lot about the Mexican market, both this year and looking ahead into 2018. Which is important; Mexico is, after all, one of our most important trading partners.

The thing I learned that I wasn't expecting, though, was the extent to which foreign truck OEMs are playing in the Mexican market today. The list of the companies Daimler has to compete against south of the border contains their usual competitors here at home, but it also includes a pretty impressive who's who of companies they currently do not have to tango with stateside, including Chinese OEMs Foton and FAW, South Korea-based Hyundai, and the co-owned European marques MAN, Scania, and Volkswagen.

The presence of those OEMs brings a different set of challenges to the game from an OEM perspective. And it's one reason the Mexican trucking fleet looks so different from makes and models in the U.S. But to me, the interesting thing to consider is that for some (if not all) of these OEMs, it's a good bet that playing in Mexico is the trucking equivalent of dipping your toe in the water if you want to play ...Read the rest of this story

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FMCSA Updates SMS Website with Nov 2017 Results

Screenshot via FMCSA.gov

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The Federal Motor Carrier Safety Administration has updated the CSA SMS website with the Nov. 17, 2017, results.

With these new results, motor carriers participating in FMCSA's Crash Preventability Demonstration Program will continue to see the agency's final determinations on SMS for crashes reviewed as part of the program. Logged-in carriers and enforcement users with crashes determined to be Not Preventable as part of the program can view measures and percentiles calculated both with and without those crashes.

Earlier this year the FMCSA launched a demonstration program to enable motor carriers to dispute the determination of certain truck crashes as “preventable.”

In addition, carriers can review statistics on Requests for Data Reviews submitted during the first quarter of the program on FMCSA's website. A list of final Not Preventable determinations is also available, which will be updated monthly.

If at any time during the program, a party can refute a determination with documentation, they are instructed to send it to [email protected]. The FMCSA may revise final determinations after consideration of additional information received.

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