A Kansas man was sentenced to life in prison Monday for the killing of his 7-year-old son, who authorities say was subjected to horrific abuse and was "essentially starved to death" before his ...
Increasing traffic congestion is a big problem. In fact Beyond Traffic 2045, a report released by the former Secretary of Transportation, indicates that the annual cost of congestion delays and lost fuel is $160 billion.
Fixing traffic congestion is beyond the scope of fleet owners, but there are things you can do to help lesson the impact of that congestion on your operation.
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...Read the rest of this storyAs technology continues to advance and competitors continue to emerge, you find yourself looking for ways to stay ahead of the game. Offering your customers visibility into their freight movement is one way to stand out among the crowd. Freight visibility, or load tracking software can be an affordable way of improving efficiencies, customer experience and your overall bottom line. 30% of Shippers are currently requesting that they have visibility into their freight and that percentage is only expected to increase.
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...Read the rest of this storyMannKind Corp. (NASDAQ: MNKD) saw its shares make a massive gain on Monday after it was announced that its One Drop Chrome is now available on Amazon Prime. Overall this is huge of the diabetes testing ...
Oil prices edged down in a volatile trade on Monday despite Saudi Arabia's oil minister saying that he expected OPEC and its partners to consider extending their deal to cut supply possibly into next year to end a global glut. Growing U.S. drilling and production have played a role in undermining the efforts of the Organization of the Petroleum Exporting Countries and non-OPEC producers, such as Russia, to reduce global oil inventories with an output cut of 1.8 million barrels per day (bpd) during the first half the year. News that the curbs may be extended into 2018 fuelled a short-lived rally in the market, but oil gave up the gains quickly amid pessimism on how long it will take to drain brimming oil inventories.
Photo: Tom Berg
">Photo: Tom Berg
">The founder and Chief Executive Officer of Nikola Motor Company suggested today's truck manufacturers face a fate similar to Kodak, which watched its film business collapse during the advent of digital cameras.
“They [Kodak] were so powerful that they never expected to change anything,” Trevor Milton said in an address to the 66th annual meeting of the Quebec Trucking Association. “Why change something that already works?”
His Utah-based company is certainly looking to reinvent the idea of a Class 8 truck, as it looks to produce a hydrogen-powered electric model known as the Nikola One.
One of Kodak's main mistakes was that it focused solely on an existing product without considering a changing environment, he told the crowd. "In the event of a war, for example, the liter of diesel could reach five or seven dollars ... You'll never have to pay that kind of money to run the Nikola One."
Milton also compared the truck's concept to the arrival of the first smartphones, which also took the marketplace by surprise.
Apple combined the iPhone and iTunes to change the way people purchased music. Nikola One's monthly payments will include the price of the truck as well as fuel, maintenance, insurance, and even the windshield wipers. The company plans to develop a related network of hydrogen fueling stations, too.
"In the automotive world, emotions sometimes motivate acquisitions," he said. "But not in trucking. It is only money that dictates decisions.”
"The other companies took a long time to figure out what was happening, and that's what's going to happen with the trucking industry," he said.
Once produced, the Nikola One is expected to travel up to 1,900 kilometers on a single filling of the hydrogen fuel cell system, while delivering 1,000 horsepower and 2,000 lb-ft of torque.
"Other manufacturers are trying to meet the new emissions ...Read the rest of this story
