As a result of the COVID-19 pandemic, the American Trucking Associations has cancelled the National Truck Driving Championships and National Step Van Driving Championships, which were scheduled to take place Aug. 19-22 in Indianapolis. ...
Researchers at McGill University in Montreal, Quebec, are taking a different look at how to replace our reliance on fossil fuels – metal particles. ...
(Bloomberg) -- The world’s largest oil producers are inching closer to an unprecedented global deal to rescue the energy industry from collapse after the U.S. said production will drop dramatically.While the forecast reflects what President Donald Trump has called an “automatic” reduction by U.S. explorers, not a commitment from the world’s top producer, it helps pave the way for Saudi Arabia and Russia to coordinate output cuts at Thursday’s virtual OPEC+ meeting, and seek cooperation from other nations in a Group of 20 conference call on Friday.Their actions will determine whether the world continues to drown in a flood of oil that’s starting to overwhelm storage tanks and force a wave of abrupt production shutdowns at a time when the Covid-19 pandemic is destroying demand. Concerns that coordinated crude output cuts may not be enough to clear a global supply glut sent U.S. oil futures tumbling 9% on Tuesday, but failure...
(Bloomberg Opinion) -- Watching equities rally strongly for a second consecutive day, pushing the S&P 500 Index at one point to its highest level since March 11, it was hard not to be reminded of one of the most famous lines in movie history, or at least among fans of the Star Wars franchise. In 1983’s “Return of the Jedi,” the rebel alliance mobilizes its forces to destroy the Death Star during the Battle of Endor. But the rebels get ambushed, prompting Admiral Gial Ackbar to shout “It’s a trap!” And, just like that, equities gave up all their gains on Tuesday to post a slight decline.At its highest point on Tuesday, the S&P 500 was up 23% to 2,757 compared with last month’s closing low of 2,237 on March 23. The two main reasons given to explain the rebound are optimism that officials may be getting ahead of the curve in the battle to...
Einride, which says its autonomous, electric Pods have the potential to transform shipping networks, for the first time publicly demonstrated how remote operators can monitor and control multiple Pods from a single remote drive station. ...
