Aerospace and Defense
Chinese Space Station Tiangong-1, Falling Back To Earth
Chinese space station Tiangong-1 is expected to re-enter the Earth’s atmosphere sometime between March 30 and April 2. According to Chinese officials in a May 2017 report, the station, which had been put in orbit ... [Read]
Transportation & Logistics
Fedex Reserves 20 Tesla Semi Trucks
Yesterday, multinational courier service company Fedex Corporation (NYSE:FDX) announced that it has reserved 20 of Tesla’s (Nasdaq:TSLA) fully electric semi trucks. The Class 8 trucks, which are set to begin production in 2019, will be ... [Read]
Transportation & Logistics
Texas Bombings – Package Explodes at Texas FedEx Facility
There have been a series of Texas bombings this month, with the latest occurring inside a FedEx facility, just outside San Antonio on Tuesday, March 20. FedEx (NYSE:FDX) Explosion: What Do We Know? On March ... [Read]
Farm & Construction Machinery
Caterpillar To Close Two Facilities, Cut Up to 880 Jobs
As part of its previously announced restructuring, heavy-duty equipment maker Caterpillar Inc. (NYSE:CAT) announced today that it plans to close two facilities and may even shut down its engine manufacturing plant in Illinois. This would ... [Read]
Aerospace and Defense
Money is Running Out for NASA’s International Space Station, and Boeing are Seeking Private Funding
It’s no secret that NASA has been struggling financially over the years. Government funding has been repeatedly cut, and now President Trump has requested that their already meager budget focuses more on the development of ... [Read]
Aerospace and Defense
Boeing Stocks Down As China Threatens Retaliation Over Trump Tariff
Stocks in U.S. aerospace giant Boeing (NYSE:BA) have been hit today over fears that China could retaliate to President Trump’s potential tariffs on Chinese goods. Boeing stocks are currently priced at $330.29 USD, down -2.47% after ... [Read]
Aerospace and Defense
Boeing Stocks on the Rise as SaudiGulf Airlines Consider 787 Purchase
Stocks in aerospace giant Boeing (BA) are rising today following news that SaudiGulf Airlines are considering a deal involving the 787 Dreamliner aircraft. The privately owned airline – Saudi Arabia’s youngest – is expanding its ... [Read]
Engineering and Construction
Shares of Chicago Bridge & Iron Plunge after Announcing Merger with McDermott International
Over the course of the past two days, there have been a few stocks that have increased as shareholders await the results of the bill that could potentially cut taxes. Congress is thought to vote ... [Read]
Transportation & Logistics
UPS Orders 125 Tesla Trucks
UPS (NYSE:UPS) just placed the largest order of the new Tesla (NASDAQ:TSLA) Semi-electric trucks rolled out by Tesla. Just beating PepsiCo’s (NYSE:PEP) recent 100 vehicle order from a week ago, the global shipping giant pre-ordered ... [Read]
Transportation & Logistics
UPS Believes Blockchain is the Future of the Shipping Industry
The use of blockchain technology could be a way to improve the current supply chain for deliveries, as it would be able to provide a cheaper and more efficient logistics management system. UPS (NYSE:UPS) is ... [Read]