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]
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]
Shares of CSX Corporation Plunge After CEO Takes Medical Leave
On Friday, in premarket trade, CSX Corporation’s shares plunged. What happened? The decline started after the Jacksonville, Florida-based company announced that CEO Hunter Harrison was set to take medical leave due to unforeseen complications from ... [Read]
Will Tesla’s Unfettered Ambition Exacerbate Debt? Elon Musk Has the Answer
As of morning trading, Tesla Inc. (NASDAQ:$TSLA) shares rose as analysts questioned how soon CEO Elon Musk will have to ask creditors and shareholders for more capital to fund development of an electric semi truck, ... [Read]
W.W. Grainger Shares Fall After Amazon Rolls Out Business Prime Shipping
Industrial supplier W.W. Grainger (NYSE:$GWW) has a new enemy – and it’s in the form of a subscription offering from Amazon (NASDAQ:$AMZN). On Tuesday, GWW shares dropped more than 3% to $202.05 after Amazon Business ... [Read]
Why You Should and Shouldn’t Buy Ford Motor Stock Today
One of the most controversial investments at the moment, Ford Motor Company (NYSE:$F) is a cheap buy, but at the price of a massive dividend for an industrial firm. With both bears and bulls arguing ... [Read]
CSX’s Stock Falls Despite Exceeding Expectations in Second Quarter Report
Despite reaching an EPS of $0.64 according to its second quarter report – a much higher number than the average analyst estimate of $0.59 – on Tuesday, July 18th, CSX Corp.’s (NASDAQ:$CSX) stock fell the ... [Read]