TCA
Business, Equipment, Logistics, TCA

FedEx to Buy Up to 50 Planes to Upgrade Feeder Fleet

FedEx Corp.

FedEx will buy up to 50 new turboprop aircraft to launch a modernization of its global feeder fleet.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 8, 2017
Business, Logistics, TCA

AP Moller-Maersk Reports $1.5 Billion Loss in Third Quarter

kees torn/Flickr

Danish shipping and oil group AP Moller-Maersk reported a third-quarter net loss of $1.5 billion, the firm said Nov. 7, citing write-downs in its drilling division and costs from a cyberattack.

DPA | Hamburg, Germany
November 8, 2017
Business, Logistics, TCA

FedEx, Walgreens Say Pickup/Drop Off Service Expanded to More Than 7,500 Walgreens

Phillip Pessar/Flickr

FedEx is in more than 92% of U.S. Walgreens stores, 10 months after the companies announced a push to expand consumer access to package pickup and drop off services.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
November 8, 2017
Business, Technology, Equipment, Autonomous, TCA

Uber Says It Will Bring Its Flying Taxis to Los Angeles in 2020

Uber

In just over two years, Uber says it will let commuters soar over Los Angeles’ snarled traffic in flying taxis.

Tracey Lien | Los Angeles Times
November 8, 2017
Business, Fuel, TCA

Pilot Flying J Ex-President ‘Earned’ Big Bucks, Didn’t Steal Them, Defense Says

Former Pilot Flying J President Mark Hazelwood, photo by Michael Patrick, Knoxville News Sentinel

Former Pilot Flying J President Mark Hazelwood may be the highest-ranking member of the truck stop giant charged in a $92 million fraud scheme, but his defense attorney made clear Nov. 7 just who was in charge.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
November 8, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

First Self-Driving Shuttle on Public Roads to Launch in Las Vegas

AAA

On Nov. 8, Las Vegas residents and visitors will get a chance to hop on the country’s first autonomous shuttle to operate on public roads, thanks to a partnership with AAA.

Erin Baldassari | East Bay Times
November 7, 2017
Business, Technology, Equipment, Safety, Autonomous, TCA

Self-Driving Cars Could Save Lives Even Before They’re Perfected, Report Says

chombosan/Getty Images

Putting self-driving cars on the road sooner rather than later could save hundreds of thousands of lives, according to a report released Nov. 6 by Rand Corp., a Santa Monica policy research nonprofit.

Carolyn Said | San Francisco Chronicle
November 7, 2017
Business, Fuel, TCA

'Greed and Power' Fueled Pilot Flying J Fraud, Prosecutor Says

Former Pilot Flying J President Mark Hazelwood, far left, after being arraigned Feb. 9, 2016, on charges including conspiracy to commit wire fraud and mail fraud as well as witness tampering. Michael Patrick/Knoxville News Sentinel

Mark Hazelwood wasn’t hurting for money. Neither was Pilot Flying J, his employer and the nation’s largest diesel fuel retailer.

Jamie Satterfield | Knoxville (Tenn.) News-Sentinel
November 7, 2017
Business, Technology, Equipment, Autonomous, TCA

Qualcomm Confirms Broadcom’s $100 Billion Buyout Offer

Qualcomm

Qualcomm confirmed Nov. 6 that it received a buyout offer from Broadcom of $70 a share in cash and stock.

Mike Freeman | The San Diego Union-Tribune
November 6, 2017
Business, Logistics, TCA

CVS to Offer Nationwide Next-Day Delivery in Preemptive Shot at Amazon

Christopher Lee/Bloomberg News

CVS Health plans to begin offering next-day delivery of prescriptions and retail merchandise from its nationwide network of more than 9,700 stores, marking a potentially preemptive strike at Amazon as the online giant weighs entry into the pharmacy business.

Nathan Bomey | USA Today
November 6, 2017

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