Transport Topics
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Elon Musk described autonomous-driving technology as “transformative” to Tesla Inc. in a call aimed at ginning up interest in the electric-car maker’s debt and stock offering of about $2 billion, according to two people who dialed in.
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Universal Logistics Holdings Inc., an asset-light transportation and company, acquired Michael’s Cartage Inc., according to an April 22 news release. Terms were not disclosed.
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Ryder System posted higher earnings and strong sales growth in its dedicated and supply chain solutions businesses for the first quarter of 2019.
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The Kentucky Trucking Association will host its Truck Driving Championships on May 17-18 at Kentucky Speedway in Sparta.
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