Transportation News
Explore the latest news from the transportation sphere including car reviews, coverage of the leading automakers, topics on self-driving, autonomous EVs, drones, logistics, etc.
Transportation involves the movement of individuals and goods from one place to another. The transportation industry features a class of firms, businesses, and organizations that deal with the provision of transport services to customers across the world. Transport frameworks, by the portability they give, are firmly identified with financial changes with time.
As per Global Industry Classification Standard, the transportation industry comprises firms that operate and offer services relating to the transfer of people and products through road, airlines, marine, rail, air freight, and logistical means.
Just like every other industry, the evolution of the transport industry has featured the use of several means and modes, from the use of canoes and boats to rails, cars, cargoes, airplanes, etc. and has become more efficient while dealing with new complexities. However, economic doors are more likely to be opened where transportation frameworks can guarantee access to business sectors and assets.
The exhibition of firms in the transportation business is mostly subject to changes in organizational profit and the cost of moving products and services from one place to another. Some of the primary elements influencing organizational profit include the cost of fueling machines, work costs, service demand rate, geopolitical occasions, and supervisory measures and guidelines by the government. Notably, a large number of these components are related. For instance, if some government decides to impose laws and guidelines that make it hard for individuals to secure their corporate drivers’ permit, the number of drivers in the country will see a massive reduction and consequently increase the expense of employing commercial drivers.
Logistics news
Stay tuned to Coinspeaker to get the latest transport industry news and information we take you closer to the world of transportation whose great potential has continued to entice and attract new investors and stakeholders.
On Monday, Lordstown Motors stated that they will start customer deliveries in Q1 2022. RIDE stock is up.
The proceeds obtained from the auction will be donated to Blue Origin’s education-focused nonprofit Club for the Future.
Unlike conventional in-flight internet providers which have a few satellites orbiting at about 36,000 km above the earth, SpaceX has close to 1,800 satellites orbiting at only 550 km above the earth.
Considering Plaid’s features are unrivaled, Tesla has increased its price by $10,000 to around $130,000, higher than the preceding Model S, which went for $79,990.
Northvolt plans to acquire more renewable energy sources and recycled raw materials to accelerate the production of “the world’s greenest batteries”.
Jeff Bezos’ brother and best friend Mark Bezos to join him on an 11-minute commercial flight to space.
The potential deal between Apple and the duo of CATL and BYD will advance the former’s self-driving EV car agenda if it pulls through.
China is a crucial hotspot for Tesla, accounting for 184,800 new cars the company delivered in the first quarter of 2021. Wedbush Analyst, Dan Ives sees an outperformance for the company this fiscal year.
Elon Musk said that the upcoming Plaid version is so good itself that he sees no point in launching any premium upgrade for the same.
The IIAS is expected to explore the space using the Virgin Galactic’s new scientific research benefits and applications that are available for human-tended research experiments.
Following the latest news, Tesla (TSLA) stock closed Wednesday with a 3% fall. The dip continued during Thursday’s pre-market.
Daymak has built its own crypto infrastructure Nebula along with Nebula wallets to power up the crypto mining process. The Toronto-based company has started accepting pre-order for its Spiritus electric car in digital currencies.
The price update happened due to a significant increase in prices for raw materials as well as other tensions within the automotive industry. Back in April, Elon Musk stated that they had some issues with the supply chain. Now, the company has the same problems.
Tesla stock jumped approximately 271% in the past 12 months but has dropped approximately 14.06% year-to-date.
Virgin Galactic has already sold about 600 reservations for tickets on future tourist flights, at prices between $200,000 and $250,000 each.