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Feature Article

11/17/2017 - 12:16pm By: The Fly

Shares of third-party logistics and trucking companies are in focus after Tesla (TSLA) unveiled its electric semi truck and Amazon (AMZN) launched a new trucking app. SEMI TRUCK REVEAL: Tesla CEO Elon Musk unveiled the company's anticipated Class 8 electric semi on Thursday, announcing the truck will be able to drive for 500 miles per charge and accelerate from 0 to 60 in 20 seconds with an 80,000 pound load. Musk said the truck, which is now able to be reserved online for $5,000, will be in production by 2019 and also guaranteed the truck won't break down for a million miles as it features four motors. The company also revealed a new Roadster sports car at the event. J.B. HUNT, WAL-MART TO TRY TESLA TRUCKS: J.B. Hunt Transport Services (JBHT) announced that it reserved multiple Tesla Semi tractors. The company plans to deploy...

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