Tesla Unveils Electric Truck, Semi, but Widespread Adoption Among Truckers Unlikely in the Near Term
Tesla unveiled its highly anticipated heavy-duty electric truck, Semi, on Nov. 16, and production will begin in 2019. CEO Elon Musk provided preliminary details, but information remains limited, including the sticker price. From a high-level view, Tesla claims Semi’s average cost per mile will be $1.26 compared with $1.51 for a traditional diesel truck; we take this to mean a fully laden Class 8 tractor-trailer combination. All in, including items like leasing and maintenance costs, the firm est...Old Dominion Freight Line is a less-than-truckload (LTL) motor carrier providing regional, inter-regional and national LTL services, which include expedited transportation. In addition to the company's primary LTL services, the company provides a range of services including container drayage, truckload brokerage and supply chain consulting. The company also provides access to its systems through multiple gateways that provide its customers and employees flexibility and access to information. The company employs vehicle safety systems, on-board and hand-held computer systems, freight handling systems and logistics technology to reduce costs and transit times.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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