Transport Topics
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Demand for Tesla Inc’s Model 3 sedan is expected to remain soft in the United States until the release of the lower-priced $35,000 model next quarter, Cowen analyst Jeffrey Osborne said.
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Turkey’s Yilport Holding AS is in advanced talks to buy a container terminal in Long Beach, Calif., a deal that would value the facility at close to $2 billion, people with knowledge of the matter said.
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President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.
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A.P. Moller-Maersk A/S is about to conduct the shipping industry’s biggest test yet of biofuel as it seeks to cut emissions and meet its target of becoming carbon-neutral by 2050.
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