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Wall Street eyes strong open as reports fuel trade deal hopes

Companies with a large exposure to China rose in premarket trading. Apple Inc was up 1.1%, while chipmakers Nvidia Corp, Intel Corp and Advanced Micro Devices Inc gained about 1.5% each. China was still open to agreeing to a partial trade deal with the United States, Bloomberg reported, despite the inclusion of top Chinese artificial intelligence startups in a trade blacklist. …read more […]

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UPS hits the gas on greener delivery truck fleet

Starting next year, there will be a lot more “green” in those brown UPS delivery trucks. United Parcel Service Inc on Wednesday announced plans to buy more than 6,000 natural gas-powered trucks over three years and step up purchases of renewable natural gas (RNG) as part of a new $450 million investment to reduce the environmental impact of its 123,000-vehicle fleet. The latest move from the world’s largest package delivery firm comes as utility companies, investors and others seek to expand the use of RNG – which is derived from decomposing organic matter such as cow manure on …read more […]

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Trading Ideas

UPS hits the gas on greener delivery truck fleet

Starting next year, there will be a lot more “green” in those brown UPS delivery trucks. United Parcel Service Inc on Wednesday announced plans to buy more than 6,000 natural gas-powered trucks over three years and step up purchases of renewable natural gas (RNG) as part of a new $450 million investment to reduce the environmental impact of its 123,000-vehicle fleet. The latest move from the world’s largest package delivery firm comes as utility companies, investors and others seek to expand the use of RNG – which is derived from decomposing organic matter such as cow manure on …read more […]