05 Nov Class 8 Orders Spike in October Preliminary net Class 8 orders for October, typically a bellwether month, were nearly 40,000 and the highest in 24 months, ACT Research reported. Read more...
05 Nov VW CEO Diess Says Existential Electric Race Awaits After Pandemic Volkswagen AG CEO Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term. Read more...
05 Nov Volvo Plans to Sell First Heavy-Duty Electric Trucks in 2021 Volvo Group has announced plans to sell electric versions of its heavy-duty trucks starting in Europe in 2021. Read more...
05 Nov Volvo Plans to Sell First Heavy-Duty Electric Trucks in December Volvo Trucks North America announced it will begin selling its Volvo VNR Electric model Dec. 3 as production at its New River Valley manufacturing plant in Dublin, Va., is slated for early 2021. Read more...
05 Nov CVSA Issues Bulletin to Mitigate False Inspection Violations From ELD Data Transfers Technical issues that have been causing problems with the transfer of data from electronic logging devices to equipment used by roadside inspectors to check drivers’ hours-of-service records are the subject of a bulletin issued by the Commercial Vehicle Safety Alliance and are being studied by a pair of industry vendors. Read more...
04 Nov Stocks, Bonds Rally as Election Bets Retooled After a wild election night sowed confusion across U.S. markets, investors frantically bid up stocks Nov. 4, sending major averages to the biggest rallies in five months, as they grew more confident that the tightly contested outcome would ensure key elements of the bull market remain intact for years to come. Read more...
04 Nov Judge ‘Shocked’ at Postal Service, May Order DeJoy to Testify Postmaster General Louis DeJoy may have to testify under oath about his agency’s failure to follow court orders to avoid delivery disruptions for mail-in ballots during the election. Read more...
04 Nov Arkansas Approves Sales Tax; Rideshare Drivers Score Win in California Although the next occupant of the White House remained unclear the day after the election, certain transportation-related issues were definitively settled at the state level Nov. 3. Read more...
04 Nov House Transportation Chairman Peter DeFazio Wins Re-Election Rep. Peter DeFazio beat back political newcomer Alek Skarlatos’ challenge to win another term as the federal legislator in Oregon’s 4th District. Read more...
04 Nov Ryder Looks to Advance Tech With Venture Capital Fund Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2. Read more...