05 Jun Senate Panel Seeks Input From Passenger Transportation Sector Stakeholders representing the passenger transportation sector were asked by the Senate Commerce Committee to share concerns about the impact from the coronavirus pandemic. Read more...
05 Jun Oil Rallies With Strong Jobs Data Adding to OPEC+ Cut Optimism Oil headed for a sixth weekly gain after OPEC+ reached a tentative agreement to prolong its record production cuts and U.S. jobs data was better than expected. Read more...
05 Jun McLeod, Vector Partner to Expedite Fleet, Billing Operations Vector and McLeod Software have formed a partnership to accelerate fleet and billing operations for truck drivers and back office teams. Read more...
05 Jun US Unemployment Drops Unexpectedly to 13.3% The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers faster than economists had predicted. Read more...
04 Jun Montana County Votes for Local Gas Tax Voters in Missoula County, Mont., recently approved a gas tax as a way to finance local transportation projects. Read more...
04 Jun GM to Build All-Electric Work Van; Production Set for Late 2021 General Motors Co. will build another all-electric vehicle at its Detroit-Hamtramck plant as it sticks to its goal for an all-electric future. Read more...
04 Jun Werner Enterprises Founder Retires From Role as Executive Chairman Werner Enterprises founder Clarence L. Werner has stepped down from his role as executive chairman, the company announced June 2. Read more...
04 Jun Port Slowdown Affects Workers Who Rely on Cargo, Leaders Say Port leaders are raising caution the decline in business at their facilities could affect those whose employment relies on the flow of goods. Read more...
04 Jun Navistar Q2 Results Tumble in Pandemic Navistar International Corp. posted a narrower fiscal second-quarter net loss and about a $1 billion drop in revenue as key business segments and its supply chain were disrupted by the novel coronavirus pandemic. Read more...
04 Jun Study: Autonomous Vehicles Won’t Make Roads Completely Safe A new study says that while autonomous vehicle technology has great promise to reduce crashes, it may not be able to prevent all mishaps caused by human error. Read more...