05 Mar US Senators Introduce Flood Detection Bill A group of senators recently introduced legislation that would establish a National Integrated Flood Information System. Read more...
05 Mar Commercial Vehicle Group Partners With Xos Commercial Vehicle Group announced a partnership with commercial electric vehicle manufacturer Xos Inc. to develop sustainability initiatives intended to champion innovation and solutions for growing macro-trends in the marketplace. Read more...
05 Mar Biden Attempts Bipartisan Push for Infrastructure Package President Joe Biden tried to maintain bipartisan momentum for a new infrastructure program by meeting March 4 with Republican and Democratic lawmakers at the White House. Read more...
05 Mar Penske Agrees to Acquire Kansas City Freightliner Penske Automotive Group Inc. announced it entered into an agreement to acquire Kansas City Freightliner, a retailer of medium- and heavy-duty commercial trucks. Read more...
05 Mar Dems Trim Jobless Benefits, Senate Debates Virus Relief Bill Democrats agreed March 5 to pare back emergency jobless benefits but extend them for an extra month, bidding to solidify support as the Senate approached a voting marathon on a $1.9 trillion COVID-19 relief bill. Read more...
05 Mar Export Boom Drives Canada’s Largest Trade Surplus Since 2014 Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports. Read more...
05 Mar NSC Data Reveals More Motor Vehicle Deaths, Fewer Miles Driven in 2020 Despite a decrease in miles driven during 2020, motor vehicle-related deaths were the highest they have been in 13 years, according to estimates from the National Safety Council. Read more...
05 Mar US Adds a Strong 379,000 Jobs in Hopeful Sign for Economy WASHINGTON — U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions. Read more...
05 Mar US Trade Deficit Rises 1.9% in January SILVER SPRING, Md. — The U.S. trade deficit rose 1.9% in January as the coronavirus pandemic continued to disrupt global commerce. Read more...
05 Mar Volkswagen Brand Doubles EV Share Target Volkswagen AG’s main brand doubled its forecast for the share of purely battery-powered cars in Europe to 70% by the end of the decade, signaling it expects to be delivering well more than 1 million EVs a year by then. Read more...