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...
04 Nov Ford’s October Sales Fall as F-150 Factory Retooling Takes Toll Ford Motor Co.’s U.S. sales fell 6.1% in October, dragged down in part by a factory overhaul to produce the redesigned version of its top-selling F-150 pickup. Read more...
04 Nov Services Sector Expands for Fifth Straight Month SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October. Read more...
04 Nov Fugitive Carlos Ghosn Aims to Settle Scores in Book Executive-turned-international fugitive Carlos Ghosn is gunning for revenge in a new book published this week about the events surrounding his arrest in Tokyo two years ago, 130-day Japanese imprisonment and dramatic escape to Lebanon. Read more...
04 Nov US Companies Add Fewer Jobs Than Forecast, ADP Report Shows U.S. companies added fewer jobs in October than forecast, a private report showed, indicating the absence of additional fiscal stimulus is prompting some firms to adjust payrolls as the pandemic continues to wear on the recovery. Read more...