23 Sep VW Aims to Turn Legions of SUV Buyers Into Electric Converts Volkswagen AG is setting a high bar for the first electric vehicle it will build around the globe. Read more...
23 Sep Oil Pares Gains as Stocks Slip on Fed Warnings on Economy Oil pared its advance Sept. 23 as stocks fell on the latest warnings from Federal Reserve officials about the economic outlook due to the coronavirus. Read more...
23 Sep Growth in US Business Activity Stays Solid, IHS Markit Data Shows U.S. business activity continued to expand at a solid clip in September, outpacing a stagnant Europe and capping a vigorous third-quarter rebound for the economy. Read more...
23 Sep Watch the Replay: Future of Freight and Supply Chain Symposium Trucking execs from XPO Logistics, C.R. England, NFI Industries, YRC Worldwide and Transfix were among the guests featured during today’s TT/CQ Roll Call virtual symposium, "The Future of Freight and Supply Chain Management." Watch the replay now. Read more...
23 Sep Mack Touts Versatility of New Medium-Duty Models in Crowded Market Mack is emphasizing its Class 8 experience with various applications as full production is underway for two new medium-duty models designed for various segments in that highly competitive market. Read more...
23 Sep TuSimple, Traton Group to Develop Autonomous Trucks in Europe TuSimple, a developer of autonomous-driving technology for trucking, and Traton Group, Volkswagen AG’s heavy-truck unit, announced a partnership to develop SAE Level 4 self-driving trucks, calling it a first in Europe. Traton also took a minority stake in TuSimple. Read more...
23 Sep Poll: Californians Not Sold on Treating Uber, Lyft Drivers as Independent Contractors Uber, Lyft and other app-based companies are in danger of coming up short with voters on a ballot measure that would allow them to again classify their workers as independent contractors, a new statewide poll shows. Read more...
22 Sep House OKs Funding Bill With Highway Law Extension WASHINGTON — In a sweeping bipartisan vote that takes a government shutdown off the table, the House passed a temporary government-wide funding bill Sept. 22, shortly after President Donald Trump prevailed in a behind-the-scenes fight over his farm bailout. Read more...
22 Sep Elon Musk Says Tesla Plans $25,000 Autonomous EV in 3 Years Tesla Inc. plans to manufacture a car that will cost $25,000 in about three years’ time, fulfilling an elusive long-term objective to sell a cheap mass-market electric vehicle, Chief Executive Officer Elon Musk said Sept. 22. Read more...
22 Sep Shippers Might Pay More for Cargo in 2021, C.H. Robinson Says Shippers probably will pay more for freight heading into 2021 after the pandemic lockdown drove many small truckers out of business and cargo demand rebounds faster than the economy, C.H. Robinson Worldwide Inc. CEO Bob Biesterfeld said. Read more...