26 Jun ASCE Issues C- Grade for Rhode Island’s Infrastructure Rhode Island’s infrastructure is at a C- grade level, the American Society of Civil Engineers declared in its report card chronicling the state’s networks. Read more...
26 Jun Amazon Buys Driverless Startup Zoox, Cites Ride-Hailing Prowess Amazon.com Inc. is buying autonomous vehicle startup Zoox Inc., a move that could help the company create a formidable opponent to ride-hailing and food-delivery companies. Read more...
26 Jun Kenworth Adds OnGuardACTIVE Option to T880, W990 Models Kenworth Truck Co. now offers the Wabco OnGuardACTIVE as an option for the Kenworth T880 and W990 models. Read more...
26 Jun Consumer Spending Up 8.2%, Partly Erasing Record Plunge American consumers increased their spending by a record 8.2% in May, partly erasing record plunges the previous two months, against the backdrop of an economy that’s likely shrinking by its steepest pace on record this quarter. Read more...
26 Jun Meat Shortages Reopen Costly Path to Small US Slaughterhouses When coronavirus outbreaks forced shutdowns at America’s giant meat plants, it quickly created a bottleneck. Read more...
26 Jun Ford Unveils Updated F-150, Adds Hybrid Model Ford Motor Co. has unveiled the updated version of its flagship F-150 pickup, revealing a truck almost identical in size with the previous model but with far more technology. Read more...
26 Jun Navistar Appoints Persio Lisboa as New CEO Navistar International announced that Persio Lisboa will replace Troy Clarke as president and CEO, effective July 1. Read more...
25 Jun Swift Transportation Deploys SmartDrive Across Fleet SmartDrive is deploying its video-based safety program across Swift Transportation’s entire fleet, the company announced June 16. Read more...
25 Jun Dorsey Intermodal Announces New Line of Chassis Dorsey Intermodal is launching a new line of chassis for marine and domestic use, the company announced June 22. Read more...
25 Jun Oil Rises on Russian Export Cuts, Offsets Virus Demand Jitters Oil prices rose after Russia slashed exports of its flagship crude Urals to the lowest in at least 10 years, signaling the determination of Moscow to work with its partners at OPEC+ to eliminate an oil glut. Read more...