05 Jun China Behind on Purchases in Phase One of Trade Deal President Donald Trump’s promise that his phase one trade deal with China would provide a $36.5 billion election-year bonanza for his rural base was always a stretch. Now it looks like it may never be fulfilled. Read more...
05 Jun DOT Finalizes Transportation Self-Governance Program for Tribes The U.S. Department of Transportation has issued a final rule to create the Tribal Transportation Self-Governance Program. Read more...
05 Jun Elon Musk Says Time to Break Up Amazon, Fueling Jeff Bezos Feud Tesla Inc. CEO Elon Musk said it’s “time to break up Amazon” in a tweet June 4, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration. Read more...
05 Jun Daimler Marks Milestone as Sprinter Turns 25 Daimler AG celebrated a 25-year milestone for its Mercedes-Benz Sprinter model, which began production in 1995, and whose roots go back 40 years to the company’s initial array of small cargo vehicles in various shapes. Read more...
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...