27 Aug Parties Paint Divergent Picture of Future During Conventions The presidential conventions painted starkly different pictures of the business and transportation landscapes that the candidates are promising voters come November. Read more...
27 Aug Experts Stress Teamwork in Response to Natural Disasters As Hurricane Laura was bearing down on the Gulf Coast, disaster preparedness experts discussed how communication and partnerships between the transportation sector and emergency management agencies are vital components of effective responses to natural disasters. Read more...
27 Aug Daimler’s Nielsen Believes Truck Production, Sales Improving Daimler Trucks North America CEO Roger Nielsen sees the production and sale of new trucks reaching replacement levels by the end of 2020. Read more...
27 Aug Nikola Founder Trevor Milton to Give 50 Employees $233 Million of His Stock Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them. Read more...
27 Aug Climate Change Debate Adds to Busy Fall Congressional Agenda By recently proposing to reduce emissions, invest in communities and add millions of new jobs, Senate Democrats intend to add climate change to the list of pertinent policy matters before Congress this fall. Read more...
27 Aug VW CEO Backs Bill Gates’ Proposals for Greener Transportation Volkswagen AG’s CEO encouraged Bill Gates to advise governments on how to lower carbon emissions from transportation and renewed his criticism of Germany’s slow abandonment of coal power. Read more...
27 Aug Waymo Tests Autonomous Trucks in Texas Waymo launched testing of autonomous trucks in Texas and announced plans to make Dallas the center of its heavy-duty vehicle technology efforts. Read more...
27 Aug Jobless Claims Resume Decline; Report Comes With Caveats Applications for state U.S. unemployment benefits decreased last week following an unexpected jump, indicating the labor market’s gradual recovery is back on track as COVID-19 infections ease from a surge in the prior two months. Read more...
27 Aug Hurricane Laura Blasts Gulf Coast With Wind, Rain Hurricane Laura pounded the Gulf Coast with ferocious wind and torrential rain and unleashed a wall of seawater that could push 40 miles inland as the Category 4 storm roared ashore Aug. 27 in Louisiana near the Texas border. Read more...
26 Aug Elon Musk’s Wealth Now Exceeds $100 Billion Three of the world’s richest people have achieved staggering new levels of personal wealth, including Tesla’s Elon Musk. Read more...