17 Nov COVID-19 Has Changed Shopping for Good, Retail Giants Predict The consumer behaviors that accelerated at the start of the virus — think digital ordering, bulkier baskets and no margin for error when it comes to delivery — are showing zero signs of abating eight months in. Read more...
17 Nov Medium-Duty Sales Down 7% as Classes 6-7 Post Biggest Drops U.S. retail sales in October of Classes 4-7 trucks were down about 7%, WardsAuto.com reported, as they went head-to-head against record year-earlier comparisons. Read more...
17 Nov Meritor Reports Lower Profit, Revenue; Transition Plan Announced Meritor reported lower fiscal fourth-quarter net income and revenue. The company also announced President and CEO Jay Craig will transition to executive chairman of the board of directors Feb. 28. Read more...
17 Nov FAA Sets Boeing’s 737 Max Approval for Nov. 18 U.S. regulators plan on Nov. 18 to unveil the long-awaited final requirements for allowing Boeing Co.’s grounded 737 Max to return to service after 20 months, according to a person briefed on the plans. Read more...
17 Nov Transportation Officials Coordinate Repairs to Brent Spence Bridge State and federal officials are contributing to an emergency response effort after a truck crash damaged the Brent Spence Bridge, which forms a vital link between northern Kentucky and Cincinnati. Read more...
17 Nov Amazon Opens Online Pharmacy, Shaking Up Another Industry The online colossus opened an online pharmacy Nov. 17 that allows customers to order medication or prescription refills, and have them delivered to their front door in a couple of days. Read more...
17 Nov Tesla Gets Green Light for S&P 500 Inclusion Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base. Read more...
17 Nov Hyundai-Aptiv Venture Wins Driverless Test Approval in Nevada Hyundai Motor Group and Aptiv Plc’s $4 billion self-driving venture received permission from the state of Nevada to test autonomous vehicles on public roads without a safety driver, the company said. Read more...
17 Nov Cummins Outlines the Future of Hydrogen Fuel Technologies Engine manufacturer Cummins sees a future in fuel cell technology for itself and within the trucking industry, but noted during a virtual event that challenges lie ahead. Read more...
16 Nov Diesel Jumps 5.8¢ a Gallon in Largest Increase of 2020 The national average price of diesel spiked by 5.8 cents per gallon, more than twice the previous high for the year, according to the Energy Information Administration’s weekly data released Nov. 16. Read more...