06 Aug Cadillac Set to Debut First All-Electric Vehicle Cadillac is turning to its next chapter as an electric-vehicle brand with the debut of the 2022 Cadillac Lyriq crossover. Read more...
06 Aug USPS Election Role Becomes Flashpoint in Stimulus Talks House Democrats want to throw a financial lifeline to the struggling U.S. Postal Service amid concerns that mail delays could lead to hundreds of thousands of legitimate votes being thrown out, potentially skewing the election. Senate Republicans say the money isn’t needed. Read more...
06 Aug Daseke Reports Q2 Revenue of $351.7 Million Daseke Inc. reported second-quarter net income climbed out of the red compared with the year-ago period, lifted by changes over the past year to operational and cost improvement plans. Read more...
06 Aug White House, Democrats Locked in Standoff as Deal Deadline Looms The White House and congressional Democrats are locked in a standoff over the size and breadth of a new virus relief package, with their self-imposed Aug. 7 deadline for a deal looming. Read more...
06 Aug AAA: Partially Automated Driving Systems Don’t Always Work Two tests by AAA during the past two years show that partially automated driving systems don’t always function properly, so the auto club is recommending that car companies limit their use. Read more...
06 Aug July Class 8 Orders Lift Off Along With Freight Volumes North American Class 8 orders in July inched past replacement levels and increased 98% compared with a year ago, ACT Research reported. Read more...
06 Aug US Jobless Claims Fall More Than Forecast to Pandemic Low U.S. applications for unemployment benefits fell more than expected last week to the lowest since the pandemic started, in a broad decline across nearly all states, suggesting the labor market is improving. Read more...
06 Aug New York Gov. Andrew Cuomo Takes Reins of Governors Association New York Gov. Andrew Cuomo emphasized the importance of recovery and revival as he accepted the role of chairman of the National Governors Association. Read more...
05 Aug Carriers Must Prepare as Deadline Nears for Chinese Technology Ban, Experts Say With an Aug. 13 deadline approaching fast, motor carriers who do business with the federal government must soon launch an inquiry to locate and purge telecommunications equipment manufactured by five Chinese companies that may be in use in their operations. Read more...
05 Aug Exxon Says 20% of Oil, Gas Reserves Threatened by Low Prices ExxonMobil Corp. warned that low energy prices may wipe as much as one-fifth of its oil and natural gas reserves off the books. Read more...