05 Mar OPEC Gambles on Move to Force Russia Into Oil Production Cut OPEC ministers took a high-stakes gamble, recommending a large production cut to offset the hit on demand from the coronavirus, without overcoming Russian opposition first. Read more...
05 Mar Ex-UAW President Gary Jones Charged With Corruption DETROIT — Prosecutors on March 5 charged the former president of the United Auto Workers with corruption, alleging he conspired with others at the union to embezzle more than $1 million. Read more...
05 Mar Volvo Trucks Redesigns Four Key Heavy-Duty Models Volvo Trucks announced driver-focused redesigns on four heavy-duty cabover models, calling the effort its — and the industry’s — biggest product launch ever. Read more...
05 Mar CDL Information System Operational, but Connectivity Issues With Clearinghouse Remain The Federal Motor Carrier Safety Administration has updated a notice on the Drug and Alcohol Clearinghouse website to reflect that, due to connectivity issues, the system is temporarily unable to validate commercial driver licenses. Read more...
05 Mar Amazon Nixed ‘Green’ Shipping Proposal to Avoid Alienating Shoppers A few years ago, Amazon.com’s quick delivery team debated doing something radical for the e-commerce giant: asking shoppers to consider the environment. Read more...
05 Mar February Class 8 Orders Decline Class 8 orders dropped to 14,100 in February, ACT Research reported, citing preliminary results. In what typically is a weak month, fleets remained cautious amid challenging freight levels, overcapacity and the spreading coronavirus as a backdrop. Read more...
05 Mar Fired Driver's Civil Suit Against CBD Companies Set for Trial in October Doug Horn, who was fired from his driving job after testing positive for marijuana after using CBD oil, has sued the companies that produced, sold and distributed the CBD. Read more...
05 Mar Seven & i Scraps $22 Billion Plan for Marathon’s Speedway Gas Stations Seven & i Holdings Co. scrapped plans to acquire Marathon Petroleum Corp.’s Speedway gas stations for $22 billion, according to sources familiar with the matter, ending a deal that would have been among the world’s biggest this year. Read more...
05 Mar Movie Industry’s Drivers Seek Exemption From Full Clearinghouse Queries A group that provides commercial motor vehicle driver services for major motion pictures studios, independent productions and commercial production houses in the U.S. has asked for an exemption that would allow it to conduct limited queries of the Drug and Alcohol Clearinghouse for its drivers, the Federal Motor Carrier Safety Administration announced March 5. Read more...
05 Mar Self-Driving Pioneer Anthony Levandowski Goes Bankrupt After $179 Million Ruling Anthony Levandowski, one of Silicon Valley’s most highly prized engineers, filed for bankruptcy after Google won a $179 million award against him over his defection to Uber Technologies Inc. Read more...