Volvo Trucks to Take $780 Million Charge Over Emissions Flaw
Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.
January 4, 2019Moving Company Study Shows More Residents Left New Jersey Than any Other State in 2018
A study by United Van Lines has revealed that Americans are moving west and south, according to a Jan. 2 press release.
January 4, 2019Tesla Said to Be Close to Model 3 Approval for Europe Sales
Tesla Inc. has yet to obtain approval from authorities in Europe to begin selling the Model 3 in the region, though this isn’t expected to impede the carmaker from starting deliveries next month, according to a person familiar with the matter.
January 4, 2019Bestpass Hits Milestones for Transponders, Customers
Bestpass, a provider of single-source payment and streamlined toll management services for commercial fleets, announced it has surpassed 500,000 active transponders within its nationwide toll coverage network.
January 4, 2019Payrolls Rise 312,000 as Wage Gains Exceed Forecasts
U.S. employers added the most workers in 10 months as wage gains accelerated and labor-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019.
January 4, 2019Editorial: End the Meal-and-Rest-Break Debate
Now that we finally we have some resolution on the issue of whether interstate truck drivers must follow federal or state rules regarding where and when they can take meal and rest breaks, it’s time to stop the legal wrangling and move forward.
January 3, 2019White House Says Shutdown Trims 0.1% From GDP Every Two Weeks
The ongoing partial government shutdown will cut U.S. economic output by about 0.1% every two weeks, the chairman of the White House Council of Economic Advisers said.
January 3, 2019Union Sues GM, Says Laid-off Workers Should Replace Temps
DETROIT — The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers instead of employing full-timers who were laid off from its factories.
January 3, 2019Used Class 8 Prices Rise as Inventory Tightens and Demand Slows, ACT Reports
The price of the average used Class 8 truck in November rose by $8,000 to $47,675 compared with a year earlier as inventory tightened, ACT Research Co. reported, noting demand for the vehicles is slowing in some quarters.
January 3, 2019Robots Aren’t Yet Killing Off All Our Jobs, World Bank Says
The rise of automation has so far had a negligible impact on jobs at a global scale, the World Bank chief economist said, despite common gloomy predictions that humans are set to be replaced by machines.
January 3, 2019