Penske Automotive Group Inc. announced it entered into an agreement to acquire Kansas City Freightliner, a retailer of medium- and heavy-duty commercial trucks.
Category: News
Biden Attempts Bipartisan Push for Infrastructure Package
President Joe Biden tried to maintain bipartisan momentum for a new infrastructure program by meeting March 4 with Republican and Democratic lawmakers at the White House.
Dems Trim Jobless Benefits, Senate Debates Virus Relief Bill
Democrats agreed March 5 to pare back emergency jobless benefits but extend them for an extra month, bidding to solidify support as the Senate approached a voting marathon on a $1.9 trillion COVID-19 relief bill.
Export Boom Drives Canada’s Largest Trade Surplus Since 2014
Canada’s trade sector unexpectedly recorded its largest surplus in more than six years on across-the-board increases in exports.
NSC Data Reveals More Motor Vehicle Deaths, Fewer Miles Driven in 2020
Despite a decrease in miles driven during 2020, motor vehicle-related deaths were the highest they have been in 13 years, according to estimates from the National Safety Council.
US Adds a Strong 379,000 Jobs in Hopeful Sign for Economy
WASHINGTON — U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
US Trade Deficit Rises 1.9% in January
SILVER SPRING, Md. — The U.S. trade deficit rose 1.9% in January as the coronavirus pandemic continued to disrupt global commerce.
Volkswagen Brand Doubles EV Share Target
Volkswagen AG’s main brand doubled its forecast for the share of purely battery-powered cars in Europe to 70% by the end of the decade, signaling it expects to be delivering well more than 1 million EVs a year by then.
Volkswagen Brand Doubles EV Share Target
Volkswagen AG’s main brand doubled its forecast for the share of purely battery-powered cars in Europe to 70% by the end of the decade, signaling it expects to be delivering well more than 1 million EVs a year by then.
ATA, Road Safe America Join in Speed Limiter Regulation Letter
American Trucking Associations and safety group Road Safe America have sent a letter to Transportation Secretary Pete Buttigieg outlining their support for guidelines for speed limiters for policymakers in Congress and at the Department of Transportati…