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VW CEO Diess Says Existential Electric Race Awaits After Pandemic

Volkswagen AG CEO Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term.

November 5, 2020

CVSA Issues Bulletin to Mitigate False Inspection Violations From ELD Data Transfers

Technical issues that have been causing problems with the transfer of data from electronic logging devices to equipment used by roadside inspectors to check drivers’ hours-of-service records are the subject of a bulletin issued by the Commercial Vehicle Safety Alliance and are being studied by a pair of industry vendors.

November 5, 2020

Stocks, Bonds Rally as Election Bets Retooled

After a wild election night sowed confusion across U.S. markets, investors frantically bid up stocks Nov. 4, sending major averages to the biggest rallies in five months, as they grew more confident that the tightly contested outcome would ensure key elements of the bull market remain intact for years to come.

November 4, 2020

Judge ‘Shocked’ at Postal Service, May Order DeJoy to Testify

Postmaster General Louis DeJoy may have to testify under oath about his agency’s failure to follow court orders to avoid delivery disruptions for mail-in ballots during the election.

November 4, 2020

Arkansas Approves Sales Tax; Rideshare Drivers Score Win in California

Although the next occupant of the White House remained unclear the day after the election, certain transportation-related issues were definitively settled at the state level Nov. 3.

November 4, 2020

House Transportation Chairman Peter DeFazio Wins Re-Election

Rep. Peter DeFazio beat back political newcomer Alek Skarlatos’ challenge to win another term as the federal legislator in Oregon’s 4th District.

November 4, 2020

Services Sector Expands for Fifth Straight Month

SILVER SPRING, Md. — The U.S. services sector, where most Americans work, registered its fifth consecutive month of expansion in October.

November 4, 2020

Fugitive Carlos Ghosn Aims to Settle Scores in Book

Executive-turned-international fugitive Carlos Ghosn is gunning for revenge in a new book published this week about the events surrounding his arrest in Tokyo two years ago, 130-day Japanese imprisonment and dramatic escape to Lebanon.

November 4, 2020

US Companies Add Fewer Jobs Than Forecast, ADP Report Shows

U.S. companies added fewer jobs in October than forecast, a private report showed, indicating the absence of additional fiscal stimulus is prompting some firms to adjust payrolls as the pandemic continues to wear on the recovery.

November 4, 2020

Uber, Lyft Spend Big, Win in California Vote About Drivers

LOS ANGELES — Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping drivers from becoming employees eligible for benefits and job protections.

November 4, 2020