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BIRMINGHAM, Ala. — With the freight market booming and truck capacity constrained, now is an ideal time for fleets to fine-tune their freight networks, push for higher rates and increase driver pay, McLeod Software CEO Tom McLeod says.

The two Republicans vying for the chairmanship of the transportation panel in the House say they will make it a priority to craft legislation aimed at rebuilding the country’s roads and bridges. Here's a look at the week ahead for trucking on Capitol Hill.

Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.

Cooper Tire & Rubber Co. announced that its partner in the China-based Qingdao Ge Rui Da Rubber Co. (GRT) truck and bus radial tire production joint venture will change.

A U.S. Senate panel on Oct. 3 will review the progress of railroads’ implementation of automatic braking technology.

Volvo Trucks announced it would commercialize all-electric trucks in North America in 2020 after introducing them in California next year, a move made in conjunction with a partnership that includes Volvo Group, California’s South Coast Air Quality Management District and industry leaders in transportation and electrical charging infrastructure.

U.S. consumer spending edged up a moderate 0.3% in August, the smallest gain in six months, as sales of cars and other durable goods fell.

It is nearly impossible to imagine Tesla Inc. without Elon Musk, its chairman, CEO, largest shareholder and public face. But a U.S. Securities and Exchange Commission lawsuit has raised questions about the executive’s future at the clean-energy company, sending shares spiraling.