A Senate committee chairman sharply criticized the Federal Aviation Administration on June 17 for what he alleged were repeated failures to respond to a committee’s investigation into two crashes of Boeing Co.’s 737 Max.
June 17, 2020Search
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Disappointing ϳԹ Construction Starts Belie Firmer Market
U.S. home construction starts rose less than forecast in May, indicating builders were slow to resume work and contrasting more recent data that points to a pickup in housing demand.
June 17, 2020Boeing Max Disasters Spur Senate Bid to Toughen New-Jet Rules
A Senate bill introduced June 16 calls for more government oversight of aircraft certification in reaction to a pair of Boeing Co. 737 Max crashes.
June 16, 2020Volvo Announces Plan to Cut 4,100 From Workforce
Volvo Group will reduce its white-collar workforce by 4,100 starting in the second half of the year as it confronts lower demand during the novel coronavirus pandemic.
June 16, 2020Perspective: Federal Excise Tax Relief Can Aid Recovery
The coronavirus pandemic has changed the world. In the United States it altered the way our country operates and wreaked havoc on American businesses, but leaders in Washington responded with actions that helped mitigate the damage. I applaud these efforts and am confident that our economy will bounce back. But the work is not done.
June 15, 2020Trucking-Related Companies Find It Difficult to Identify 'Conflict Minerals' in Supply Chains
It has been more than six years since America’s public companies began searching for African “conflict minerals” throughout their supply chains, and it remains difficult for trucking-related companies to know if some of their products are being made using tantalum, tin, tungsten or gold, or “3TG,” mined and refined in Congo and nine of its neighbor countries.
June 4, 2020Number of Electric Commercial Vehicle Offerings Surge, Calstart Says
North America is experiencing a surge in zero-emission commercial vehicle offerings, according to research from Calstart, a clean transportation accelerator.
June 3, 2020Ex-Navistar CEO Daniel Ustian, SEC Reach $500,000 Settlement
The U.S. Securities and Exchange Commission’s yearslong civil court fight with Daniel Ustian has ended with the former Navistar International CEO agreeing to a $500,000 civil penalty and a permanent ban from serving as an officer or director of a public company.
June 2, 2020Fitzgerald Seeks Summary Judgment in $83 Million Tax Case
Attorneys for the nation’s largest glider truck manufacturer have asked a federal judge for permission to seek a partial summary judgment to block an attempt by the IRS from collecting $83 million in back taxes and penalties.
May 27, 2020FMCSA to Immediately Expand Remote Carrier Compliance Reviews During Pandemic
The Federal Motor Carrier Safety Administration has announced plans to immediately expand the use of remote motor carrier safety compliance reviews during the COVID-19 pandemic.
May 26, 2020