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Government, Business, Logistics

Trump Open to Inquiry Into DeJoy and Campaign Contributions

President Trump has said he's open to an investigation into USPS Chief Louis DeJoy. President Trump speaks during a news conference outside the White House on Sept. 7. Trump said he was open to an investigation into Postmaster General Louis DeJoy's campaign contributions. (Patrick Semansky/Associated Press)

President Donald Trump says he’s open to an investigation of Postmaster General Louis DeJoy following published reports that former employees of DeJoy, a major donor to Trump and other Republicans, said they felt pressured to make campaign contributions to GOP candidates.

Darlene Superville | Associated Press
September 8, 2020
Business, Technology

COVID-19 Pushes Industry to Implement New Accounting, Bookkeeping Methods

Accounting grandriver/Getty Images

COVID-19 has created challenges throughout the trucking industry, but it also has created opportunities, especially when it comes to fleets’ accounting processes.

Mindy Long | Special to Transport Topics
September 8, 2020
Business, Technology, Autonomous

Yandex, Uber to Spin Off Self-Driving Cars Into New Company

Yandex and Uber plan to spin off their self-driving cars into a new company. Self-driving vehicles operated by Yandex sit parked at the company's engineering center in Moscow, Russia, on June 10. (Andrey Rudakov/Bloomberg News)

Yandex NV and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.

Ilya Khrennikov | Bloomberg News
September 4, 2020
Business, Logistics

RLS Expands National Network With Gress Refrigerated Services

RLS facility in New Jersey An RLS facility located in New Jersey. (RLS Logistics)

RLS Logistics took another step in growing its national network of cold storage providers Sept. 4 with the inclusion of Gress Refrigerated Services & Logistics.

September 4, 2020
Government, Business, Fuel

Oil Sinks With Equities on Wavering Hopes for Demand Pickup

An oil pumping jack operates in Russia. (Andrey Rudakov/Bloomberg News)

Oil tumbled below $40 a barrel for the first time in a month, with a sell-off in equities and a stronger dollar exacerbating demand concerns as a lackluster summer driving season draws to a close.

Andres Guerra Luz | Bloomberg News
September 4, 2020
Business, Technology, Fuel, Autonomous

Musk Test-Drives VW Electric Car in Meeting With CEO Diess

Elon Musk speaks at the site of the new Tesla Gigafactory in Germany on Sept. 3. Elon Musk speaks at the site of the new Tesla Gigafactory in Germany on Sept. 3. (Maja Hitij/Getty Images)

Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.

Christoph Rauwald | Bloomberg News
September 4, 2020
Business, Equipment

American Trailer Rental Group Expands in Columbus, Ohio

FITS trailer First in Trailer Service is part of the American Trailer Rental Group. (American Trailer Rental Group)

American Trailer Rental Group announced it opened a First in Trailer Service location in Columbus, Ohio, citing economic expansion as well as the rich manufacturing and distribution history of the greater Columbus area.

September 4, 2020
Government, Business

Kansas DOT Opens Application Window for Cost Share Program

IKE awards map Fall 2019 and spring 2020 Cost Share awardees. (Kansas Department of Transportation)

The Kansas Department of Transportation is accepting applications for its popular Cost Share Program, which provides funding for transportation projects.

Eleanor Lamb | Staff Reporter
September 4, 2020
Business, Technology, Autonomous

Tesla Rout Extends to Fourth Day, Longest Streak Since March

Tesla vehicles charge at the Tesla Supercharger station in Fremont, Calif. Tesla vehicles charge at the Tesla Supercharger station in Fremont, Calif. (Nina Riggio/Bloomberg News)

Tesla Inc. fell as much as 4.2% in early Sept. 4 trading, heading for its first four-day losing streak since pandemic fears were at their height in mid-March.

Kristine Owram | Bloomberg News
September 4, 2020
Business, Top 100

Old Dominion Provides Q3 Update

Old Dominion Freight Line truck Old Dominion Freight Line said LTL tons per day increased 2.4% in August compared to a year ago. (Old Dominion Freight Line)

Old Dominion Freight Line Inc. announced updates for the third quarter.

September 4, 2020