Business

Government, Business, Safety

Mnuchin Says US Can’t Shut Economy Even if Virus Resurges

Steven Mnuchin speaks in Washington on June 10. Steven Mnuchin speaks in Washington on June 10. (Al Drago/Bloomberg News)

Treasury Secretary Steven Mnuchin said the U.S. shouldn’t shut down the economy again even if there is another surge in coronavirus cases.

Saleha Mohsin | Bloomberg News
June 11, 2020
Business, Technology, Equipment, Autonomous

In Break From Otto, Uber Upgrades Lidar to Third-Party, Off-the-Shelf System

Uber Truck Uber

Uber has upgraded its trucks to its Advanced Technologies Group (ATG) technology stack, and they are driving on freeways around San Francisco.

Laurie Wiegler | Staff Reporter
July 6, 2017
Business

Jack Cooper Negotiates to Retire Debt, Avoid Chapter 11

Car Hauler raymondclarkeimages/Flickr

Jack Cooper Holdings Corp., North America’s largest autohauler, successfully completed negotiations with two groups of debtholders allowing the carrier to avoid a Chapter 11 bankruptcy proceeding and retire $429.2 million worth of debt.

Ari Ashe and Jonathan Reiskin | Staff Reporters
July 6, 2017
Business, Equipment

Summer Begins on Positive Note as Class 8 Orders Top 18,000

Peterbilt Lot rogersmith/Flickr

North American Class 8 orders cleared 18,000 in June, for a 40% year-over-year gain, according to ACT Research Co.

Roger Gilroy | Senior Reporter
July 6, 2017
Business, Equipment

Class 8 Truck Repair Firm to Undergo $9 Million Expansion

truck repair shop Fitzgerald Collision

Fitzgerald Collision & Repair will undergo a major expansion and create 220 new jobs in Tennessee.

Dave Flessner | Chattanooga (Tenn.) Times Free Press
June 30, 2017