CN, Teamsters reach tentative agreement
Musk’s Boring Company shares photos of underground electric cars
The Boring Company, a venture started by Tesla founder Elon Musk, created an online frenzy late last week with the release of several new images showing a concept version of its electric underground cars.
The series of photos were posted without any additional information on Boring's web site. They show a number of passengers, several with bicycles, inside a glass-enclosed shuttle.
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Crete Carrier appoints Aschoff as president
Crete Carrier Corp. said it has appointed Tim Aschoff as president, adding to his current responsibilities as chief operating officer. Tonn Ostergard will remain CEO and also has taken the role of chairman of the board.
Crete also named Erick Kutter as president of subsidiary Shaffer Trucking. Kutter was previously president of Knight Refrigerated.
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Texas poised to be next to allow autonomous testing
Texas is poised to become the next state to allow testing of fully autonomous vehicles on public roads after the state's legislature approved a bill creating the basic framework manufacturers will need to follow.
The legislation was passed by the House on May 20. That approval came several weeks after the Senate unanimously approved the measure. If signed by Gov. Greg Abbott (R), the law would take effect on Sept. 1.
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Supreme Court could soon decide on OOIDA challenge to ELDs
The Owner-Operator Independent Drivers Association said the Supreme Court could begin the process of deciding if it will hear the group's challenge to the electronic logging mandate on June 8.
That is the date justices are expected to hold a conference to review petitions on pending cases. The justices potentially could decide on the petition before it adjourns for summer in June.
Rob Moseley, who heads the Transportation Industry Group at Smith Moore Leatherwood LLP in Greenville, SC told Fleet Owner it is unlikely the Supreme Court will take the case.
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Nike and Under Armour both win with Cavs-Warriors NBA Finals rematch
Cleveland and Golden State will face off in the NBA Finals for the third year in a row, the first time that's ever happened. The grudge match is good business for all involved, especially Nike and Under Armour.
Greece denies report it may opt out of receiving more bailout money
Greece on Tuesday denied a German newspaper report it could opt out of receiving bailout loans needed to make a July debt repayment if its lenders fail to offer clear debt relief terms to the crisis-hit country despite it having passed more reforms. Tuesday's report in Germany's mass-selling Bild that Athens could opt to go without 7 billion euros (£6 billion) of new loans if it does not get comprehensive debt relief, and was putting billions of euros aside preparing for this scenario, rattled the euro in early trade. Government spokesman Dimitris Tzanakopoulos dismissed the report, saying a deal on debt relief could be reached at the next scheduled meeting of euro zone finance ministers in less than three weeks.