Years behind schedule, the U.S. Postal Service announced another delay in its efforts to award a more than $6 billion contract to replace its fleet of aging mail trucks.
Finding truck drivers, especially as the current ages and more people are reluctant to spend time from home during the COVID-19 pandemic, is the trucking industry's biggest challenge.
Franchise contracts and state rules governing auto sales saddle traditional automakers with rules that put them at a disadvantage to new car companies like Tesla.
The earliest new mail delivery trucks will replace the U.S. Postal Service's aging and troubled fleet is January 2022, according to a new report by the service’s Office of the Inspector General.
The U.S. Postal Service is launching the final stage of entering an estimated $6 billion contract to replace the agency’s aging fleet of delivery vehicles.
General Motors Co. and Ford Motor Co. waste a lot of time producing models that don’t make any money according to the analysts at Morgan Stanley Research.
