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President Trump, Jeff Bezos and the Solution for the United States Postal Service

The USPS generates 70% of their revenues from mail delivery. Amazon today announced a new program designed to encourage entrepreneurs to enter into an agreement with Amazon to open their own Amazon-backed delivery service. In exchange for a $10,000 investment, Amazon will provide up to 40 vans and allow drivers to wear Amazon-branded uniforms.

Volvo, FedEx test truck ‘platooning’ on public U.S. road

A Federal Express truck in La Jolla, California. REUTERS/Mike Blake   Truck maker Volvo AB and package delivery company FedEx Corp said on Wednesday they have begun public U.S. testing of “platooning” technology, which allows digitally-connected semi trucks to save fuel by driving closely together in convoy, on a highway in North Carolina. Using a

Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices

A coalition representing major foreign automakers in U.S   Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs, dramatically hike prices on vehicles and threaten industry spending on self-driving cars. A coalition representing

Volkswagen Launches Rwanda Operations

Initial investment of US$20 million to create up to 1,000 jobs, assemble up to 5,000 cars per year. The wait is over as Volkswagen (VW) officially kicks off its much-awaited operations in Rwanda. The official launch will take place on Wednesday, at the Kigali Special Economic Zone where its first assembly base will be