Transport Topics
- Cummins to Lay Off 2,000 Salaried Workers
- Congress Faces New Deadline Amid Calls for Major Highway Legislation
- Shippers, Carriers Shift Into High Gear for Cyber Monday
- US New-Home Sales Post Two Best Months in More Than 12 Years
- US Consumer Confidence Declines for Fourth Straight Month
- East Coast Ports Gain Market Share
- German Automaker Audi to Cut 9,500 Jobs by 2025
- Mexico Unveils $44 Billion Infrastructure Plan to Boost GDP
- Strike Ends as CN Rail, Union Reach Tentative Deal
- BMW to Cut Staff Bonuses in Electric Car Savings Push
- White House in Pre-Thanksgiving Push to Get USMCA to Finish Line
- Schneider Launches Load-Booking Tool for Third Parties
- ELFA: October Equipment Financing and Leasing Up 14%
- US Senate Confirms Kramer as CFO at USDOT
- Presidential Candidates Will Talk Infrastructure at Forum
- US Economy Grew at Moderate 2.1% Annual Rate Last Quarter
- Deere Shares Fall; New CEO Adopts Cautious Outlook
- Price, Sales of Used Class 8 Trucks Drop 19%
- FHWA Issues $500,000 in Emergency Relief Funds to Vermont
Ford to Close Michigan Engine Factory
Ford Motor Co. is closing a Michigan engine factory as part of the tentative agreement it reached with the United Auto Workers Oct. 30, as the automaker begins to shift from traditional internal combustion engines to battery-powered vehicles.
US Added a Solid 128,000 Jobs in October Despite GM Strike
WASHINGTON — U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily counted as unemployed.
Exxon Profit Plummets With Plenty of Oil to Go Around
IRVING, Texas — Exxon Mobil’s profit tumbled with crude prices down about 15% from where they were last year, though a $300 million boost from a tax-related item helped.
Allison Reports Lower Q3 Results
Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter amid uneven demand in its markets.
NACV Spotlights Innovations as Firms Brace for Downturn
ATLANTA — Truck, trailer and component manufacturers unveiled their latest innovations and outlined visions for the industry’s future here at the second edition of the North American Commercial Vehicle Show, while simultaneously preparing for an expected downturn in the equipment market next year.