Transport Topics
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Trucks in the European Union are no more fuel-efficient than they were more than a decade ago, according to a report released Dec. 3, as calls increase for emissions from heavy-duty vehicles to be regulated in the same way as cars.
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Norfolk Southern Corp. soundly rejected Canadian Pacific Railway Ltd.'s $28 billion merger proposal, labeling the offer "grossly inadequate and not in the best interests of shareholders."
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The trucking industry added 2,300 jobs in November as the unemployment rate held at 5%, a seven-year low, the Labor Department reported Dec. 4.
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FCA US, the North American automaking unit of Fiat Chrysler Automobiles N.V., said it will invest $40 million to convert 179 trucks in its private fleet to run on compressed natural gas and to build the largest private CNG fueling station in North America in Detroit.
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