Transport Topics
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The ongoing Mack Trucks strike will temporarily idle the largest Volvo truck manufacturing facility in the world.
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CSX Corp. on Oct. 17 announced third-quarter profit of $856 million compared with $894 million in the same quarter of 2018, but beat Wall Street expectations and in the process set a record for operating ratio for a U.S. railroad.
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U.S. Class 8 retail sales punched through to an all-time record high of nearly 29,000 in September, WardsAuto.com reported, but analysts cautioned against reading it as a turnaround.
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While the holiday shipping season is keeping import volume steady for some of the nation’s busiest ports, executives are raising concerns about the long-term effects an extended trade battle with China could have on exports, and business overall.
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