Transport Topics
Growth of 3.2% Tops Forecasts on Trade, Inventory Boost
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Economic growth accelerated in the first quarter on a big boost from inventories and trade that offset slowdowns in consumer and business spending, with President Donald Trump touting the report as much stronger than expected.
Daimler 1Q Net Income Dips, Revenue Flat
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Daimler AG reported first-quarter net income dipped and revenue was flat amid a range of constraining factors affecting cash flow, and despite gains in truck sales.
Construction Groups Launch Ad Campaign Supporting Connecticut Tolls
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A coalition of groups representing the building and construction industries has launched an advertising campaign in support of Gov. Ned Lamont’s plan for electronic tolling in Connecticut.Move CT Forward’s 30-second advertisement casts tolls as a more favorable fundraising option than borrowing billions of dollars, raising the fuel tax or doing nothing.
Continental Sticks to Powertrain IPO Plan Amid Profit Slump
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Continental AG is moving ahead with plans to carve out its powertrain division while postponing a final decision, as the German auto-parts maker adapts to the disruptive and costly shift to self-driving electric cars.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.