Transport Topics
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Oil surged the most in nearly a month as investors digested Saudi Arabia’s latest plan to help stabilize prices following a large dip earlier in the week that was fueled by demand concerns.
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Commercial Vehicle Group Inc. reported net income of $7.2 million for second-quarter 2019, down 46% compared with net income of $13.2 million in the prior-year period.
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The Commercial Vehicle Safety Alliance has asked U.S. Senate appropriators to include funding in the 2020 transportation funding bill for a study that would explore the causes for commercial vehicle crashes, an update to a similar study completed 16 years ago.
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Schneider National Inc. reported lower net income and revenue for its second quarter, as it announced the closure of its First to Final Mile service after disappointing performance.
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