Transport Topics
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The Volvo Group on June 28 announced plans to invest nearly $400 million over six years to upgrade its New River Valley, Va., plant that produces all Volvo trucks sold in North America.
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Terence Rogers, Roadrunner Transportation Systems Inc.’s executive vice president and chief financial officer, has resigned from the company effective at the end of August.
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Cummins Inc. has entered into an agreement to acquire fuel cell systems provider Hydrogenics Corp. for about $290 million, or $15 per share, the independent engine maker said.
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A fiscal 2020 transportation funding measure that proposes additional funding for infrastructure grants is included in a five-bill package that began receiving consideration on the floor of the U.S. House of Representatives on June 20.
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