Transport Topics
RoadOne IntermodaLogistics Receives Investment From Nonantum Capital Partners
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Nonantum Capital Partners announced that it is partnering with Ken Kellaway and David McLaughlin to re-capitalize RoadOne IntermodaLogistics, a company based in Randolph, Mass., that provides container drayage, transloading and warehousing services at ports and rail terminals throughout the United States.
Fiat Chrysler Said to Settle Civil Suit on Diesel-Emissions Violations
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Fiat Chrysler Automobiles NV will pay hundreds of millions of dollars to settle a lawsuit brought by the U.S. Justice Department, which alleged some of its diesel-powered vehicles violated clean-air rules, a person familiar with the matter said.
EU Trade Chief to Continue Talks With US
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The European Union’s trade chief, Cecilia Malmstrom, will continue talks with her U.S. counterpart Jan. 10, after the two met earlier the week of Jan. 7 in an effort to tamp down escalating commercial tensions, according to the European Commission.
Ford’s Global Cost Purge Hits Europe With Thousands of Job Cuts
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Ford Motor Co. said it will cut thousands of jobs, weed out slow-selling variants and potentially close entire factories in Europe, as the carmakers’s global cost-cutting drive targets a region that has been a drag on earnings for years.
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