Transport Topics
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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.
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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.
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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.
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Forward Air Corp. reported record revenue and net income when the Greeneville, Tenn.-based carrier announced first-quarter earnings April 24.
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