Transport Topics
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Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.
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WASHINGTON — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries Oct. 18 to resolve widening disagreements on trade and other issues, warning that the divisions threatened to make the consequences of a global slowdown even worse.
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Digital freight-broker Transfix announced two updates to its platform: My Lanes, a product that recommends freight based on carrier preferences; and Reserved Loads, which it referred to as the industry’s first exclusive-access freight program for “exceptional” carriers.
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BEIJING — China’s economic growth sank to a new multidecade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global economy.
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