Transport Topics
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U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports underscored the risks spurring the Federal Reserve toward an interest-rate cut next week.
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Amazon.com’s results were marred by a surge in costs tied to its one-day delivery push, worrying investors who had grown accustomed to almost two straight years of fattening profits.
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The Senate Commerce Committee on July 31 will hear from freight rail industry stakeholders about the status of automatic braking technology.
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TFI International reported record results for its second quarter ending June 30, the company said in a July 25 press release.
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