Transport Topics
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CRST International Inc. must stand trial in connection with a wrongful death lawsuit after a state supreme court overturned a lower court’s ruling in favor of the trucking company, according to court documents.
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U.S. retail sales of Class 8 trucks in May topped 19,000 and were the fourth-highest in the past 26 months, WardsAuto.com reported. However, analysts said a severely challenged supply chain has stalled even higher sales and added to truck makers’ production-related expenses.
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One year after completing the nearly $1.7 billion task of raising the Bayonne Bridge to a height of 215 feet, the Port of New York and New Jersey said the project is resulting in larger ships calling on its ports and is contributing to record-setting cargo volume and economic activity.
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U.S. multinationals face a “tricky situation” in trying to plot a tax strategy around the new base erosion and anti-abuse tax (BEAT) in the 2017 U.S. tax law, a UPS official said.
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