Transport Topics
Eaton Cummins Joint Venture Announces New 12-Speed Automated Transmission as First Product
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ATLANTA — Eaton Cummins Automated Transmission Technologies announced a new 12-speed automated transmission called Endurant as the first “core product” of the companies’ joint venture.
Freight Factoring on Upswing in 2017
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Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to sell invoices benefit from a robust spot market, industry executives say.
Unexpected Drop in Jobless Claims Shows Sturdy Job Market
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Filings for jobless benefits in the U.S. unexpectedly settled back last week, underscoring a resilient labor market even as the Atlantic hurricane season introduces added volatility to the figures, Labor Department data showed Sept. 14.
Consumer Comfort Falls for Second Week
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Americans’ confidence retreated for a second week as consumers’ assessment of the buying climate deteriorated on the heels of higher fuel prices, Bloomberg Consumer Comfort Index figures showed Sept. 14.
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