Transport Topics
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The implementation of automatic braking systems on the country’s railroads was operational on nearly 90% of route miles required by law, Federal Railroad Administrator Ron Batory told a Senate panel July 31. The status of the implementation marked a 4% increase since the year’s first quarter.
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Global freight transportation and logistics provider XPO Logistics reported mixed financial results for the second quarter Aug. 1.
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Raw materials are reeling after President Donald Trump threatened new tariffs on Chinese goods, dashing hopes that the two sides might soon negotiate an end to the trade war that’s sapping global growth and demand for commodities.
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Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.
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