Transport Topics
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Best Transportation announced it used a Class 8 battery-electric vehicle to deliver a container from Port Newark to a Costco wholesale location within New Jersey without incident, calling it a first at the port and part of the carrier’s ongoing evaluation of electric trucks.
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The trade war between the U.S. and China that’s clouded the global growth outlook will have a lasting negative effect on aluminum demand, Norsk Hydro ASA CEO Hilde Merete Aasheim said.
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The Chinese government has approved several domestic companies to buy U.S. cotton, corn, sorghum and pork without being subject to hefty retaliatory tariffs, according to people familiar with the situation.
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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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