Transport Topics
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Wabco Holdings Inc. reported lower net income and revenue in the second quarter as global economic growth slowed in key regions, including its primary market — Europe.
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The head of the American Association of Port Authorities, Kurt Nagle, is stepping down after more than three decades with the group, and is handing the reins to industry veteran Chris Connor.
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The leading edge of Tropical Storm Barry’s wind and rain is reaching Louisiana, where communities including New Orleans are bracing for a downpour that threatens to inundate already-high waterways. Gulf of Mexico operators have shut-in 1.01 million barrels a day of oil production.
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Volkswagen AG and Ford Motor Co. will cooperate on electric and self-driving car technology, sharing costs on a global scale to take a major step forward in the industry’s disruptive transformation.
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