Transport Topics
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CEOs are keeping their fingers crossed that the skeletal details offered up by President Donald Trump's administration April 26 will turn into a concrete proposal to slash the corporate tax rate to 15% from the current 35%. That would free them up to invest and fuel economic expansion, they said in interviews and conference calls this week.
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The U.S. economy expanded at the slowest pace in three years as weak auto sales and lower home-heating bills dragged down consumer spending, offsetting a pickup in investment led by housing and oil drilling.
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Rapid advancements in autonomous vehicle technology present the potential for machines to replace people in the workplace.
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Less-than-truckload earnings season began on a positive note with growth in shipments and revenue growth compared with the lackluster year-over-year results in the truckload sector.
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