Transport Topics
Kion to Acquire Warehouse Robot Firm for $2.1 Billion
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German forklift maker Kion Group AG agreed to buy robot maker Dematic for about $2.1 billion to expand in the United States and tap demand from Amazon.com and other online retailers as they look to automate warehouses.
Supersize Panama Canal Could Increase Houston's Direct Trade With Asia
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Years of construction, delay and anticipation will crest on June 26 as the first containership officially traverses the expanded Panama Canal. While the Central American channel has not always been a significant trade route for the Port of Houston Authority, officials say the expansion could help boost its burgeoning trade with Asia.
May's Used-Truck Sales Fall; Average Price Flat
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Sales of used Class 8 trucks in May fell by 10% year-over-year, ACT Research Co. reported.
Rand McNally Launches New Safety Dashcams
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Rand McNally, based in Skokie, Illinois, launched three new models of dashboard cameras on June 23 to assist with accidents and safety documentation.
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