Transport Topics
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Oil futures dipped on Dec. 29 after a surprise build in U.S. crude inventories reversed an advance in prices that had boosted the benchmarks to their highest levels since July 2015.
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The Bendix Wingman Advanced collision mitigation system now is available for order as an option for Kenworth Truck Co.'s T270 and T370 medium-duty trucks, the truck maker said.
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The number of workplace deaths involving transportation incidents - the most frequent type of worker fatality - increased, according to a Labor Department report issued Dec. 16.
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FedEx Corp. reported profits rose about 1.3% for its fiscal second quarter versus one year ago, but earnings before tax and interest dropped 13% in the freight division, according to company earnings released Dec. 20.
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