Transport Topics
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Navistar International Corp., the parent company for the International trucks brand, announced plans Jan. 12 to issue, subject to market conditions, $200 million of its 8.25% senior notes due 2021.
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Americans for Modern Transportation, a new coalition of shippers and retailers led by FedEx Corp. and Amazon.com intends to press congressional lawmakers this year to approve nationwide access of twin 33-foot trailers.
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For-hire trucking gained 1,400 jobs in December, while overall payrolls increased by 156,000, the Labor Department reported Jan. 6.
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New orders for U.S.-made goods fell in November, weighed down by a plunge in the volatile civilian aircraft category, but the underlying trend suggested manufacturing is gradually firming.
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