Transport Topics
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Daimler AG reported Oct. 21 net income and revenue rose in the third quarter, but the results were limited by falling demand for heavy-duty trucks, especially in North America, the segment's largest retail sales market.
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FedEx Corp. made several moves in recent weeks to build its national and international services, particularly in the growing e-commerce sector, through investments and partnerships.
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The Federal Motor Carrier Safety Administration issued a safety advisory on Oct. 21 to provide "notice and information" for commercial motor vehicle owners, operators and passengers on the risks and regulations associated with the transportation of the recently recalled Samsung Galaxy Note7 smartphone and also for other damaged, defective or recalled lithium cells or batteries used for portable electronic devices
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Commercial vehicle supplier Wabco Holdings Inc. reported third-quarter net income and earnings rose despite a challenging North American commercial vehicle market.
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