Transport Topics
Durable Goods Increase 3.4% in June
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Orders for business equipment rose in June for just the second time this year as U.S. factories start to regain their footing after a weak spell.
Menlo Brokerage Expands Into Eastern Europe
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Menlo Freight Brokerage, part of Con-way Inc., announced the expansion of services in Eastern Europe through the opening of an office in Prague.
Alcoa Forms New Unit for Commercial Wheels
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Alcoa Inc. has created a division to focus on the commercial wheels business as part of a corporate realignment.
Chrysler to Buy Back Recalled Ram Pickups
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Fiat Chrysler Automobiles NV has agreed to repurchase more than half a million vehicles - most of them Ram pickups - as part of a settlement with the federal government that also includes a record $105 million penalty for delaying action on safety defects in its vehicles, Bloomberg News reported.
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