Transport Topics
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Consumer sentiment declined in September to the lowest level in a year as Americans anticipated a weaker economy in the face of a global slowdown and turbulent financial markets.
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Daimler AG said it expects demand for trucks and buses in Brazil to plunge as much as 50% this year as the crisis in South America's largest economy worsens.
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Trucking technology provider Telogis said it is collaborating with AT&T to provide expanded connectivity services for vehicles across the globe.
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GE Capital Corp. has agreed to sell its transportation finance business in the United States and Canada valued at $8.7 billion to BMO Financial Group and its Chicago-based subsidiary BMO Harris Bank. The price was not disclosed.
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