Transport Topics
Jobless Claims in US Hover Near Lowest Levels in 15 Years
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Fewer Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers.
Quality Distribution Agrees to $800 Million Sale to Private Equity Firm
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Tank carrier Quality Distribution Inc. has agreed to be acquired for approximately $800 million by private equity firm Apax Partners, the companies announced.
Volkswagen Creates Truck Group to Push MAN, Scania Cooperation
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Volkswagen AG created a holding company for its MAN and Scania heavy-truck units in the latest effort to kick-start cost savings and cooperation efforts after buying the former rivals.
Photo Gallery: Images of Freightliner's Inspiration Truck
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See photos of Freightliner's Inspiration Truck, the first autonomous-driving truck licensed to travel on a road in the United States. Plus, video inside and outside of the truck.
Infrastructure Jobs Lift Economic Well-Being of Low-Income Workers, Brookings Study Says
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Infrastructure jobs provide higher and more equitable wages for low-income workers compared with all job categories nationally, said a new report that makes the case Congress should approve a long-term transportation bill.
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