Transport Topics
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WASHINGTON - The House Transportation and Infrastructure Committee on Oct. 22 approved and forwarded to the full House a six-year highway bill that included provisions requiring improvements to the controversial Compliance, Safety, Accountability program.
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North American railcar orders plummeted the most in at least 27 years as railroads shipped less oil and sand used for drilling, adding to concern over a U.S. industrial production slowdown.
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General Motors Co. reported third-quarter profit that beat analysts' estimates as strong light-truck sales in the United States and stable operations in China produced a record $3.1 billion in adjusted earnings before interest and taxes.
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Rush Enterprises Inc., a multistate network of truck dealerships and related services, reported third-quarter net income fell 15% year-over year as sharp declines in the energy sector cut into sales of related Class 8 trucks and aftermarket services.
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