Transport Topics
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Global oil markets will remain oversupplied next year as demand growth slows and Iranian exports are poised to recover with the lifting of sanctions, the International Energy Agency said.
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Ryder System Inc. became the third publicly traded trucking industry company to lower third-quarter earnings expectations by announcing that its profits would be 10 cents per share to 13 cents per share below its earlier forecast.
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Singapore unveiled its public transport future, and it was a vision of passengers commuting in driverless buses along roads and freeways populated by platoons of autonomous trucks following a single driver.
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Maverick USA Inc. President and Chief Operating Officer Stephen Selig will retire Dec. 31, and John Culp, who is executive vice president and chief financial officer, will replace him, the company said.
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