Transport Topics
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Alcoa Inc. has created a division to focus on the commercial wheels business as part of a corporate realignment.
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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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Freight volumes are projected to increase by nearly 29% over the next 11 years, according to a report released by American Trucking Associations on July 27.
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Diesel's national average price tumbled to its lowest point since 2009 this week, falling 5.9 cents to $2.723 per gallon, according to the July 27 report from the Department of Energy. Gas also fell 5.7 cents.
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