Transport Topics
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Manufacturing in the United States expanded in August at the slowest pace since May 2013 as anemic demand from emerging markets such as China translated into leaner factory order books.
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Daimler AG reversed course on the 1,500 job cuts announced last week at its Brazilian truck-making division, saying it will scale back hours by 20% instead as demand shows no sign of improving.
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The University of Central Arkansas received a $3 million award to create an endowed faculty position that will focus on the trucking industry, the Associated Press reported.
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The Federal Trade Commission approved an application from ZF Friedrichshafen AG and TRW Automotive Holdings Corp. to sell TRW's North American and European linkage and suspension business for heavy and light vehicles to the Tokyo-based global machine component manufacturer THK Co. Ltd.
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