Transport Topics
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Oil is heading for its first weekly loss since April, when prices collapsed below zero.
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Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.
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U.S. retail sales of medium-duty trucks fell across the board in May, landing below 15,000, WardsAuto.com reported.
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Yet another Texas terminal is preparing to export oil, even as the pandemic continues to hammer global demand for U.S. crude.
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