17 Sep Brake Manufacturer Knorr-Bremse Plans IPO Knorr-Bremse AG has opted to list shares in Frankfurt later this year after majority billionaire owner Heinz Hermann Thiele explored a range of strategic options for one of the world’s largest makers of truck and train brakes. Read more...
17 Sep US, EU, China Vie for Influence in Eastern Europe BUCHAREST, Romania — President Donald Trump on Sept. 17 reaffirmed Washington’s support for a business summit that aims to boost connectivity in Eastern Europe and improve ties among the region and the United States and European Union. Read more...
17 Sep Self-Driving Cars Still Trying to Navigate Bad Weather As things stand today, the driverless car of the future can’t handle more than a dusting of snow. Read more...
17 Sep Class 8 Sales in August Notch the Most This Year Class 8 U.S. retail sales kept climbing in August, reaching 23,913 vehicles, the highest point this year, WardsAuto.com reported. At the same time, truck dealers pointed to ongoing supply chain issues, and fleets found enough drivers to expand. Read more...
17 Sep UPS Hiring 100,000 for Holiday Shipping Season UPS announced that it is hiring about 100,000 temporary workers for the holiday shipping season. Read more...
17 Sep Report: Machines to Handle More Than Half of Workplace Tasks by 2025 GENEVA — More than half of all workplace tasks will be carried out by machines by 2025, organizers of the Davos economic forum said in a report released Sept. 17 that highlights the speed with which the labor market will change in coming years. Read more...
17 Sep Trump Plans to Slap 10% Tariff on $200 Billion of Chinese Goods, Sources Say The Trump administration will announce as early as Sept. 17 that it is imposing a 10% tariff on $200 billion of Chinese goods, which Beijing already has said it will retaliate against, according to three people familiar with the decision. Read more...
17 Sep Florence Flooding Spreads as Storm Heads Northeast WILMINGTON, N.C. — With Wilmington cut off from the rest of North Carolina by still-rising floodwaters from Florence, officials plan to airlift food and water to the city of nearly 120,000 people as rescuers elsewhere pull inland residents from homes swamped by swollen rivers. Read more...
17 Sep Medium-Duty Sales on Track for Gains in 2018 U.S. retail sales of medium-duty trucks inched higher overall in August, WardsAuto.com reported as the lighter weight classes led the way, and a leading market analyst raised his forecast for 2018. Read more...
17 Sep Transport Topics Podcasts Check out the latest podcast episodes of our RoadSigns and LiveOnWeb programs. Episode 4 of RoadSigns, "Putting the Supply Chain on the Blockchain," is now available. Read more...