05 Dec Oil Climbs as OPEC Tightening Dovetails With US Supply Drop Crude rallied as lower OPEC production and signs of shrinking U.S. oil inventories bolstered expectations for an end to the global surplus. Read more...
05 Dec Minnesota Seeks Public Comment on Duluth Interchange Project Proposals for repairs to a major interchange in Duluth were open to public comment through Dec. 11 via an online survey from the Minnesota Department of Transportation. Read more...
05 Dec New Jersey Congressman Endorses Federal Fuel Tax Increase An increase in federal taxes on fuel would significantly help fund repairs for highway infrastructure along Interstate 95 in Newark, N.J., Rep. Donald Payne Jr. (D) said amid Congress’ consideration of tax reform legislation. Read more...
05 Dec Plot to Extort DHL Has Germans on Edge During Holiday Season A murky plot to extort money from delivery giant DHL Express has many Germans on edge during the busy holiday shipping season. Read more...
05 Dec Class 8 Orders Post Strong Gain in November North American Class 8 orders in November reached nearly 33,000 for a 69% year-over-year gain, ACT Research Co. reported. Read more...
05 Dec VW Unveils Electric Minibus to Take On Uber in App-Based Rides Volkswagen AG’s Moia division unveiled a six-seater, battery-powered minibus to enter the market of app-based ride hailing and car-pooling, taking on the likes of Uber Technologies Inc. Read more...
05 Dec DTNA Appoints David Carson President of Western Star Daimler Trucks North America announced David Carson, currently president of Freightliner Custom Chassis Corp., has been appointed president of Western Star Trucks and chief diversity officer of DTNA. Read more...
05 Dec UPS Buys Company to Build Customs Brokerage Business UPS announced it is acquiring trade management firm Sandler & Travis Trade Advisory Services to build the shipping giant’s customs brokerage business. Read more...
05 Dec Growth in Service Industries Cools From a 12-Year High Growth in U.S. service industries cooled by more than forecast in November after the fastest expansion since 2005, as orders eased and supply chains normalized following two hurricanes, an Institute for Supply Management survey showed Dec. 5. Read more...
05 Dec Sprinter Van Redesign Highlights Connectivity, E-Commerce STUTTGART, Germany — Mercedes-Benz previewed the next iteration of its Sprinter van and highlighted how it is using vehicle connectivity to help customers operate more efficiently and adapt to the demands of e-commerce. Read more...