Any rail safety bill before Congress should be “rooted in data and pass the muster of cost-benefit analysis,” and should address specific problems, according to a letter signed by over 30 groups and individuals that traditionally support conservative or libertarian economic principles. The legislation should remove items of debatable merit, such as requiring freight trains…
Daimler Truck gathered analysts in Boston this week for a series of business updates often punctuated by the words “in sunny conditions.” The description was less of a hedge on performance than a description of where the global market-leading OEM sees its business heading. CFO Jochen Goetz explained how the terminology came about. “The analogy…
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ASL Aviation Holdings, a Dublin-based contract air transport provider for Amazon and other companies, has eliminated positions for 28 pilots. The move appears connected to the online retailer scaling back the number of flights it operates in Europe. The company confirmed that it released the pilots, who were provided by recruitment firm CAE Parc Aviation,…
Larry Stewart is a unionized truck driver — just like his father and grandfather before him. He knew, when he became a truck driver 36 years ago, that it wouldn’t be an easy way to make a living. “You sacrifice your life,” said Stewart, who lives in Edwardsville, Illinois, some 30 miles outside St. Louis….