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The head of the American Association of Port Authorities, Kurt Nagle, is stepping down after more than three decades with the group, and is handing the reins to industry veteran Chris Connor.

The U.S. budget deficit widened by 23% to $747.1 billion in the first nine months of the fiscal year, as rising spending eclipsed a small bump in revenue from the Trump administration’s tariffs.

The Senate Commerce Committee advanced by voice-vote approval the nomination of Michelle Schultz for a seat on the Surface Transportation Board.

A federal judge has issued a criminal judgment requiring Wiley Sanders Truck Lines of Troy, Ala., to pay a fine of $3 million for illegally transporting thousands of pounds of lead-contaminated plastic battery chips.

President Donald Trump has cited his move to allow year-round sales of high-ethanol gasoline as farmers pressure him to dial back decisions to exempt oil refineries from biofuel-blending mandates, signaling the president sees the two issues as related.

Oil traded near a seven-week high as supply risks from a storm in the Gulf of Mexico and falling U.S. stockpiles were countered by a weak market outlook from OPEC in 2020.

A key measure of U.S. consumer prices rose more than forecast in June, potentially complicating the Federal Reserve’s assessment of inflation as policy makers weigh an interest-rate cut as soon as this month.

Filings for U.S. unemployment benefits declined to a 12-week low, underscoring the Federal Reserve’s view that a robust labor market is underpinning economic expansion.

WASHINGTON — The first version of what could become the country’s next major highway policy bill will be unveiled in the Senate prior to Congress’ recess in August, surface transportation policymakers announced July 10.

Day cabs — especially those with a high roof and pulling a box trailer — can qualify for SmartWay designation that signifies the equipment significantly lowers fuel use and reduces air pollution, the Environmental Protection Agency said.