The U.S. trade deficit widened more than forecast in September to a seven-month high as imports expanded and the merchandise gap with China hit a record amid an escalating tariff war.
November 2, 2018Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
Canada Posts Trade Deficit With Declining Exports and Imports
Canada’s economy continued to show sluggish trade flows in September with both exports and imports recording back-to-back monthly drops. The statistics agency also revised away its previously reported surplus from August.
November 2, 2018250,000 Jobs Added; Pay Growth Fastest Since 2009
WASHINGTON — The final major economic report before the Nov. 6 congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade.
November 2, 2018Infrastructure Boom Seen Roaring Ahead Regardless of Midterm Result
Encouraging spending on roads, bridges and other infrastructure could be one of the rare areas where a Democrat-controlled Congress finds common ground with the Trump administration. Private investors in such projects aren’t relying on any breakthroughs, regardless of how next week’s midterm elections shake out.
November 2, 2018Optimism Boosted on News of Trump-Xi Talks
BANGKOK — Stock markets charged ahead Nov. 2 after President Donald Trump and his Chinese counterpart, Xi Jinping, spoke by phone and reported progress in resolving trade tensions.
November 2, 2018Schneider’s Profits, Revenue Higher in Third Quarter
Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.
November 1, 2018Mark Van Port Fleet Appointed Michigan DOT Director
Michigan Gov. Rick Snyder recently announced that longtime Michigan Department of Transportation employee Mark Van Port Fleet will serve as the agency’s new director.
November 1, 2018Defense Department Places Orders With Orbcomm, Savi
The Department of Defense has placed a multimillion-dollar order with Orbcomm Inc., a provider of machine-to-machine and Internet of Things solutions, and Savi, a big data and machine learning analytic solutions company, according to a press release.
November 1, 2018Former Transportation Secretary Mary Peters to Receive Lifetime Achievement Honor at TRB
Mary Peters, the country’s secretary of transportation during the second half of the George W. Bush administration, will be honored with a lifetime achievement award at the Transportation Research Board’s annual meeting in Washington in January.
November 1, 2018Construction Spending Flat in September
WASHINGTON — Spending on U.S. construction projects essentially was unchanged in September, the weakest showing since June, as an increase in home construction was offset by a slide in spending on government projects.
November 1, 2018Trending
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