With the end of their two-year fight against inflation in sight, Federal Reserve officials are likely July 31 to set the stage for the first cut to their key interest rate in four years, a major shift in policy that could eventually lower borrowing costs for U.S. consumers and businesses.
July 31, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Transportation Jobs Up in July ADP Data; Overall Hiring Slows
US companies added the fewest number of workers since the start of the year and wage growth slowed, consistent with signs of a softer labor demand. But the transportation sector showed resilience.
July 31, 2024Tesla in Fatal Washington Crash Was Using Self-Driving System
DETROIT — Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving” system.
July 31, 2024British Columbia Opens High-Tech Truck Station
British Columbia has opened a new commercial vehicle inspection station and rest area with parking for short-term and longhaul truckers on western Canada’s Highway 16.
July 30, 2024Norfolk Southern Accused of Delaying Amtrak Passenger Trains
U.S. authorities accused Norfolk Southern Corp. of causing repeated delays of Amtrak passenger trains along a lengthy route spanning New York City to New Orleans.
July 30, 2024Delaware Bridge Tolls to Rise 20% on Sept. 1
Tolls on Delaware bridges will increase by 20% for all types of vehicles starting Sept. 1 — the first such increase in 13 years — as the state seeks funding to pay for infrastructure improvements.
July 30, 2024FAA Clears Drone Companies to Operate in Shared Airspace
The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.
July 30, 2024Amazon Deemed Responsible for Hazardous Third-Party Items
Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered July 30.
July 30, 2024Modernization Set for North Dakota-Canada Border Crossing
The U.S. General Services Administration has approved a two-year, multimillion-dollar modernization effort at a border crossing between North Dakota and Canada.
July 30, 2024Tesla Deploys Fix to 1.85 Million Cars After Hoods Fly Open
Tesla Inc. released a software update to 1.85 million cars in the U.S. to guard against its vehicles’ hoods flying open during driving.
July 30, 2024