ºÚÁϳԹÏÍø

The Federal Reserve pumped up its benchmark interest rate on Nov. 2 by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.

One of the world’s biggest shipping companies just issued a downbeat assessment of the global economy, saying container demand will fall as much as 4% this year.

Tesla Inc. demonstrated a beta version of its driver-assistance system for California transportation officials, including outside consultants the automaker previously sought to bar from the event.

Additional funding for the country’s ports was recently announced as part of the Biden administration’s efforts to facilitate the movement of freight along key supply chains.

As electric vehicles appear more and more to be the future of transportation in America, the decades-old method of funding the nation’s roads and bridges with gasoline taxes will soon be a relic of its past.

Mediterranean Shipping Co. filed a motion in late October with the National Labor Relations Board urging SSA Marine Inc. to assign tasks at the Port of Seattle’s Terminal 5 to the International Longshore and Warehouse Union.

Heading into November’s midterm elections, many Republican candidates are seeking to capitalize on voters’ concerns about inflation by targeting a key component of President Joe Biden’s climate agenda: electric vehicles.

Port of Oakland Executive Director Danny Wan says the port has embarked on a plan to play to its strength as one of the leading agriculture export facilities in the world to soften the impact of COVID challenges of the past three years.

A coalition of 322 organizations that relies on the nation’s Class I freight railroads wrote a letter to President Joe Biden Oct. 27, urging the White House and administration officials to continue to seek a settlement in the increasingly bitter contract dispute that could result in a nationwide rail strike in November or December and could cause extensive damage to the U.S. economy.