Americas consumers trimmed their spending in February after a buying burst in January, as retailsales slipped 0.4% with declines across multiple industries.
March 15, 2023Search
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Kansas City Southerns Sale to Canadian Pacific Approved
The Surface Transportation Board approved the merger of Canadian Pacific Railway and Kansas City Southern Railroad in the nations first major rail merger since 1998.
March 15, 2023Senate CDL Bill Spotlights Veterans
Legislation that would ensure veterans benefits are approved without delay at new commercial driving schools was recently introduced in the U.S. Senate.
March 14, 2023DOT Announces $2.5 Billion Grant for Charging Infrastructure
The government announced $2.5 billion in grants for charging stations and alternative fueling infrastructure, partly to increase access along highway corridors for longhaul trucking.
March 14, 2023Uber, Lyft Get Positive Ruling in California Labor Case
App-based ride-hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled March 13.
March 14, 2023Buttigieg, DOT Push Crackdown on Transportation Mergers
Transportation regulators are shifting how they view competition and will ensure airlines, railroads and others serve consumers, according toSecretary Pete Buttigieg.
March 14, 2023Inflation Stays High in February, Complicating Feds Plans
WASHINGTON U.S. consumer price increases eased from January to February but still indicated elevated inflation, posing a challenge for the Federal Reserve's interest rate plans.
March 14, 2023Tesla Autopilot Doesnt Live Up to Name, Buttigieg Says
Tesla Inc.s "Autopilot" name for its trademark driver-assistance system lacks common sense, according to Transportation Secretary Pete Buttigieg.
March 14, 2023Tire Sustainability Remains Top Priority for Industry
End-of-life tires that can no longer be retreaded are often stored in a drop trailer and taken away to a recycling facility. Tire industry experts say thats the preferred environmental practice.
March 13, 2023February Adds 311,000 Jobs Despite Feds Rate Hikes
WASHINGTON Americas employers added a substantial 311,000 jobs in February, fewer than Januarys huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation.
March 10, 2023