The CEO of FedEx Corp. came out swinging after a news report called into question the company’s track record on capital investments and tax payments in the wake of federal tax reform efforts.
November 26, 2019Search
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Congress Faces New Deadline Amid Calls for Major Highway Legislation
Congressional leaders in Washington again have packed the final weeks of the year with major legislative items as the top transportation policymakers in the U.S. Senate urge passage of comprehensive highway legislation.
November 26, 2019US New-ºÚÁϳԹÏÍø Sales Post Two Best Months in More Than 12 Years
Buyers snapped up new U.S. homes over the past two months at the fastest pace in more than 12 years, adding to signs of sturdy housing demand amid lower prices and borrowing costs.
November 26, 2019US Consumer Confidence Declines for Fourth Straight Month
U.S. consumer confidence unexpectedly fell for a fourth straight month as sentiment about current labor-market conditions eased, posing a challenge to retailers heading into the all-important holiday-shopping season.
November 26, 2019East Coast Ports Gain Market Share
Ports on the East Coast are enjoying an uptick in volume thanks to infrastructure improvements, expanded sea routes and the positive effects that the United States’ ongoing trade war with China are having for other countries, while these same factors are contributing to drop-offs for West Coast ports.
November 26, 2019Mexico Unveils $44 Billion Infrastructure Plan to Boost GDP
Mexico President Andres Manuel Lopez Obrador announced an infrastructure plan worth 859 billion pesos ($44 billion) that includes highways, railways, ports and airports as well as investments in telecommunications, with most of the capital coming from the private sector.
November 26, 2019Strike Ends as CN Rail, Union Reach Tentative Deal
Canadian National Railway and the Teamsters Canada Rail Conference announced Nov. 26 the sides reached a tentative agreement to end the strike by 3,200 CN Rail conductors and yard crews.
November 26, 2019Diesel Falls 0.8¢ to $3.066 a Gallon
The U.S. average retail price of diesel dipped 0.8 cent to $3.066 a gallon, the Department of Energy reported Nov. 25.
November 25, 2019Los Angeles Feasibility Study Will Look at Congestion Pricing
Los Angeles has joined the metropolitan areas that are exploring congestion pricing systems.
November 25, 2019US House Transportation Committee Advances Pipeline Safety Bill
Legislation that aims to enhance safety across pipeline systems, as well as tackle concerns related to climate change, recently was advanced by a panel in the U.S. House of Representatives.
November 25, 2019