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Shale Oil Pioneers Say the Boom Times Are Over

The days of relentless production growth from U.S. shale oil fields are ending, potentially aiding OPEC’s yearslong effort to drain a worldwide supply glut, according to industry pioneers Scott Sheffield and Mark Papa.

November 6, 2019

US Productivity Unexpectedly Posts First Decline Since 2015

Productivity in the U.S. unexpectedly posted the first decline in almost four years and labor costs accelerated, suggesting a pickup in efficiency earlier this year was more of a temporary shift.

November 6, 2019

Republican Leaders Continue to Press Action on USMCA

Supporters of the new United States-Mexico-Canada Agreement continue to pressure lawmakers on Capitol Hill to proceed with a vote on the trade deal, which was signed last year.

November 5, 2019

Jack Cooper Exits Bankruptcy

Jack Cooper Holdings Corp. has exited its Chapter 11 bankruptcy proceedings, the auto-hauling logistics company said Nov. 4.

November 5, 2019

Trudeau: Canada to Resume Pork, Beef Shipments to China

Canada will resume shipments of pork and beef to China, Prime Minister Justin Trudeau said, signaling the Asian nation has lifted an import ban imposed earlier this year.

November 5, 2019

US Services Companies’ Growth Rebounds in October

WASHINGTON — Growth in the vast U.S. service sector rebounded in October after sinking to a three-year low in September, causing concern for investors and economists.

November 5, 2019

Kansas DOT Selects 22 Projects Through Cost Share Program

State leaders recently announced 22 projects have been selected as part of the Kansas Department of Transportation’s Cost Share Program, which is meant to provide funding for transportation initiatives.

November 5, 2019

China Wants US to Drop Tariffs on $360 Billion of Imports for Trade Deal

China is seeking the rollback of U.S. tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the U.S. to sign a partial trade deal with President Donald Trump, according to people familiar with the matter.

November 5, 2019

US Trade Deficit Falls to $52.5 Billion in September

The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum.

November 5, 2019

Operational Cost of Trucking Up 7.7%, ATRI Report Says

The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.

November 4, 2019