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Supreme Court Rejects UPS Appeal That Postal Service Should Raise Delivery Rates

The U.S. Supreme Court turned away a UPS Inc. appeal that aimed to force the U.S. Postal Service to raise its prices for delivering packages.

May 20, 2019

Infrastructure Week Encore: Trump, Democrats to Discuss Funding May 22

President Donald Trump and congressional Democrats agreed on April 30 to proceed with a $2 trillion infrastructure package, yet, they haven’t announced how to pay for the measure. That may change when they meet May 22 to discuss funding. Here's your Capitol Agenda look ahead at the week for trucking on Capitol Hill.

May 20, 2019

Tesla Shares Breach $200 as Analyst Says CEO Elon Musk Faces a ‘Code Red’

Tesla Inc. shares plunged below $200 for the first time in more than two years on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half of the year.

May 20, 2019

Amazon Proposes Airfreight Hub in Florida

LAKELAND, Fla. — Amazon is looking to make a more than $100 million investment in Lakeland.

May 17, 2019

Experts: Public-Private Partnerships Could Plug Federal Government Shortfalls in Infrastructure Funding

WASHINGTON — As Congress looks to find common ground on a $2 trillion proposal that would ensure long-term infrastructure funding on the federal level, states could look more to public-private partnerships as a means of paying for local projects, experts said.

May 17, 2019

US Lifts Steel, Aluminum Duties on Canada, Mexico

President Donald Trump said the U.S. will lift steel and aluminum tariffs on Canada and Mexico, boosting efforts to encourage lawmakers to ratify his new North American trade deal.

May 17, 2019

Gas-Tax Hike Is in Play as Trump Weighs Infrastructure Politics

The Trump administration hasn’t ruled out increasing the gas tax to help finance a $2 trillion infrastructure plan, but the idea has little support among officials who are wary of a politically risky move heading into the 2020 election.

May 17, 2019

Port of Oakland Assures Tenants A’s Stadium Won’t Hurt Business

OAKLAND, Calif. — The Port of Oakland’s board of commissioners May 13 unanimously approved an exclusive negotiating term sheet that would give the Oakland A’s four years to obtain land use permits, conduct an environmental review and do other preparatory work needed to eventually lease the 50-acre Howard Terminal — one of six marine terminals at the port.

May 17, 2019

Trump Delays Imposing Tariffs on Auto Imports, Parts

WASHINGTON  — Caught in a sprawling trade dispute with U.S. rival China, President Donald Trump decided against declaring commercial war on America's friends: The White House said May 17 that he is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.

May 17, 2019

US Gasoline Traders Would Rather Export Than Ship to New York

The busiest U.S. fuel pipeline is running below capacity, as Gulf Coast refiners get fatter margins exporting to Latin America than shipping to New York.

May 16, 2019