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Just hours before the expiration of a Sept. 12 deadline, Kansas City Southern accepted a $31 billion merger proposal from Canadian Pacific Railway.

The Biden administration is weighing a new investigation into Chinese subsidies and their damage to the U.S. economy as a way to pressure Beijing on trade, people familiar with the matter said.

Ongoing shortages of replacement parts for failed diesel exhaust fluid quality sensors are believed to be causing thousands of trucks nationwide to be disabled and parked.

Canadian Pacific Railway has edged ahead of rival Canadian National in the back-and-forth battle to acquire Kansas City Southern, as a key vote from KCS shareholders and an earlier ruling from the Surface Transportation Board point toward resolution of a duel that has been brewing for the better part of six months.

Freight movement is a priority outlined in the Maryland Department of Transportation’s recently released draft of its six-year capital budget.

Trucking companies are contending with obstructed routes, power outages and fuel supply challenges in the wake of Hurricane Ida.

In baseball terms, the Oakland Athletics’ efforts to build a stadium and billion-dollar real estate development at the Port of Oakland is in the bottom of the ninth inning and the home team is behind several runs.

Hours-of-service flexibility for truckers involved in critical relief efforts is one element of the federal government’s response to Tropical Depression Ida.

Hurricane Ida forced Kansas City Southern to shut its main line in Louisiana and has halted exchanges between railroads in New Orleans, which may worsen delays in a U.S. shipping industry that already is stretched thin.

WASHINGTON — Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast. But the impact on the overall U.S. economy likely will be modest so long as damage estimates don’t rise sharply and refinery shutdowns are not prolonged, economists say.