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New England Motor Freight Increases Severance Packages for Employees

About 2,500 workers will get additional severance pay from New England Motor Freight, a New Jersey-based carrier that declared bankruptcy in February, according to an attorney representing terminated employees.

March 14, 2019

States Step In to Fund Roads After Trump’s Plans Stall

Governors in at least 11 states, including Michigan, Ohio and Connecticut, are pushing for new taxes, bond sales and tolls to raise money for long-needed work on roads, bridges and transit systems after President Donald Trump failed to enact a major infrastructure plan.

March 11, 2019

Tennessee Panel OKs $10 Million for FedEx Project in Memphis

NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.

March 11, 2019

Pelosi Says Trump Willing to Work With Dems on Infrastructure

House Speaker Nancy Pelosi said President Donald Trump “assured” her that they could work together on two bipartisan priorities: increasing infrastructure spending and reining in drug prices.

March 8, 2019

Trade War Leaves Pacific Northwest Port Growth at Risk

An industry that saw dramatic growth in the 10 years before Donald Trump became president is now concerned his administration’s trade tussle with China, and the lack of a deal with Japan, will cut future growth short.

March 8, 2019

Washington State Transport Package Sets Aside $450 Million for New I-5 Bridge

The Washington state Senate Transportation Committee passed a $15 billion transportation package March 6 that includes $450 million for a new Interstate 5 bridge across the Columbia River.

March 7, 2019

How a US-China Deal Might Reshape Global Trade

President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?

March 7, 2019

Companies Added 183,000 Workers in February

Companies added fewer workers to U.S. payrolls in February after a burst of hiring in the prior month that was stronger than previously reported, signaling that the labor market continues to underpin what may become the longest economic expansion on record this year.

March 6, 2019

Tesla Probably Can’t Make Money in China, Morgan Stanley Says

Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value.

March 6, 2019

Maryland, CSX Apply Again for Federal Funding for Baltimore Tunnel Project

Maryland and CSX Transportation have submitted another application for federal money to heighten the Howard Street Tunnel in Baltimore so it can fit shipping containers stacked two high on freight trains — a project long sought by the Port of Baltimore, officials announced March 4.

March 5, 2019