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Alabama Port Authority Finds Partner for Planned Automobile-Handling Terminal

Last month, the Alabama State Port Authority announced major funding grants for a planned automobile-handling terminal. It now has a deal with a partner that will develop and operate it.

April 19, 2018

TxDOT to Forgive $1.3 Billion in Unpaid Toll Fees, Fines

The Texas Department of Transportation will waive more than $1.3 billion in late fines and fees owed by those who drove on its toll roads since 2007, agency officials say, a response to a cap in such fees imposed last year by the Legislature

April 19, 2018

Fed Says Tariff Concerns Cloud Otherwise Solid Growth Outlook

New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve’s most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating.

April 18, 2018

China’s $1 Billion Port With Almost No Container Traffic

Each year, about 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Few stop to unload cargo.

April 18, 2018

Senate Considers Presidential Nominees for Surface Transportation Board

The Senate Committee on Commerce, Science and Transportation is one step closer to doubling the number of members who sit on the Surface Transportation Board. The committee convened a hearing April 11 to consider Patrick Fuchs and Michelle Schultz to serve as members of the board.

April 11, 2018

Treasury Secretary Steven Mnuchin Says There’s ā€˜Level of Risk’ of US-China Trade War

Treasury Secretary Steven Mnuchin said there is ā€œa level of riskā€ that the tariff dispute between the United States and China will erupt into a full-scale trade war, though he’s ā€œcautiously optimisticā€ that the world’s two largest economies will resolve differences through negotiations.

April 6, 2018

NAFTA Trio Meets Amid Growing Optimism for Deal

Senior ministers from the three NAFTA countries are gathering in Washington amid growing signs of optimism that they could find common ground on the toughest issues.

April 6, 2018

Trump Says He’ll Take ā€˜Very Serious Look’ at Amazon’s Business

President Donald Trump said he will take a ā€œvery serious lookā€ at Amazon and what he said is an ā€œuneven playing fieldā€ the retailer enjoys against competitors.

April 6, 2018

China Vows to Fight Trump Tariffs ā€˜to the End’ as Tension Rises

President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s largest economies.

April 6, 2018

More Toll Lanes Could Be Coming to North Carolina

A $551 million project to add toll lanes on Interstate 77 in North Carolina from the South Carolina line to the Belk Freeway is among 77 statewide transportation projects being considered for future funding, the state’s department of transportation said.

April 4, 2018