Delivery systems will determine whether state and local governments successfully implement infrastructure projects, the president-elect of the American Society of Civil Engineers predicts.
March 23, 2022Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Senate Committee Approves Ocean Shipping Reform Act
WASHINGTON — A U.S. Senate panel easily approved legislation meant to facilitate the flow of freight at the country’s ports.
March 22, 2022Europe Heading for a Diesel Shortage, Traders Say
Europe is facing the prospect of a shortage of diesel as flows from Russia dwindle in the aftermath of its invasion of Ukraine, senior executives at three trading houses said.
March 22, 2022Canadian Pacific Reaches Deal With Union to End Stoppage
Canadian Pacific Railway said it will resume normal operations after it agreed to work with an arbitrator on a contract for 3,000 workers, ending a two-day work stoppage.
March 22, 2022Iowa Towns Negotiate With Canadian Pacific Over Train Traffic
Cities along the Mississippi River and Canadian Pacific officials are talking about ways to measure and address the impact of its proposed merger with Kansas City Southern. The consolidation could triple the train traffic in the Iowa Quad-Cities.
March 22, 2022DOT to Give $10 Million to Help Disadvantaged Businesses Compete for Highway Funds
The U.S. Department of Transportation announced $10 million in funding for minority- and women-owned businesses to help them compete for federal highway contracts from the forthcoming $1.2 trillion in infrastructure investments.
March 22, 2022Markets Point Higher After Tough Inflation Talk From Fed
NEW YORK — Wall Street pointed toward a higher open on March 22, one day after Chairman Jerome Powell said the Federal Reserve was prepared to raise its benchmark short-term interest rate by a half-point multiple times, if necessary, to battle inflation.
March 22, 2022Diesel Ends 10-Week Surge, Dropping 11.6¢ to $5.134 a Gallon
The national average price of diesel reversed course and dropped in price, shedding 11.6 cents to $5.134 a gallon, according to Energy Information Administration data released March 21.
March 21, 2022As Gas Prices Rise, Towns Add Electric Car Charging Stations
ASBURY PARK, N.J. — A wave of new electric vehicle charging stations across the country is coming as interest in alternatives to gasoline-powered vehicles is on the rise, though most of the plans were in the works before recent gasoline price spikes.
March 21, 2022SEC Plan Would Require Climate-Change Risk Disclosures
Companies will need to reveal detailed information about their greenhouse gas pollution under a proposed U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.
March 21, 2022