South Korea unveiled plans to speed up the adoption of electric cars, self-driving vehicles and even flying automobiles in the coming years to help revive a sagging economy.
October 15, 2019GovernmentBusinessSafety
Indiana DOT Announces $99 Million for Local Roads
The Indiana Department of Transportation and Gov. Eric Holcomb recently announced the distribution of $99.2 million in state matching funds across local government agencies to fund infrastructure construction projects.
October 11, 2019GovernmentBusinessLogistics
US, China Reach Substantial ‘Phase One’ Trade Deal, Trump Says
The U.S. and China reached a partial agreement Oct. 11 that would broker a truce in the trade war and lay the groundwork for a broader deal that Presidents Donald Trump and Xi Jinping could sign later this year, according to people familiar with the matter.
October 11, 2019GovernmentBusiness
Consumer Sentiment Rises to Three-Month High
Sentiment among American consumers posted a surprise jump in October amid expectations for rising incomes and lower inflation, indicating households will continue to extend the longest-running U.S. expansion.
October 11, 2019GovernmentBusinessFuelLogistics
Shipping Costs Are Soaring as LNG Vessels Drop Out of Service
The day rate for a standard tanker east of the Suez Canal jumped 57% in the week to Oct. 9, as issues related to U.S. sanctions on units of China’s COSCO Shipping Corp. start to hit just as the heating season begins to boost demand.
October 11, 2019GovernmentBusiness
Trump Says Day 1 China Trade Talks Went ‘Very Well’
President Donald Trump said the first day of high-level trade negotiations between the U.S. and China went “very well†and he’ll meet the top Chinese negotiator on Oct. 11.
October 10, 2019GovernmentBusinessTechnologySafetyAutonomous
Trucking Takes on Emerging Challenges
SAN DIEGO — Trucking leaders discussed how potential changes to federal regulations and international trade policy may soon affect the industry during American Trucking Associations’ 86th annual Management Conference & Exhibition, held from Oct. 5-8.
October 10, 2019GovernmentBusinessLogistics
GM Factory Hands Making 40% Less Than Their Coworkers
The future of temps has been among the major impasses contributing to the United Auto Workers union’s strike against GM, now in its 25th day.
October 10, 2019GovernmentBusinessTechnologySafety
Funding Bills to Dominate Congress’ Fall Legislative Agenda
When congressional funding leaders return to Washington on Oct. 15, they plan to cut through a tense political atmosphere and resume negotiations on their fiscal 2020 appropriations measures.
October 10, 2019GovernmentSafety
USDOT Targets Infrastructure Needs in Rural Areas
Transportation priorities across rural areas will be the focus of an initiative recently established at the U.S. Department of Transportation, the country’s top transportation officer announced Oct. 8.
October 10, 2019