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Matson Profit Falls 22% in 2016

Matson Inc., the biggest ocean cargo company serving Hawaii, suffered a 22% drop in profit in 2016 as higher expenses overshadowed revenue growth.

February 22, 2017

Trucking, Railroad Groups Want a Higher Federal Gas Tax: The Roadblock? Congress

As President Donald Trump and lawmakers in both parties roll out infrastructure plans, no one seems to be willing to consider the hottest, most vexing piece of that legislative puzzle: raising the federal gasoline tax.

February 21, 2017

Infrastructure Legislation Back on Congress' Radar

President Donald Trump's pledge to bring massive investments in U.S. infrastructure projects showed new signs of life Feb. 17 after lying dormant for weeks, as leading Republican lawmakers said proposals from the administration could be in the offing.

February 21, 2017

Wisconsin Hearing Puts Focus on Sharply Critical State DOT Audit

A recent audit that found the Wisconsin Department of Transportation underestimated highway projects by more than $3 billion raises questions about the agency's management, and of whether lawmakers must more closely oversee highway projects, state lawmakers said Feb. 21.

February 21, 2017

Indiana Lawmakers: Gas Tax Increase Might Get Reduced In Senate

A final hike in Indiana’s gas tax may not be as high as a measure passed out of the Indiana House of Representatives last week, some Wabash Valley legislators say.

February 21, 2017

Wabtec Earnings Fall on Slumping Freight Market

Wabtec Corp., a manufacturer of products for the freight and passenger rail markets, reported Feb. 21 a sharp decline in profits during the previous quarter and year as major freight rail carriers hit a slump.

February 21, 2017

South Korean Court Orders Shipping Giant Hanjin to Liquidate

A court in the South Korean capital, Seoul, declared struggling shipping giant Hanjin officially bankrupt on Feb. 17 and ordered the company to liquidate its assets.

February 17, 2017

Port of Vancouver Commissioners Pass Resolution In Support Of New Bridge

Commissioners at the Port of Vancouver unanimously passed a resolution during the week ending Feb. 18 that supports the replacement of the Interstate 5 bridge.

February 17, 2017

Missouri’s Need for Funds Drives Toll Talk Toward Dead End

The Missouri Highway 13 Corridor Coalition took stands against tolling Interstate 70 and for state legislators increasing the state fuel tax

February 16, 2017