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President Calls on U.S. to Upgrade Infrastructure

President Obama said during his State of the Union address that the federal government should ā€œredoubleā€ its efforts to upgrade the nation’s infrastructure, a message met with praise from industry and labor groups.

January 31, 2011

NITL, Retailers Ask Congress for Legislation Repealing Ocean Liners’ Antitrust Immunity

More than two dozen retail and shipper organizations, including the National Industrial Transportation League and the National Retail Federation, have urged congressional leaders to advance legislation that repeals the antitrust immunity that ocean liner carriers have enjoyed since 1916.

January 31, 2011

Consumer Confidence Falls Slightly

Consumer confidence slipped in January from a six-month high in December, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

January 28, 2011

Better Days Ahead

A few stories in this edition of Transport Topics illustrate quite well the current state of the national economy.

January 31, 2011

Kansas City Southern’s 4Q Profit Grows

Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.

January 27, 2011

Obama Urges Boosting U.S. Infrastructure, Exports

President Obama in his State of the Union speech Tuesday called for more investments in infrastructure even as he urged a partial freeze in federal spending to rein in the U.S. deficit.

January 26, 2011

Business, Labor Groups Praise Obama’s Stance on Infrastructure

The U.S. Chamber of Commerce and the AFL-CIO released a joint statement Wednesday praising President Obama’s stance onĀ boosting U.S. infrastructure in his State of the Union address Tuesday night.

January 26, 2011

Consumer Confidence Hits Eight-Month High

Consumer confidence hit its highest level in eight months in January, the New York-based Conference Board reported Tuesday.

January 25, 2011

IMF Boosts World Economic Growth Projection

The International Monetary Fund boosted its forecast for global economic growth this year, reflecting stronger U.S. output based on tax-cut extensions and higher growth in emerging economies, Bloomberg reported Tuesday.

January 25, 2011

Carol Browner Departing as Obama Energy Adviser

Carol Browner, the Obama administration’s top adviser on energy and climate issues, plans to step down from her position, the Associated Press reported, citing White House officials.

January 25, 2011