Most of the money will go to track and bridge upgrades. Some will be used to bolster training and explore cleaner-burning alternatives to the diesel the rail industry has long relied on.
October 29, 2024Search
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New Indiana-Ireland Pact Seeks Direct Container Service
A business pact to form a container service between Indiana and Ireland was signed recently by officials from the Ports of Indiana and Port of Cork.
October 29, 2024New Arizona-Mexico Commercial Port Gets $275M Contract
The U.S. General Services Administration awarded a $275 million contract to create a large commercial border crossing in Arizona to facilitate bilateral trade with copper mines in Mexico.
October 29, 2024Soybean Demand Drops as US Biofuel Tax Credit Stalls
Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans because of uncertainty over U.S. biofuels policy.
October 29, 2024Trucking Firms Call on Hochul to Delay New York’s EV Rule
COHOES, N.Y. — Trucking industry executives and others asked Gov. Kathy Hochul to pump the brakes on state regulations that mandate sales of electric trucks in New York starting in January.
October 29, 2024PennDOT Approves Rules for Self-Driving Vehicles in State
There are now rules of the road for self-driving vehicles in Pennsylvania.
October 29, 2024Oil Prices Fall on Weak Global Demand
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.
October 29, 2024Biden to Announce $3B to Reduce Carbon Emissions at Ports
WASHINGTON — The Biden administration is awarding nearly $3 billion to boost climate-friendly equipment and infrastructure at ports across the country.
October 29, 2024US Finalizes China Investment Restrictions on Key Tech
The rules, which come after more than a year of deliberation, ban some investments into those industries and require the U.S. government to be notified about others.
October 28, 2024Fed Faces Trust Gap in Economic Management, New Data Show
The average level of trust in the Fed’s ability measured 3.2 on a scale of 1 to 7, with 7 representing the highest trust. The authors also found a political divide among respondents.
October 28, 2024