Canadian National Railway Co.’s proposal to acquire Kansas City Southern will be judged under stricter regulations adopted in 2001, the U.S. regulator said in an expected decision that lays the ground rules for what would be the first major rail merger in more than two decades.
May 17, 2021Search
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Diesel Rises 6.3¢ to $3.249; Gas Tops $3
The national average price of a gallon of diesel climbed 6.3 cents to $3.249, according to Energy Information Administration data, in the third straight increase for trucking's main fuel.
May 17, 2021Ford Visit Offers Symbolic Backdrop for Biden’s EV Agenda
President Joe Biden’s planned visit May 18 to the Dearborn, Mich., Ford Motor Co. Rouge Electric Vehicle Center that will build an electric version of the F-150 pickup will showcase what experts say is a powerfully symbolic example of a zero-emission vehicle with mass market appeal, built in the U.S. by union workers.
May 17, 2021The World Economy Is Suddenly Running Low on Everything
A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.
May 17, 2021Congressional Policymakers Unveil Local Infrastructure Legislation
Legislation to help localities gain access to funding for infrastructure projects was recently introduced in the U.S. House of Representatives.
May 17, 2021Rail Industry Defends Safety Record Amid Staffing Cuts
OMAHA, Neb. — Even as railroads are operating longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters.
May 17, 2021EU, US Reach Truce on Metal Tariffs Ahead of Biden Visit
The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley-Davidson motorbikes from a doubling of EU duties next month.
May 17, 2021Biden Infrastructure Plan’s Chances Gain as GOP Preps Offer
President Joe Biden’s prospects for passing a major infrastructure bill through Congress with bipartisan support — seen unlikely in the wake of his Democrat-only pandemic-relief package in March — are now rising, though disagreements over funding still could scrap a deal.
May 17, 2021Granholm: Fuel Crisis Is Near Its End
WASHINGTON — Energy Secretary Jennifer Granholm says the nation is “over the hump” on gas shortages following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.
May 15, 2021PennDOT Airport Funding Aims to Improve Economic, Operational Activity
In an effort to expand economic and operational capacity, the Pennsylvania Department of Transportation has invested $10 million in airports.
May 14, 2021