Jack Cooper Holdings Corp. has exited its Chapter 11 bankruptcy proceedings, the auto-hauling logistics company said Nov. 4.
November 5, 2019Search
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Trudeau: Canada to Resume Pork, Beef Shipments to China
Canada will resume shipments of pork and beef to China, Prime Minister Justin Trudeau said, signaling the Asian nation has lifted an import ban imposed earlier this year.
November 5, 2019US Services Companies’ Growth Rebounds in October
WASHINGTON — Growth in the vast U.S. service sector rebounded in October after sinking to a three-year low in September, causing concern for investors and economists.
November 5, 2019Kansas DOT Selects 22 Projects Through Cost Share Program
State leaders recently announced 22 projects have been selected as part of the Kansas Department of Transportation’s Cost Share Program, which is meant to provide funding for transportation initiatives.
November 5, 2019China Wants US to Drop Tariffs on $360 Billion of Imports for Trade Deal
China is seeking the rollback of U.S. tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the U.S. to sign a partial trade deal with President Donald Trump, according to people familiar with the matter.
November 5, 2019US Trade Deficit Falls to $52.5 Billion in September
The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum.
November 5, 2019Operational Cost of Trucking Up 7.7%, ATRI Report Says
The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.
November 4, 2019Diesel Dips 0.2¢ to $3.062 a Gallon
The U.S. average retail price of diesel fell 0.2 cent to $3.062 a gallon, the Department of Energy reported Nov. 4.
November 4, 2019VMT Tax for Trucks Presents Revenue Option for Highway Account, CBO Reports
About $2.6 billion in revenue would have been generated in 2017 if commercial trucks were taxed at a rate of 1 cent per mile, and compliance reached a rate of 90%, according to a recent report by the Congressional Budget Office.
November 4, 2019Government Shutdown Could Blur Economic Picture for Traders, Fed
The Federal Reserve is keeping a close eye on economic data as it “assesses the appropriate path” for monetary policy, but the central bank and traders in financial markets may find their vision blurred if Washington gridlock spurs yet another government shutdown later this month.
November 4, 2019