WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods showed a slight increase in August but a key sector that tracks business investment plans declined, likely reflecting fallout from President Donald Trump’s trade wars.
September 27, 2019Search
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A 12,000-Mile Trip May Be in Vain Due to Iran Oil Sanctions
More than two months and 20,000 kilometers (12,000 miles) ago, the tanker Da Yuan Hu left Singapore and headed to Mexico to pick up a shipment of crude oil. On Sept. 26, with less than two weeks to go until it reaches its destination, its long quest could be in jeopardy.
September 26, 2019Congress Clears Temporary Federal Funding Bill for Trump
In an 82-15 vote, the Senate cleared legislation for President Donald Trump’s signature to avert a shutdown of federal agencies.
September 26, 2019ATA’s Costello Optimistic About Trucking Industry Economy, With One Exception
WASHINGTON — The spot market is suffering a decline in activity this year, but contract business and the promise of improving trade negotiations between the United States and China are helping to keep the freight market on steady ground, said the chief economist of American Trucking Associations.
September 26, 2019FHWA Says New Highway Project Rule Encourages Use of Innovative Materials
The Federal Highway Administration has issued a final rule that it said will provide greater flexibility for states to use proprietary or patented materials in federal-aid highway projects.
September 26, 2019DeFazio: House Transportation Panel Likely to Take Up Highway Bill Early Next Year
WASHINGTON — The transportation committee in the U.S. House of Representatives is likely to consider a long-awaited highway bill early next year, Rep. Peter DeFazio, the chamber’s top transportation policymaker, said in an exclusive interview with Transport Topics.
September 26, 2019FMCSA Issues $77 Million in Grants Supporting Truck Safety, Driver Training
The Federal Motor Carrier Safety Administration announced more than $77 million in grants to states and training institutions to improve commercial motor vehicle safety.
September 26, 2019US Economy Grew at Modest 2% Rate in Q2
The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll.
September 26, 2019Short US Transport Stocks as World Growth Worsens, Cantor Says
Cantor Fitzgerald LP is recommending bearish trades on the U.S. transportation sector amid a deteriorating global trade landscape and worsening economic numbers.
September 26, 2019California Gov. Gavin Newsom Signs Heavy-Duty Truck Smog Inspection Program Bill Into Law
Democratic Gov. Gavin Newsom has signed into law a bill that directs the California Air Resources Board and other state agencies to develop and implement a new smog inspection program for heavy-duty diesel on-road trucks.
September 25, 2019