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The CEO of the world’s largest alternative asset manager is confident the United States isn’t headed toward a recession any time soon and is certain the nation will strike a trade deal with China, Schwarzman said in a Bloomberg Television interview April 18.

U.S. retail sales jumped by the most since September 2017 as gains in motor vehicles and gasoline stations boosted sales, signaling consumers are giving the economy greater support.

WASHINGTON — Transport Topics collected honors in eight categories, including a gold award for its coverage of the 2018 Management Conference & Exhibition, as the American Society of Business Publication Editors handed out its 2019 Mid-Atlantic Azbee Awards on April 17.

The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators earlier this month during a hearing held to examine the massive flooding that caused more than $3 billion in damage in the Midwest.

ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry.

The U.S. trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports, which may come under pressure after the grounding of Boeing Co.’s 737 Max planes.

Federal regulators have granted a five-year exemption to the Agricultural & Food Transporters Conference of American Trucking Associations, clearing a variety of alternative methods to secure agricultural commodities grouped into large singular units.

Amid growing pressure from the transportation community, President Donald Trump and House Speaker Nancy Pelosi intend to meet again soon to discuss infrastructure policy.

Boosted by extraordinary trade growth with Vietnam, the Port of Oakland will offer a direct line to the Southeast Asian nation. Pacific International Lines will operate the service using vessels that can carry up to 11,900 20-foot equivalent units.