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Washington State Transport Package Sets Aside $450 Million for New I-5 Bridge

The Washington state Senate Transportation Committee passed a $15 billion transportation package March 6 that includes $450 million for a new Interstate 5 bridge across the Columbia River.

March 7, 2019

Truckers Help Fight Hunger in Indiana With Food Drop Program

Truckers moving through Indiana are combating hunger across the state through a program that allows them to donate loads of food that have been rejected by stores.

March 7, 2019

How a US-China Deal Might Reshape Global Trade

President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?

March 7, 2019

Asia Remained Top US Oil Buyer in 2018 Despite China Trade Row

Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war.

March 7, 2019

Productivity Gains Exceed Forecasts Even as Output Cools

Productivity gains in the U.S. last quarter exceeded forecasts though were little changed from the prior reading as output and hours worked both cooled, with efficiency improvements surpassing the recent average for a third period.

March 7, 2019

Congress Signals Potential for Infrastructure Bill as Stakeholders Call for Sustainable Funding

WASHINGTON — Leadership from groups representing key sectors of the freight industry on March 6 urged the powerful tax-writing committee in the U.S. House of Representatives to approve a long-term funding system for the country’s network of freight and commuter corridors.

March 6, 2019

Companies Added 183,000 Workers in February

Companies added fewer workers to U.S. payrolls in February after a burst of hiring in the prior month that was stronger than previously reported, signaling that the labor market continues to underpin what may become the longest economic expansion on record this year.

March 6, 2019

Tesla Probably Can’t Make Money in China, Morgan Stanley Says

Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value.

March 6, 2019

Trade Gap of $621 Billion in 2018 Marked Highest in Decade

The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports.

March 6, 2019

Legal Status for Transport of Hemp Remains Confusing

The 9th U.S. Circuit Court of Appeals has agreed to hear a legal challenge to the arrest of an Oregon truck driver and seizure of a 6,700-pound load of hemp being transported through Idaho.

March 6, 2019