WASHINGTON — The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6%, the slowest pace since the beginning of 2018, as the government shutdown and other factors took a toll on growth. Economists believe growth has slowed even more in the current quarter.
February 28, 2019Search
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Cyprus: ExxonMobil Finds Third-Biggest Gas Deposit in Two Years
NICOSIA, Cyprus — ExxonMobil has made the world’s third-biggest gas find in the past two years off the cost of Cyprus, the country’s government said Feb. 28.
February 28, 2019FMCSA’s Ray Martinez Urges Carriers to Convert AOBRDs to ELDs
DALLAS — Ray Martinez, the head of the Federal Motor Carrier Safety Administration, urged carriers to complete the trucking industry’s transition to electronic logging devices and expressed optimism about the potential to add flexibility to driver hours-of-service rules.
February 28, 2019House Transportation Leader DeFazio Offers Infrastructure Legislation Roadmap
Speaking to reporters at a conference hosted by the American Association of State Highway and Transportation Officials on Feb. 27, Rep. Peter DeFazio (D-Ore.) explained that his committee would most likely tackle infrastructure policy via two paths.
February 27, 2019Transportation Secretary Elaine Chao Addresses Autonomous Tech, Infrastructure at AASHTO Briefing
WASHINGTON — Widespread adoption of autonomous vehicle technologies depends largely on public trust, according to Transportation Secretary Elaine Chao. Autonomous technology can take a variety of forms in transportation, from lane-departure warning systems and automated brakes to truck platooning. Automated technologies have, however, raised public concern over security and privacy.
February 27, 2019Oil Imports at 23-Year-Low, Output Hits Another Record
The United States imported the least amount of crude oil on a weekly basis in 23 years, as OPEC-members Saudi Arabia and Venezuela cut their shipments to unusually low levels.
February 27, 2019New York City Girds for Possible Congestion-Pricing Changes
Under the plan sketched out Feb. 26, electronic-tolling devices would be installed around the district south of 61st Street by 2020, with discounts for off-peak travel. Uber Technologies Inc. is among those supporting the push for so-called congestion pricing.
February 27, 2019ATA Among Members of New USMCA Coalition
President Donald Trump’s trade agreement with Canada and Mexico received a significant endorsement as more than 200 companies and associations representing freight and farming stakeholders urged Congress to pass the deal.
February 27, 2019Vancouver Squeezed for Industrial Space, Canadian Brokerage Says
The market for industrial space is so hot in Vancouver, British Columbia, the city may run out of land for the sector, according to brokerage CBRE Ltd.
February 26, 2019T&I Ranking Republican Sam Graves Slams Green New Deal
Democrats’ Green New Deal manifesto aimed at revolutionizing the country’s transportation system by drastically reducing fuel emissions was described as a fantasy by the top Republican transportation policymaker in the U.S. House of Representatives.
February 26, 2019