U.S. Steel Corp. said it expects to report a wider loss than analysts were expecting, the third American steelmaker in three days to warn on their outlook. The shares fell.
September 19, 2019Search
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Ports Post Record Volume as Holiday Season Begins
Major U.S. seaports posted growth in containerized cargo volume for August, the start of the season when retailers begin importing holiday merchandise.
September 18, 2019NYC Congestion Pricing Encouraged by Transportation Group
New York’s congestion pricing plan should include fees on motorists both entering and leaving midtown Manhattan, as well as variable rates linked to peak and off-peak hours to encourage commuters to choose the least busy times to travel, a transportation group recommended.
September 17, 2019US Exporters Rely on Trucks to Meet Mexico’s Fuel Demand
U.S. exporters are increasingly relying on trucks to get fuel into Mexico as the country’s gasoline production sags and infrastructure constraints limit shipments from one coast to the other.
September 17, 2019Striking GM Workers, Union Far From Agreement
General Motors Co. and the United Auto Workers remain far apart in their talks over a new contract, according to the union’s top negotiator, making it less likely a strike called Sept. 15 will end within two days like a previous work stoppage did in 2007.
September 17, 2019Port of Savannah to Expand Rail Service to Chicago
The Georgia Ports Authority introduced dual rail service from the Port of Savannah to Chicago, with cargo reaching the Midwestern city in less than three days.
September 13, 2019ACT Forecasts Imminent Slowdown in Class 8, Trailer Production
For those still wondering about the state of the commercial vehicle market in the United States, ACT Research during a webinar Sept. 11 delivered a forecast that conditions continue to deteriorate and that pullback in build rates for heavy-duty trucks and trailers is “imminent.â€
September 12, 2019Applications Filed for Major Cargo Projects at Anchorage Airport
Nearly $600 million worth of cargo warehouse and transfer facility developments are proposed at Ted Stevens Anchorage International Airport.
September 12, 2019Cities Need ‘Sophisticated Urban Freight Policies,’ Report Says
Officials aiming to facilitate the flow of freight amid advancements in autonomous vehicle technologies need policies designed to reduce the frequency of freight trips while enhancing safety, a new report by the National Association of City Transportation Officials concluded.
September 10, 2019VW Warns Trade War Causing Slow Car Sales
Volkswagen AG and other carmakers warned that trade tensions risk dragging the global economy into a recession as the fallout starts to hit consumers.
September 10, 2019