The Trump administration on Feb. 19 said it will cancel more than $900 million in federal grants earmarked for a high-speed rail project California that the state’s Democratic governor announced would be scaled back from its initial vision amid delays and cost overruns.
February 20, 2019Search
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Corn Included in Trump’s Trade Talks With China
U.S. corn sales to China have been part of the ongoing trade discussions between the nations, President Donald Trump said from the White House Oval Office on Feb. 19.
February 20, 2019FMCSA Grants Pyrotechnics Group ELD Exemption
The Federal Motor Carrier Safety Administration has granted certain members of the American Pyrotechnics Association reprieve from the electronic logging device rule.
February 19, 2019XPO’s Brad Jacobs Hits Brakes on M&As
After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.
February 19, 2019XPO Denies Memphis Plant Closing Is Retaliation
XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.
February 19, 2019Amazon Ditches Plans for New York Headquarters
Amazon.com is pulling out of a plan to build a headquarters in New York City, after a backlash from some residents and politicians, the e-commerce giant said.
February 14, 2019Tesla Racing to Get Model 3s to China Before Potential Tariff Hike
Tesla Inc. is loading as many Model 3 sedans as it can onto vessels destined for the People’s Republic ahead of March 1, when a trade-war truce between presidents Donald Trump and Xi Jinping is scheduled to expire.
February 13, 2019New York Mayor Bill de Blasio Calls Amazon’s HQ2 Jobs ‘Mission Critical’
Defending the incentive package to attract Amazon.com Inc.’s HQ2 to New York City, Mayor Bill de Blasio said the prospect of the tech giant bringing tens of thousands of jobs to the area was “mission critical.â€
February 12, 2019Analyst Says Fuel Supply Inadequate for Ocean Shippers to Comply With New Rule
Not enough low-sulfur fuel oil is available to replace the fuels used by marine shippers ahead of a fast-approaching regulation, according to analysis by Wood Mackenzie.
February 11, 2019Robot Package Delivery Trucks Developed in Detroit Ready for China, US
Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: Revolutionize mail and package delivery.
February 11, 2019