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Kentucky Unveils Potential Statewide Projects

The Kentucky Transportation Cabinet’s list of projects that will be considered as candidates for state transportation funding includes improvement plans for several major freight corridors.

July 3, 2019

New Shipping Fuel Rules Are Starting to Rock the Oil Market

They may still be six months away, but new rules on marine fuels are already sending shock waves through the little-known world of refinery feedstocks.

July 3, 2019

Once Touted as an Economic Boon, W.Va. Intermodal Facility Faces Auction Block

Once touted as a key economic development tool for southwestern and central West Virginia, the $32 million Heartland Intermodal Gateway is likely to shut down this fall, and go on the auction block within a year, Transportation Secretary Byrd White said July 2.

July 3, 2019

Survey: Modest Job Gains in June Hint at Slowing Economy

WASHINGTON — U.S. companies added just 102,000 jobs in June, a possible turning point that could signal a coming increase in the unemployment rate.

July 3, 2019

US Trade Deficit Rises to Five-Month High of $55.5 Billion in May

WASHINGTON — The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened. The Commerce Department said July 3 that the gap between the goods and services the U.S. sells and what it buys from foreign countries rose 8.4% to $55.5 billion in May.

July 3, 2019

Secretary Chao: Fuel Tax a ‘Topic of Discussion’ During Infrastructure Policy Talks

Responding to whether the federal fuel tax should be raised to help fund the country’s corridors, Transportation Secretary Elaine Chao acknowledged the funding approach garnered interest during negotiations of a comprehensive infrastructure bill.

July 2, 2019

Pair of Senators Introduce Speed-Limiter Legislation for Heavy Trucks

A bipartisan bill that aims to require speed limiters on heavy trucks has been introduced in the Senate, the latest attempt by lawmakers to revive an issue that for years has been circulating on Capitol Hill.

July 2, 2019

Wage and Job Growth Are Slowing, New Report Warns

The U.S. labor market is showing further signs of a slowdown, according to new data from Glassdoor. Job openings in the U.S. increased just 1.4% from the same period last year, according to the employment site’s June 2019 Job Market Report.

July 2, 2019

US Proposes More Tariffs on EU Goods

The U.S. added more European Union products to a list of goods it could hit with retaliatory tariffs in a long-running trans-Atlantic subsidy dispute between Boeing Co. and Airbus SE.

July 2, 2019

Diesel Price Average Dips 0.1¢ to $3.042 a Gallon

The U.S. average retail price of diesel dropped 0.1 cent to $3.042 a gallon, the Department of Energy reported July 1. Crude oil prices remained near $58 a barrel after touching $60 earlier in the day.

July 1, 2019