Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September.
November 7, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Montreal Port Seeks Trudeau’s Help to End Dockworker Strike
Two terminals operated by Termont Montreal that account for about 40% of the port’s container handling capacity have been closed since Oct. 31 after unionized dockworkers walked off the job
November 7, 2024EV Growth Expected to Slow Further Under Trump
Slowing electric-vehicle adoption is likely to accelerate even further as President-elect Donald Trump delivers on his promise to gut plug-in friendly policies.
November 7, 2024Freight Industry Welcomes Trump’s White House Return
The return of President-elect Donald Trump to the White House is being welcomed by key freight stakeholders seeking improvements across the commercial transportation sector.
November 7, 2024Biden Rushing Study That Threatens to Slow Trump’s LNG Plans
The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals.
November 7, 2024Nippon Steel Confident It Can Finalize Acquisition This Year
Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.
November 7, 2024Norfolk Southern’s One-Minute Inspection Rule Sparks Concern
Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week they should spend no more than a minute looking at each car.Â
November 7, 2024Fiscal 2025 Bills Top Congress’ End-of-Year Session
The approval of fiscal 2025 bills tops Congress’ priorities as lawmakers prepare to kick off their post-election legislative agenda.
November 6, 2024Trump-Musk Alliance May Boost Tesla, Reshape Big Tech
Silicon Valley is bracing for a different relationship with the U.S. government as Donald Trump prepares to return to the White House.
November 6, 2024N.Y. to Give $21.6M for Dairy Supply Chain, Milk Tankers
Gov. Kathy Hochul unveiled the grant program in her 2024 State of the State address as a response to mounting challenges facing dairy farmers.
November 6, 2024