Transportation policymakers on Capitol Hill finalized a comprehensive water infrastructure legislative package, paving the way for its end-of-the-year passage.
December 4, 2024Search
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MARAD Awards $4.85M to Improve Cargo Flow on Marine Highways
USDOT's Maritime Administration has awarded $4.85 million in grants to fund several marine highway projects including new cargo-handling equipment in Louisiana and Washington.
December 4, 2024EV Charging Firm Ideanomics Files for Bankruptcy
Ideanomics, which owns technology used to charge electric buses and other commercial vehicles, has filed for bankruptcy.
December 4, 2024Nippon Steel Confident It Can Close Widely Opposed US Deal
Nippon Steel reiterated confidence that its $14.1 billion acquisition of U.S. Steel Corp. can be completed by year-end, even as the current and incoming presidents oppose the takeover.
December 4, 2024Trump Taps Peter Navarro as Trade Counselor
President-elect Donald Trump tapped Peter Navarro as his senior counselor for trade and manufacturing, elevating him to a role similar to the one he played in the first Trump administration.
December 4, 2024Trump’s Energy Nominee Chris Wright Champions Fossil Fuels
Liberty Energy CEO Chris Wright is President-elect Donald Trump's nominee to head the Department of Energy. He favors fossil fuels and has doubts about electric vehicles.
December 4, 2024Volatility Retreats in Crude Oil Market
With OPEC+ set to make a pivotal decision on production policy, oil prices remain resolutely rangebound, even with a second Donald Trump presidency imminent.
December 4, 2024Losses in China Lead to $5 Billion Charge for GM
DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in Q4.
December 4, 2024Texas Supreme Court Hears Werner’s $100M Verdict Appeal
Werner attorney Thomas Wright told the court that driver Shiraz Ali could not have foreseen that a pickup truck would suddenly cross an icy divided highway and strike the carrier’s truck.
December 3, 2024Snowstorm Heads for Great Lakes Region Again
Even more snow could be on the way for places in the Great Lakes region that are still digging out after days of storms caused deadly wrecks and buried some towns under nearly 6 feet of snow.
December 3, 2024