Canadian National Railway appears to be the front-runner to acquire Kansas City Southern Railroad after the KCS Board of Directors on May 13 declared CN has presented a “superior proposal” to an earlier offer from Canadian Pacific to purchase the U.S.-based railway.
May 14, 2021Search
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Manufacturing Output Increased in April for a Second Month
U.S. manufacturing output rose in April by slightly more than expected, suggesting further improvement for factories that are otherwise buffeted by supply shortages and shipping challenges.
May 14, 2021Lawmakers Back $8 Billion for Electric USPS Vehicles
House lawmakers advanced language authorizing $8 billion for the U.S. Postal Service to buy more electric vehicles as the agency modernizes its aging fleet.
May 13, 2021Polly Trottenberg Touts Biden’s Climate Change Agenda
President Joe Biden’s $2.25 trillion infrastructure plan would pave the way for programs that would address the impact severe weather events are having on certain ports, bridges, railways and transit systems, a senior transportation official told senators May 13.
May 13, 2021Mail Delivery Delays Persist in Metro Detroit
Slow, sometimes nonexistent mail delivery continues to plague several Metro Detroit neighborhoods despite the best efforts of U.S. lawmakers to identify and correct the problems.
May 13, 2021Biden Warns Against Gas Price Gouging After Cyberattack
President Joe Biden warned gasoline stations not to engage in any price gouging as motorists wait for fuel to start flowing reliably through the Colonial Pipeline, which reopened on May 12 after falling victim to a cyberattack.
May 13, 2021Federal, State Responses to Colonial Pipeline Attack Consider Trucking
Government agencies at the federal and state levels took a variety of measures — including some to help facilitate truck movement — in response to the cyberattack that temporarily halted operations for Colonial Pipeline.
May 13, 2021More Than 700 Barges Stuck in Mississippi River From Bridge Crack
A crack in a bridge over the Mississippi River has stranded more than 700 barges, cutting off the biggest route for U.S. agricultural exports when the critical waterway is at its busiest.
May 13, 2021Louisiana House Takes Action on Staged Accidents Involving Trucks
The Louisiana House has passed a bill that would make staging an accident with a car or truck a serious state crime.
May 13, 2021Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom
Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on May 7, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.
May 13, 2021