11 Apr Iceland Builds Arctic Port as Global Shipping Routes Get Redrawn As global warming creates shipping routes that can cut across the northern tip of the planet, a new port is being built on the fringe of the Arctic circle. Read more...
11 Apr Jobless Claims Unexpectedly Fall, Hitting New 49-Year Low Filings for U.S. unemployment benefits unexpectedly dropped, falling to the lowest level since October 1969, as the tight labor market showed little sign of easing. Read more...
10 Apr Transportation Secretary Elaine Chao Reminds House Panel: White House Open to All Infrastructure Funding Options WASHINGTON — Transportation Secretary Elaine Chao reaffirmed the Trump White House’s desire to partner with congressional transportation leaders on an infrastructure policy package that would reflect the views of Democrats and Republicans. Read more...
10 Apr Titanium Transportation Group Expands Into US Titanium Transportation Group Inc. has expanded into the United States with an office in Charlotte, N.C., the company said in a news release. The Bolton, Ontario-based brokerage firm said it expects to add other locations throughout the United States. Read more...
10 Apr Electric-Vehicle Tax Credits Get Bipartisan Boost in Senate A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co. Read more...
10 Apr Ports, Shipping Industry Responsible for 26% of US GDP, Study Says The bustling activity at America’s seaports added $5.4 trillion to the economy in 2018 by way of revenue to businesses, personal income and economic output by exporters and importers. Read more...
10 Apr Crude at Five-Month High as US Gasoline Stockpiles Tumble Crude closed at a five-month high after U.S. government data showed the biggest decline in gasoline stockpiles since 2017, offsetting an increase in crude inventories. Read more...
10 Apr Digital Dashboard Cameras Gaining Truckers' Acceptance As digital technology in trucking grows, so, too, do the ways it can be combined. Read more...
10 Apr FHWA Grant Supports Truck Parking Project Along I-10 The Federal Highway Administration has awarded the Texas Department of Transportation nearly $7 million to fund a truck parking availability system along Interstate 10 in four states. Read more...
10 Apr Ford Executives Shift Roles With Mobility Chief Near Retirement Ford Motor Co.’s two company presidents are shuffling roles — with one taking responsibility for the business of today, and the other the approach to tomorrow — as a third executive prepares to retire. Read more...