19 Jan Housing Starts Rose More Than Expected in December Builders broke ground in December on more U.S. homes than forecast as a jump in apartment construction helped cap the seventh straight yearly increase, a report from the Commerce Department showed Jan. 19. Read more...
18 Jan US Judge Approves Hanjin's Sale of Total Terminals International for $133 Million A U.S. District Court bankruptcy judge has approved a $133 million dollar deal between Hanjin Shipping Co. and a terminal operating subsidiary of the Mediterranean Shipping Co. to purchase a majority share in Total Terminals International. Read more...
18 Jan Railroads Report Better Fourth Quarter, But Shakeup Could Alter Industry in 2017 The fourth quarter marked a turnaround for the railroad companies from the lackluster year, according to earnings released last week, but a potentially major shakeup could result in an interesting 2017 for the industry. Read more...
18 Jan Fed Says US Growth Continues Modestly as Job Market Tightens The U.S. economy continued to expand modestly from late November through the end of 2016 as a tightening labor market helped lift wages and prices more broadly, a Federal Reserve survey showed. Read more...
18 Jan Trump's Commerce Pick Signals Plan to Launch Nafta Talks Early Renegotiating the North American Free Trade Agreement will be a priority for Donald Trump's administration, his nominee for commerce secretary said, signaling new talks with Canada and Mexico will begin swiftly after the Jan. 20 inauguration. Read more...
18 Jan AASHTO Honors Idaho's Transportation Department for Innovation The Idaho Transportation Department's employee-driven innovation program has been saluted by the American Association of State Highway and Transportation Officials. Read more...
18 Jan Port Everglades to Explore Export Opportunities With Cuba Port Everglades plans to sign an agreement with Cuba designed to generate job opportunities locally and revenue for both the port and its Caribbean counterpart, according to a letter by Port Director Steven Cernak inviting business leaders to the signing on Jan. 26. Read more...
18 Jan Southwestern Pennsylvania Regional Freight Movement Expected to Increase 40% by 2040 The 10-county southwestern Pennsylvania region can expect the amount of freight moving into and out of the area to increase by 40% by 2040. Read more...
18 Jan Trucker Tools Announces Load Track Integration With McLeod PowerBroker Mobile app developer Trucker Tools announced an integration of its Load Track feature with McLeod Software's PowerBroker management system for freight brokerage. Read more...
18 Jan Carrier Logistics Adds Weighing, Measuring System Transportation software firm Carrier Logistics Inc. has added a weighing and measurement system to help less-than-truckload carriers save on costs and provide accurate rates. Read more...