17 Apr Transport Topics Wins Eight Regional Azbee Awards WASHINGTON — Transport Topics collected honors in eight categories, including a gold award for its coverage of the 2018 Management Conference & Exhibition, as the American Society of Business Publication Editors handed out its 2019 Mid-Atlantic Azbee Awards on April 17. Read more...
17 Apr Army Corps of Engineers Takes Heat in Wake of Missouri River Flooding GLENWOOD, Iowa — The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators April 17 during a hearing held to examine the massive spring flooding that caused more than $3 billion in damage in the Midwest. Read more...
17 Apr Amazon Is Said to Prepare Closing of Chinese E-Commerce Store Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter. Read more...
17 Apr Growth Continues, but Risk of Recession Looms Larger, Economist Says ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry. Read more...
17 Apr Trade Gap Narrows to Eight-Month Low on Plane Exports The U.S. trade deficit unexpectedly narrowed to an eight-month low in February on a surge in civilian aircraft exports, which may come under pressure after the grounding of Boeing Co.’s 737 Max planes. Read more...
17 Apr Toyota Sees Electric Cars ‘Down the Road,’ but Future is Now for VW Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs. Read more...
17 Apr FMCSA Grants Ag Haulers a Five-Year Exemption Permitting New Cargo Securement Techniques Federal regulators have granted a five-year exemption to the Agricultural & Food Transporters Conference of American Trucking Associations, clearing a variety of alternative methods to secure agricultural commodities grouped into large singular units. Read more...
17 Apr Infrastructure Policy On Tap When Trump, Pelosi Meet Again Amid growing pressure from the transportation community, President Donald Trump and House Speaker Nancy Pelosi intend to meet again soon to discuss infrastructure policy. Read more...
17 Apr Ford Sees $1 Billion Boon From One Truck Plant Transformation Ford Motor Co. predicted an earnings boon from converting just one car plant to make trucks and also SUVs. And the automaker said that factory is just the first of many that will pump out more profit. Read more...
17 Apr PepsiCo Shares Climb to Highest on Record Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980. Read more...