Business

TravelCenters of America reported fourth-quarter net income with a significant increase in fuel gross margin, but revenue dipped. It posted similar full-year results.

The U.S. average retail price of diesel fell 3.1 cents to $2.851 per gallon, the Department of Energy reported March 2.

Amtrak named a former air cargo executive as its new president and chief operating officer March 2.

WASHINGTON — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak.

WASHINGTON — Spending on U.S. construction projects rose to an all-time high in January, helped by strong gains for home construction and government building projects.

Facing strong headwinds from the lingering effects of the U.S.-China trade war, the slowdown associated with the Chinese New Year, and later the coronavirus, most of the nation’s ports saw container volumes fall in January.

Economists who closely follow the transportation and trucking industry say the next month will be critical as to whether the economy avoids a recession in 2020 as concerns over the spread of the coronavirus mount.

NEW YORK — With the coronavirus outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further.

The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time.

BOSTON — Fees for ride-hailing services and a 5-cents-per-gallon hike in the state’s gas tax are the heart of a plan floated by Democrats in the House of Representatives to pay for upgrades to roads, bridges and public transit.