Business

Amazon.com has jumped into the market of the third-party logistics broker, roiling the waters and raising concern that the Seattle-based e-commerce giant could disrupt the freight industry forever and indelibly.

WASHINGTON — A bottom-up approach to funding a $2 trillion infrastructure package was suggested by Bill Shuster, former chairman of the transportation policy panel in the U.S. House of Representatives, during keynote remarks at an event hosted by the Intelligent Transportation Society of America on May 15.

PROVIDENCE, R.I. — A self-driving shuttle got pulled over by police on its first day carrying passengers on a new Rhode Island route.

Connecticut Gov. Ned Lamont, architect of a controversial tolling plan, has offered an idea of what toll rates will look like in a recent letter to the General Assembly. In the letter, published May 9, Lamont revealed that peak rates will be set at 4.4 cents per mile.

Oil rose after a government report showed shrinking U.S. gasoline supplies, suggesting more demand ahead for crude as tensions flare in the Middle East.

Many of the nation’s ports have reported record monthly and quarterly container volumes so far in 2019, but port executives are expressing concern that steeper tariffs on Chinese goods imposed by President Donald Trump could hurt the economy — and their facilities.

You can build a better mousetrap, and the world will beat a path to your door, Ralph Waldo Emerson noted in the late 19th century. More than 100 years later, Ryan Walsh is building a better mailbox so the world’s goods can be delivered to your door.

Plodding down DeKalb Avenue in Brooklyn is a bus moving under the power of an eerily quiet motor. It looks newer than most buses on the route, with a vivid digital display facing the driver and doors that part with a futuristic pneumatic swoosh. Commuters trundling aboard at rush hour don’t seem to realize this is one of the few electric buses—300 last year, to be exact—in America.

U.S. stock futures slumped and Treasuries surged, signaling the May 14 relief rally will be short-lived, as fresh concern about the health of the global economy rattled investors still on edge over the trade war.

WASHINGTON — U.S. industrial production fell in April, dragged by a big drop in factory output as production of autos and auto parts continued to slide.