Domestic Discretionary Spending Slashed in Trump’s $4.7 Trillion Budget Proposal
President Donald Trump will propose a U.S. budget that wouldn’t balance for 15 years, even assuming stronger economic growth than private forecasters expect and with deep domestic spending cuts that have little chance of passing Congress.
March 11, 2019Ceva to Manage Ikea Distribution Center in New York
Ceva Logistics has opened a customer distribution center with home-furnishings retailer Ikea in Staten Island, N.Y., according to a news release.
March 11, 2019Tennessee Panel OKs $10 Million for FedEx Project in Memphis
NASHVILLE, Tenn. — A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.
March 11, 2019Pelosi Says Trump Willing to Work With Dems on Infrastructure
House Speaker Nancy Pelosi said President Donald Trump “assured” her that they could work together on two bipartisan priorities: increasing infrastructure spending and reining in drug prices.
March 8, 2019WiseTech Global Acquires Singapore Firm Containerchain
WiseTech Global, a logistics company based in Sydney, has acquired Containerchain, a container logistics provider that does business in Asia, Europe and the United States, according to a WiseTech news release.
March 8, 20192019 TMC Photo Gallery
Look back at photos from American Trucking Associations' 2019 Technology & Maintenance Council annual meeting at the Georgia World Congress Center in Atlanta, March 17-21.
March 8, 2019Navistar Posts Best First-Quarter Gains Since 2010
Navistar International Corp. reported higher net income and revenue as the parent company of International Truck posted its best fiscal-year first quarter since 2010.
March 8, 2019Railroad Representatives Petition FMCSA for HOS Exemption
Two companies and a trade association representing railroad employees have petitioned the Federal Motor Carrier Safety Administration for relief from certain hours-of-service rules.
March 8, 2019EPW Chairman John Barrasso Calls for Confirmation of FHWA Nominee Nicole Nason
Sen. John Barrasso, chairman of the Environment and Public Works Committee, pressed his colleagues to support the confirmation of Nicole Nason to lead the Federal Highway Administration.
March 8, 2019Hiring Plunges to 20,000 as Wage Gains Top Estimates
U.S. hiring was the weakest in more than a year while wage gains were the fastest of the expansion and the unemployment rate fell, a possible sign that America’s jobs engine is starting to slow down. Treasuries rose while the dollar and stock futures fell.
March 8, 2019