Business

A long-term infrastructure funding measure and increased oversight of the Trump administration will be priorities the new Democratic leadership in the U.S. House intends to pursue during the next two years, the incoming chairman of the transportation panel told reporters Nov. 7.

WASHINGTON — The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate increase is expected in December.

A decision last month by a federal judge in Arkansas that truck drivers are entitled to compensation for time in the sleeper berth was preceded by two federal cases that resulted in legal rulings more favorable for carriers, including one that was affirmed by an appeals court.

The American Transportation Research Institute is asking fleets to provide data from their electronic logging devices to be used in confidential research for studying policy issues in trucking.

Mercedes-Benz parent company Daimler and auto supplier Bosch plan to launch a self-driving car pilot for the public in San Jose, Calif., in the second half of 2019.

FedEx Corp. will raise general rates on Jan. 7, according to a statement the company released on Nov. 5, reflecting tight capacity and greater demands from a strong economy.

Voters demonstrated a reluctance to approve new funding measures but a commitment to securing existing funds for transportation purposes during the Nov. 6 election.

Inspired by the “Shark Week” ratings phenomenon, the History Channel is turning to trucks. At 8 p.m. Nov. 10, “Truck Weekend in America” launches six hours of truck programming that spotlights new trucks, rescue trucks, restoring trucks, how trucks are built in factories and how trucks have transformed our culture.

The wind changed again in a stormy oil market as OPEC signaled it will consider a return to cutting output next year, potentially making the second production U-turn this year.