Secretary Chao to Headline Infrastructure Week Kickoff May 15
The fifth annual Infrastructure Week will commence May 15 with a keynote address from the country’s top transportation officer.
May 12, 2017It's Back to Steady for US Economy as Retail Sales, CPI Rise
Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
May 12, 2017Four-Month High in Consumer Sentiment to Sustain Spending
A four-month high in consumer confidence indicates Americans remain optimistic about their incomes, helping to support steady growth in spending this year, University of Michigan survey data showed May 12.
May 12, 2017Gain in Retail Sales Suggests Slowdown Was Temporary
A pickup in U.S. retail sales last month adds to signs of steady consumer spending that will help propel the economy after a first-quarter slowdown, Commerce Department data showed May 12.
May 12, 2017Rebound in Consumer Prices Shows Inflation Stabilizing
A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policymakers to raise interest rates, Labor Department figures showed May 12.
May 12, 2017Highway Safety Institute Backs Side Underride Guards for Trailers
The Insurance Institute for Highway Safety said May 10 it supports creating a new safety mandate requiring side underride guards on semitrailers to help reduce a leading cause of truck-involved accident fatalities.
May 11, 2017More Than 100 Members of Congress Call for Highway Trust Fund Fix
With more than 100 colleagues joining him in urging the tax policy committee to ensure the solvency of the Highway Trust Fund this year, the leader of the subcommittee on highways is continuing to push for sustainable funding for infrastructure projects as Congress turns its attention to reforming tax policy.
May 11, 2017Uncertainty Clouds NAFTA Changes for Mexico Factories
AUSTIN, Texas — Manufacturers in Mexico aren’t as concerned about President Donald Trump’s recent threats to dump or renegotiate the North American Free Trade Agreement as some recent public reports have suggested, according to executives speaking at a Transplace Symposium here.
May 11, 2017Maersk Soars as CFO Says Liner Business `Definitely' Improving
Shares in A.P. Moller-Maersk A/S soared as the company behind the world’s biggest container shipping liner pointed to an improvement in its transport business that it said wasn’t yet reflected in first-quarter results.
May 11, 2017Schneider Posts Higher Revenue, Lower Profits in First Quarter
Schneider reported solid growth but lower overall profits in the first quarter of 2017 compared with the same period a year ago in its first quarterly financial report since becoming a public-traded company in April.
May 11, 2017