Two BNSF Freight Trains Collide in Texas on Busy Rail Route
Two BNSF Railway Co. freight trains collided June 28 in Texas, leaving at least one worker injured. Rescue efforts were under way for three other employees involved in the accident.
June 29, 2016Pending Sales of Existing Homes Fall More Than Forecast
Contracts to purchase previously owned U.S. homes fell more than projected in May, a sign demand cooled after a robust start to the busiest selling season of the year, figures from the National Association of Realtors showed June 29 in Washington.
June 29, 2016Low Oil Prices Slow Cargo Flow, But Houston Port Prepares for Growth
Low oil prices slowed the volume of general cargo the Port of Houston Authority handled in the first five months of the year, commissioners said June 28.Yet, signaling long-term confidence, the Port Commission also awarded a contract for up to $34.4 million to buy three cranes for its Bayport Container Terminal.
June 29, 2016Construction Starts on $13.5 Million Indiana Intermodal Facility
State and local officials joined executives from Transpoint Intermodal to break ground June 28 on a new $13.5 million, 64-job cargo transfer facility in Fort Wayne, Indiana.
June 29, 2016After Panama Canal Expansion, Port Manatee Optimistic for More Business
A Port Manatee trade executive has returned from ceremonies marking the expansion of the Panama Canal, saying he is optimistic that the expansion will reap big benefits for the port.
June 29, 2016ZF Unveils Evasive Maneuver System, Outlines Automated Vehicle Strategy
AACHEN, Germany — ZF Friedrichshafen has announced a new collision avoidance technology that incorporates active steering, marking the next step in the component supplier’s broader push to enable automated driving capabilities.
June 29, 2016Consumer Spending Rises in May, Income Growth Cools
Consumer purchases moderated last month after the biggest advance since August 2009, as American households realigned outlays with slower income growth.
June 29, 2016At 60, Interstate Highway System’s Bridges Need Upgrade, Report Says
A significant number of bridges along the Interstate Highway System are in need of repairs, a recent report by a non-profit transportation group found.
June 28, 2016Report Finds New Oil Blends Could Improve Fuel Efficiency Up to 1.5%
Two new low-viscosity oil lubricants set to come onto the market, CK-4 and FA-4, will improve fuel efficiency in heavy-duty trucks between 0.5% and 1.5%, according to a new report from the North American Council for Freight Efficiency.
June 28, 2016Interstate Highway System Concrete Birthday Cake Given to Federal Highway Administration
To celebrate the 60th birthday of the Interstate Highway System, advocates presented the Federal Highway Administration with a cracked, concrete birthday “cake,” topped with six road flares, to call Congress to act on increasing infrastructure funding.
June 28, 2016