US Plans to Sell Down Strategic Oil Reserve to Raise Cash
The United States plans to sell millions of barrels of crude oil from its Strategic Petroleum Reserve from 2018 until 2025 under a budget deal reached Oct. 26 by the White House and top lawmakers from both parties.
October 27, 2015Consumer Confidence Falls in October to Three-Month Low
Consumer confidence fell in October to a three-month low as Americans became less upbeat about the labor market.
October 27, 2015Rep. Boustany: Finalizing Highway Bill ‘Difficult To Do Before Thanksgiving’
WASHINGTON — Presenting President Obama with a multiyear highway reauthorization bill before Thanksgiving — the goal outlined by transportation leaders on Capitol Hill — is too optimistic, a senior member of the Ways and Means Committee said Oct. 27.
October 27, 2015House to Consider Short-Term Highway Funding Extension Oct. 27
Funding authority for highway programs would be extended through Nov. 20 under legislation scheduled for floor consideration Oct. 27, according to a schedule released by House Majority Leader Kevin McCarthy (R-Calif.).
October 26, 2015Sen. Inhofe Optimistic Congress Will Send POTUS a Highway Bill in a ‘Few Weeks’
A multiyear highway reauthorization bill will arrive on President Obama’s desk by next month, the chairman of the Senate transportation policy committee said Oct. 26 on the chamber’s floor.
October 26, 2015N.Y. Official: No Timeline for New Tunnel Under Hudson
An aide to N.Y. Gov. Andrew Cuomo said Oct. 26 that there is no timeline to build a new tunnel under the Hudson River to connect New York and New Jersey.
October 26, 2015Trailer Maker Wabash National Introduces First Truck Bodies
Semi-trailer manufacturer Wabash National Corp. today introduced its first line of dry and refrigerated truck bodies to meet growing demand for urban delivery services.
October 26, 2015FedEx to Hire 55,000 to Handle Online-Fueled Holiday Shipping
FedEx Corp. will hire about 55,000 temporary workers to grapple with an expected 12% increase in shipping this holiday season, bolstered by an extra day of shopping and continued growth of online purchases.
October 26, 2015Sales of New Homes Slump to Lowest Level Since November
Purchases of new U.S. homes slumped in September to a 10-month low, disrupting a trend of steady improvement this year in the industry.
October 26, 2015Thermo King Develops Truck Solar Panel
Thermo King said it has developed a solar panel option for trucks, designed to provide an alternative power source for refrigerated and dry fleets.
October 26, 2015