Business

Sales of new U.S. homes unexpectedly rose in February after a downward revision to the prior month, suggesting the housing market is beginning to stabilize after a tumultuous year

A vote on President Joe Biden’s choice to run the Federal Aviation Administration was delayed indefinitely March 22 in the face of an opposition blitz by Republicans, who say the nominee lacks enough experience in aviation to lead the agency, which is under pressure to stem a surge in dangerous close calls between planes.

Renault SA is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric vehicle business, according to people familiar with the matter.

WASHINGTON — A bipartisan consensus that Congress should toughen railroad regulations emerged March 22 as senators heard fresh testimony on February's fiery hazardous train derailment.

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

In reviewing the connectivity of the country’s supply chain, the leader of the freight policy committee in the Senate called for modernizing transportation systems to improve safety.

Construction has begun on a new commercial inspection and processing facility to make it easier and faster for truckers to bring freight through Anzalduas Port of Entry.

The interpretation of a regulation by the Treasury Department could upend expectations for how tens of billions of dollars in new electric vehicle tax incentives will be distributed.

WASHINGTON — The Federal Reserve extended its yearlong fight against high inflation March 22 by raising its key interest rate a quarter-point.

Port leaders from around the nation will be in Washington on March 27-30 for the annual Legislative Summit hosted by American Association of Port Authorities.