Union Pacific Reports Strong Q3 Earnings
As freight volumes surge, Omaha, Neb.-based Union Pacific Railroad reported strong third-quarter results that significantly exceeded the company’s report from this time last year and beat Wall Street analysts’ expectations.
October 21, 2021Tesla Concerned About NHTSA’s Safety Pick
Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.
October 21, 2021Not Everyone in Seattle Is Excited About Autonomous Vehicles Coming
An announcement Oct. 18 from Amazon’s self-driving car unit Zoox that it will soon start testing its autonomous vehicles in downtown Seattle drew criticism from transportation safety advocates.
October 20, 2021Senate Commerce Panel Approves FMCSA Nominee
WASHINGTON — The nomination of Meera Joshi, President Joe Biden’s pick to lead the Federal Motor Carrier Safety Administration, advanced to the floor of the U.S. Senate on Oct. 20.
October 20, 2021Infrastructure Battle Puts China Chip Bill on Back Burner
A bipartisan push to make the U.S. more competitive with China and bolster domestic chip production risks falling by the wayside as Congress grapples with a packed year-end agenda in an ever-more-divided Capitol.
October 20, 2021Baker Hughes Joins Halliburton in Ida-Fueled Oil Services Hit
Another disappointment to jolt the oil services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a warning of hampered growth for oil demand.
October 20, 2021NHTSA Deputy Steven Cliff to Be Nominated as Administrator
A former California pollution regulator is being nominated to run the nation’s highway safety agency.
October 20, 2021Union Pacific, Unions Sue Each Other Over Vaccine Mandate
OMAHA, Neb. — Union Pacific and its labor unions are suing each other to determine whether the railroad has the authority to require its employees to get vaccinated against the coronavirus.
October 20, 2021Biden Focuses on Climate, Families in Trimmed $2 Trillion Plan
WASHINGTON — Scaling down his Build Back Better plans, President Joe Biden on Oct. 19 described a more limited vision to Democratic lawmakers of a $2 trillion government-overhaul package with at least $500 billion to tackle climate change and money for middle-class priorities — child tax credits, paid family leave, health care and free pre-kindergarten.
October 19, 2021Senate Leaders Propose Fiscal 2022 Funding Increase for USDOT
Legislation that would boost funding for federal transportation programs in fiscal 2022 was unveiled by leaders in the U.S. Senate on Oct. 18.
October 19, 2021