US Consumer Confidence Declines for Fourth Straight Month
U.S. consumer confidence unexpectedly fell for a fourth straight month as sentiment about current labor-market conditions eased, posing a challenge to retailers heading into the all-important holiday-shopping season.
November 26, 2019East Coast Ports Gain Market Share
Ports on the East Coast are enjoying an uptick in volume thanks to infrastructure improvements, expanded sea routes and the positive effects that the United States’ ongoing trade war with China are having for other countries, while these same factors are contributing to drop-offs for West Coast ports.
November 26, 2019Mexico Unveils $44 Billion Infrastructure Plan to Boost GDP
Mexico President Andres Manuel Lopez Obrador announced an infrastructure plan worth 859 billion pesos ($44 billion) that includes highways, railways, ports and airports as well as investments in telecommunications, with most of the capital coming from the private sector.
November 26, 2019Strike Ends as CN Rail, Union Reach Tentative Deal
Canadian National Railway and the Teamsters Canada Rail Conference announced Nov. 26 the sides reached a tentative agreement to end the strike by 3,200 CN Rail conductors and yard crews.
November 26, 2019Diesel Falls 0.8¢ to $3.066 a Gallon
The U.S. average retail price of diesel dipped 0.8 cent to $3.066 a gallon, the Department of Energy reported Nov. 25.
November 25, 2019House Transportation Chairman Peter DeFazio Again Touts Infrastructure Resiliency
Policy pertaining to severe weather-resilient infrastructure continues to be a priority for a top transportation lawmaker as he crafts comprehensive highway legislation in the U.S. House of Representatives.
November 25, 2019Los Angeles Feasibility Study Will Look at Congestion Pricing
Los Angeles has joined the metropolitan areas that are exploring congestion pricing systems.
November 25, 2019US House Transportation Committee Advances Pipeline Safety Bill
Legislation that aims to enhance safety across pipeline systems, as well as tackle concerns related to climate change, recently was advanced by a panel in the U.S. House of Representatives.
November 25, 2019Uber Loses License in London Over Safety, Vows to Appeal
LONDON — London’s transit authority Nov. 25 refused to renew Uber’s operating license over concerns about impostor drivers, with the ride-booking company vowing to appeal the decision as it struggles to secure its future in the British capital.
November 25, 2019FMCSA to Announce Two-Year Delay in Implementing ELDT Rule
Federal trucking regulators are nearing completion of a formal notice that they plan to delay implementation of the Entry Level Driver Training rule by up to two years after it was set to go into effect on a limited basis Feb. 7.
November 25, 2019