IMO 2020 Could Shift Freight Patterns, Increase Costs
LONG BEACH, Calif. — A panel representing the shipping industry spoke about the looming International Maritime Organization mandate that will require cargo vessels to burn low-sulfur diesel, and shippers and carriers said the requirements could lead to price increases or the rerouting of freight.
September 19, 2019US Steel Stock Takes Hit, Earnings Estimates Missed
U.S. Steel Corp. said it expects to report a wider loss than analysts were expecting, the third American steelmaker in three days to warn on their outlook. The shares fell.
September 19, 2019Ports Post Record Volume as Holiday Season Begins
Major U.S. seaports posted growth in containerized cargo volume for August, the start of the season when retailers begin importing holiday merchandise.
September 18, 2019Federal Reserve Cuts Rate .25%
Federal Reserve policymakers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy that’s holding up well.
September 18, 2019Trump Says He Will Strip California’s Clean-Car Authority
President Donald Trump said he will revoke California’s authority to regulate greenhouse gas emissions from autos, confirming a widely-anticipated move that will escalate the ongoing dispute between his administration and California.
September 18, 2019DOT Announces $60 Million in Grants for Automated Projects
The U.S. Department of Transportation has announced $60 million in awards to research groups and state departments of transportation that are exploring projects related to vehicle automation.
September 18, 2019Imelda Moves Inland, Dumping Inches in Texas
Imelda is threatening to dump up to 18 inches of rain in parts of Southeast Texas and southwestern Louisiana as the tropical depression moves inland over the next few days.
September 18, 2019Intermodal Industry Faces Uncertainties After Strong 2018
LONG BEACH, Calif. — After a banner year in 2018, the intermodal industry is being challenged by a variety of issues, but it remains resilient despite uncertainties.
September 18, 2019Truckers Tell FMCSA of Concerns About Coercion, Flexibility at HOS Listening Session
WASHINGTON — Drivers and trucking industry representatives had another chance to voice comments on the Federal Motor Carrier Safety Administration’s proposal to change certain hours-of-service requirements Sept. 17.
September 17, 2019Car Drivers Get 92% of Speeding Citations During CVSA Safety Initiative
Law enforcement officers issued more than 17,000 speeding citations to drivers of cars and trucks traveling on highways in the United States and Canada during Operation Safe Driver Week.
September 17, 2019