Democratic Presidential Candidate John Delaney Unveils $2 Trillion Infrastructure Plan
A $2 trillion proposal from 2020 presidential aspirant John Delaney would look to improve connectivity along freight routes, transit systems and other corridors through a comprehensive revenue stream.
May 30, 2019500 Tornadoes in 30 Days Among Highest Reported From Past Seven Decades
The United States has been rocked by 500 tornadoes in the past 30 days with a trapped jet stream in the atmosphere “stuck in neutral,” according to the U.S. Storm Prediction Center.
May 30, 2019Goods-Trade Gap Widens Second Month to Highest This Year
The U.S. merchandise-trade deficit widened for a second month to the highest level since a record in December as exports dipped.
May 30, 2019USDA General Counsel Opinion: States Can’t Prohibit Hemp Transportation
While states and American Indian tribes currently can regulate the lawful production and sale of hemp produced under a 2014 law, they may not prohibit the interstate transportation or shipment of the product grown under a program authorized by the U.S. Department of Agriculture, according to a new legal opinion issued by USDA’s general counsel.
May 29, 2019Eddie Lampert’s Transform Holdco Sues Sears Estate, Demands Trial and $130 Million
The fight over the deal that bought Sears Holdings Corp. out of bankruptcy shows no sign of cooling off.
May 29, 2019XStream Trucking Seeks Larger Share of Aerodynamics Market
Aerodynamic devices intended to calm turbulence and improve fuel efficiency for heavy-duty vehicles come in many shapes and sizes — from wheel covers to fairings over, under and behind trailers. Now a group of investors has provided additional support to XStream Trucking Inc., whose TruckWings device automatically encloses the area between the tractor and trailer.
May 29, 2019FedEx Practice of Diverting Delivery of Huawei Parcels Called a Political Ploy
FedEx Corp.’s reported practice of rerouting Huawei parcels to the United States without the Chinese company’s authorization demonstrates that the U.S. government is leaving no stone unturned to disrupt normal business activities, analysts said May 28.
May 29, 2019Auto Industry’s Weakness Drags Down Global Economic Growth
A decline in global car sales likely reduced world gross domestic product by 0.2% last year, and a flat auto market will continue to dampen global manufacturing indicators in 2019, according to a report by Fitch Ratings on May 28.
May 29, 2019Rep. Earl Blumenauer Proposes Fuel Tax Increase
Rep. Earl Blumenauer, a member of the tax policy-writing Ways and Means panel, recently unveiled legislation that would increase federal fuel taxes.
May 29, 2019Connecticut Gov. Ned Lamont Releases Draft Plan on Infrastructure Investment
As the Connecticut General Assembly’s legislative session draws to a close, Gov. Ned Lamont released a working draft of an infrastructure funding proposal that lawmakers will rely on during a special session focused solely on transportation and economic development.
May 29, 2019