Homebuilder Confidence Drops by Most Since 2014
Confidence among U.S. homebuilders plummeted by the most since 2014 as the highest borrowing costs in eight years restrained demand, adding to signs of a cooling housing market that will weigh on the Federal Reserve’s debate over how far to raise interest rates.
November 19, 2018Postal Service Gears Up for Holiday Deliveries
The U.S. Postal Service said it expects to deliver nearly 15 billion pieces of mail and 900 million packages between Thanksgiving and New Year’s Day, according to a release.
November 19, 2018Expectations of Trucking Rise Amid Changing Climate
Proposals by a growing number of regulators and advocacy groups would have the trucking industry assume a larger role in advancing efforts to continue cleaning up the environment.
November 19, 2018Nissan to Oust Chairman Carlos Ghosn After Arrest
Nissan Motor Co. will remove Carlos Ghosn as chairman after he was arrested in Tokyo on charges of violating financial law, throwing the auto industry’s largest global alliance into turmoil.
November 19, 2018Most States Don't Experience CDL Skills Test Delays, FMCSA Survey Shows
The large majority of states are experiencing few delays in scheduling entry-level truck drivers for their skills tests, according to a new congressionally mandated survey conducted by the Federal Motor Carrier Safety Administration.
November 19, 2018Louisiana’s Sunshine Bridge Could Open Sooner Than January Target Date
Despite high-profile projects in Baton Rouge and elsewhere, Louisiana’s $14 billion backlog of road and bridge needs will rise next year because the state lacks the needed resources, state Transportation Secretary Shawn Wilson said Nov. 15.
November 16, 2018Trump Says He’s Optimistic About Trade Deal After Receiving China Response
President Donald Trump said he is optimistic about resolving the U.S. trade dispute with China after receiving a response from Beijing to his demands, ahead of a widely anticipated meeting with Chinese President Xi Jinping in Argentina later this month.
November 16, 2018Iraq Resumes Kirkuk Oil Exports After Yearlong Pause
BAGHDAD — Iraq began piping oil from its fields around the disputed city of Kirkuk on Nov. 16, more than a year after exports were halted over troubles with the autonomous Kurdish administration north of the country.
November 16, 2018Industrial Production Grew Modest 0.1% in October
WASHINGTON — U.S. industry expanded slightly in October, with manufacturing growth offsetting declines in mining and utility production.
November 16, 2018Eaton to Open Plant in El Paso, Texas
Eaton Corp., a worldwide manufacturing company, plans to expand into El Paso, Texas, with a factory expected to open in the first half of next year with 200 employees.
November 16, 2018