President Donald Trump’s threat to impose sweeping new tariffs on imported automobiles may be an attempt to pressure his NAFTA partners into striking a deal that would help drive manufacturing jobs back to the United States.
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Trump’s Auto-Tariff Threat Adds New Pressure to NAFTA Talks
1Q Numbers for Ports Show Continued Strong Growth
With data now in for the first third of the year, operators of some of the nation’s ports said they are setting records as the economy keeps booming — even as volume dipped at the nation’s largest port.
Nation’s Ports Seek Billions in Multimodal Funding to Stay Competitive
The American Association of Port Authorities believes that in order for America’s ports to remain efficient and competitive during the next decade, more than $20 billion will be needed specifically to improve multimodal and rail access.
Brazilian Trucker Strike Starting to Wear on Economy
A truckers strike in Brazil over higher diesel prices has left at least one McDonald’s in Copacabana struggling to serve its customers. The last perishable food delivery received at the restaurant was May 18, manager Yladian Barbosa told O Globo newspaper.
Missouri Lawmakers Send 10¢ Gas Tax Proposal to November Ballot
Missouri voters will have the opportunity in November to vote on a tax increase that would fund road and bridge projects across the state.
Oil Declines After Unexpected Increase in US Crude, Gasoline Stockpiles
Oil retreated from the highest price in more than three years after surprise increases in U.S. crude and gasoline stockpiles.
Union Pacific Has Cleared About 80% of Congestion, CEO Says
Union Pacific Corp. operations are about 80% of normal, after it deployed more locomotives and crews to clear network congestion that began eroding service last year, CEO Lance Fritz said.
Shuster to Take Another Shot at Infrastructure This Summer
The outgoing chairman of the House Transportation and Infrastructure Committee is making a final push before he retires to piece together a long-stalled infrastructure package before Congress adjourns.
Transportation Officials Explain Multimodal Funding Options
Ports looking to improve their facilities as well as the roads, tunnels, bridges and rails that link to them may find aid in federal grant programs, according to the U.S. Department of Transportation.
Trump: US-China Trade Deal May Need ‘Different Structure’
President Donald Trump backed away from the trade deal his administration had just announced with China and said the United States may need to change the direction of talks to get a final agreement.