President Obama plans to enforce a deadline for rail operators to install safety technology by the end of the year, despite warnings from railroads including Union Pacific Corp. and Amtrak that they can’t meet the mandate and would have to suspend some service without an extension.

U.S. rail intermodal traffic increased 1.6% in September compared with the same month the prior year, the Association of American Railroads reported.

MyCarDoesWhat, the safety technology program unveiled on Oct. 7 in Washington by the Department of Transportation and the National Safety Council, has direct applicability to the trucking industry.

The Port Authority of New York and New Jersey announced a nearly two-year delay in completing a $1.3 billion bridge raising project that would allow the largest containerships to reach the third-largest U.S. port.

Wells Fargo & Co., the world’s largest bank by market value, agreed to buy the bulk of a railcar- and locomotive-leasing unit from General Electric Co. as the industrial giant retreats from financial services.

Weekly U.S. intermodal rail traffic rose 2.1% from the same period last year, the Association of American Railroads reported.

Consumer confidence unexpectedly rose in September as a resilient labor market helped Americans shake off the effects of tumbling stock prices.