Canadian National Railway Co. will likely top C$3 billion ($2.3 billion) in capital spending for the second straight year in 2019 as it aims to speed up trains and capture rising demand for freight such as grain and crude oil, its top executive said.
May 29, 2018No rankings are available for this year.
Extras
Used Truck Sales Rise 9% in April
Used truck sales in April reached 22,900, up 9% from 21,000 in the same month in 2017, according to ACT Research Co.’s industrywide estimate.
$1.6 Billion Project Approved by Texas Transport Agency
After months spent hashing out how to pay the $1.6 billion tab, North Texas’ most pressing freeway need at long last gained the blessing of the Texas Transportation Commission at its May 24 meeting.
Heavy Hitters Face Off in Online Tire Market
This spring, a struggle for market share in online tire retailing turned into a battle for dominance as giants Goodyear and Bridgestone paired off against Amazon and Sears.
Postal Service’s Pricing Methodology Upheld by Appeals Court
The U.S. Postal Service’s method to set prices for competitive services was upheld by the U.S. Court of Appeals for the District of Columbia Circuit on May 22.
California Worker Status Rule Gives Employers Cause for Concern
Are you an employee, and do you get all the benefits that come with it? Many California businesses wonder what the answer might now be for their workforce. And many may not like the answer under a new test recently adopted by the state Supreme Court.
Security Forces Deployed as Trucker Strike Upends Brazilian Economy
Brazil sank further into chaos May 25 as the fifth day of a nationwide truckers’ strike prompted the deployment of national security forces amid warnings of a calamity in one of world’s largest cities and potentially devastating livestock losses.
Trump’s Auto-Tariff Threat Adds New Pressure to NAFTA Talks
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.
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.