18 Dec Postal Service Slammed with Seasonal Shipping This week is expected to be the busiest week of the holiday mailing and shipping season for the Postal Service. The agency expects to process and deliver nearly 3 billion pieces of mail, including packages, this week alone. Read more...
18 Dec China Inks Deals With Shell, Majors as Xi Signals Open Trade China signaled its openness for business with a raft of deals that’ll give oil majors, including Royal Dutch Shell Plc, new opportunities to develop fields in partnership with the nation’s biggest offshore explorer. Read more...
18 Dec Housing Starts Top Forecasts; Permits Rise U.S. new-home construction rebounded in November to the best pace since August while permits rose to a seven-month high, a sign homebuilding is potentially stabilizing even as higher prices and borrowing costs pose headwinds. Read more...
18 Dec Medium-Duty Sales in November Point to Ongoing Strength Sales of medium-duty trucks in November barely budged from a year earlier, rising just 1.4% and boosted primarily by a modest gain in the lighter classes, WardsAuto.com reported. Read more...
18 Dec New Round of BUILD Grants Addresses Freight Corridor Needs The U.S. Department of Transportation’s first round of Better Utilizing Investments to Leverage Development discretionary grants allocated a record amount of funding for road projects, some of which specifically address important freight routes. Read more...
17 Dec Average Price of Diesel Drops 4¢ to $3.121 a Gallon The U.S. average retail price of diesel dropped 4 cents to $3.121 a gallon, the U.S. Energy Information Administration reported Dec. 17, as crude oil prices dropped below $50 per barrel. Read more...
17 Dec Capitol Agenda for the Week of Dec. 17: Thanks for the Memories, 2018 With the end of the year finally upon us, we take a page from late-night TV host Jimmy Fallon and fill out a few ‘thank you’ notes. Here's the week ahead for trucking on Capitol Hill. Read more...
17 Dec Homebuilder Sentiment Tumbles to Weakest in Three Years Sentiment among U.S. homebuilders fell in December to the lowest level since 2015, missing all forecasts and signaling that the industry’s struggles are intensifying amid elevated prices and higher borrowing costs. Read more...
17 Dec Crossword Puzzle Solution December 17, 2018 Here's the solution to the crossword puzzle found in the December 17, 2018 print edition. Read more...
17 Dec Nissan Holds Off on Picking Ghosn Successor as Tensions Brew Nissan Motor Co. will split chairman duties among its executives, putting the brakes on naming a successor to Carlos Ghosn as the pay scandal that landed the high-flying executive in a Tokyo jail widens to include the automaker itself. Read more...