Stord Receives $2.4 Million in Venture Capital Funding

Stord, a company launched two years ago by teenage entrepreneurs Sean Henry and Jacob Boudreau, has received $2.4 million in venture capital funding from a group of investors led by Chattanooga, Tenn.-based Dynamo.

Trump’s Gamble for Quick Trade Deal With China May Be Long Shot

President Donald Trump is dispatching two of his top economic deputies to China in hopes of a quick deal on trade. They may find the reality on the ground more daunting.

Will Wabtec Acquire GE Transportation?

Road to Zero Group Announces Three More Safety Grant Winners

The Road to Zero Coalition announced three more recipients of the Safe System Innovation Grants on April 23.

Senate Commerce Committee Approves Transportation Nominees Amid GOP Effort to Expedite Confirmation Process

The Senate Commerce Committee on April 25 easily approved two nominees to the Surface Transportation Board, yet it is unclear when a vote on their confirmations will be scheduled on the floor of the chamber. That uncertainty is also true for other transportation nominees awaiting consideration in the chamber.

Port Group Urges Caution on Possible US-China Trade War

The American Association of Port Authorities has written to U.S. Trade Representative Robert Lighthizer urging the Trump administration to carefully consider the negative impact trade sanctions could have on the country’s ports and the trucking and transportation industries.

Road to Zero Coalition Charts Ambitious Goal to Reduce Traffic Deaths by 2050

National Safety Council CEO Deborah Hersman noted the goal of the newly formed Road to Zero Coalition is to dramatically reduce traffic deaths.

World Trade Momentum Wobbles After Best Month in Seven Years

Global trade momentum slipped in February, easing after recording its best month in more than seven years.

Norfolk Southern Posts 27% Rise in Income for First Quarter

Railroad Norfolk Southern Corp. reported first-quarter net income of $552 million, up 27% from $433 million in the first quarter a year ago.

California Republicans Ready to Turn in Signatures for Ballot Measure to Repeal Gas-Tax Increase

Republican activists said April 24 that they have collected at least 830,000 signatures for an initiative to repeal recent increases in California’s gas tax and vehicle fees, more than enough to qualify the measure for the November ballot.