20 Jan Survey Shows Wide Partisan Gap Post-Trump in Consumer Sentiment Republicans expect the U.S. economy to boom and Democrats see a bust after Donald Trump's election as president, a sharp reversal from sentiment a few months before the vote, according to a University of Michigan consumer survey. Read more...
19 Jan Darling Emphasizes Safety Partnerships During FMCSA Farewell On his final full day as Administrator of the Federal Motor Carrier Safety Administration, Scott Darling said his biggest regret of his 2½ years in charge was not being able to fully implement the Unified Registration System. Read more...
19 Jan Americans Want to Rebuild Roads, Bridges But Not at Cost of Taxes, Poll Shows Americans want a federal infrastructure program to focus on rebuilding aging roads and bridges, but are reluctant to use federal dollars for such projects, according to a Reuters poll released Jan. 19. Read more...
19 Jan Analysis: Trump Is Right - 'Border Adjustment' Tax Is Complicated Donald Trump recently called the so-called border adjustment in the House Republican tax-reform plan "too complicated." He's got that right: The proposal to incorporate border-tax adjustments into business taxes has created infighting among some usually tight industry associations. Read more...
19 Jan J.B. Hunt Posts Growth for Fourth Quarter, All of 2016 Intermodal and truckload carrier J.B. Hunt Transport Services posted gains in net income and revenue for the fourth quarter of 2016 and for the year, the Lowell, Arkansas-based company said Jan. 19. Read more...
19 Jan Amazon to Open Third Fulfillment Center in Small Texas Town Amazon.com said Jan. 18 that it plans to open a fulfillment center in Coppell, Texas, which will be its ninth in the state. Read more...
19 Jan American Consumers' Economic Expectations Are the Highest Since 2002 American consumers were the most upbeat about the economy in January than at any time in almost 15 years, according to Bloomberg Consumer Comfort Index figures released Jan. 19. Read more...
19 Jan Filings for US Jobless Benefits Near Lowest Since 1970s Filings for U.S. unemployment benefits fell to near the lowest level since the 1970s, consistent with a still-improving labor market, a Labor Department report showed Jan. 19 in Washington. Read more...
19 Jan Housing Starts Rose More Than Expected in December Builders broke ground in December on more U.S. homes than forecast as a jump in apartment construction helped cap the seventh straight yearly increase, a report from the Commerce Department showed Jan. 19. Read more...
18 Jan US Judge Approves Hanjin's Sale of Total Terminals International for $133 Million A U.S. District Court bankruptcy judge has approved a $133 million dollar deal between Hanjin Shipping Co. and a terminal operating subsidiary of the Mediterranean Shipping Co. to purchase a majority share in Total Terminals International. Read more...