19 Aug Congressional Republicans, Moderate Democrats Balk at $3.5 Trillion Budget Top congressional Republicans announced their opposition to Democratic leaders’ pursuit of a $3.5 trillion budget plan that would be considered alongside a big-ticket infrastructure package. Separately, a small group of moderate House Democrats took issue with their party’s legislative timeline. Read more...
19 Aug Ports on Both Coasts Report Strong July Numbers Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes. Read more...
19 Aug FTC Should Probe Tesla Autopilot Claims, Senators Say Two U.S. senators are urging the Federal Trade Commission to investigate whether Tesla Inc. uses deceptive marketing practices by labeling its driver-assistance systems “Autopilot” and “Full Self-Driving.” Read more...
19 Aug Miles-Based User Fee Among Options Outlined in Pa. Report A recent report from Pennsylvania’s Transportation Revenue Options Commission shows a mileage-based user fee could serve as a viable option for long-term transportation funding. Read more...
18 Aug Waymo to Build Facility in Dallas, Partner With Ryder on Maintenance Autonomous truck developer Waymo Via announced plans to build a nine-acre facility near Dallas that will serve as a regional hub for advancing operations and service for automated Class 8 trucks. Read more...
18 Aug China Port Congestion Worsens as Ningbo Shuts for a Week The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert from Ningbo amid uncertainty over how long virus control measures in the city will last. Read more...
18 Aug WTO Says Record Global Trade in Goods Might Be Nearing a Peak Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by regional imbalances and coronavirus outbreaks that slow economic activity, the World Trade Organization said. Read more...
18 Aug Fred Shuts Highways With Mudslides, Floods Tropical Depression Fred swirled over West Virginia early Aug. 18 and dumped heavy rain over the northeastern U.S., threatening to unleash mudslides and flash floods in upstate New York after closing interstate highways in the lower Appalachians. Tornado watches remained in effect for mountainous areas of Virginia and the Carolinas. Read more...
18 Aug KCS Delays Vote on $33.6 Billion Rail Takeover Bid A shareholder vote on the proposed $33.6 billion acquisition of Kansas City Southern by Canadian National Railway has been delayed until Sept. 3 to provide time for government officials to rule on whether CN can operate KCS while the deal is under federal review. Read more...
17 Aug July Medium-Duty Sales Clear 19,000 Medium-duty sales in July rose 6.5% to just above 19,000, with the Class 7 segment hitting its peak for the year so far, WardsAuto .com reported. Read more...