25 Jun Trade War Hinders Global Trade in April Global trade stumbled in April as the tariff war between the United States and China showed few signs of ending, figures released June 25 showed. Read more...
25 Jun Business, Freight Stakeholders Urge Trump, Congress to Advance Infrastructure Policy Speaker of the House Nancy Pelosi recently said that she remains committed to advancing an infrastructure policy measure that would boost jobs. She explained that such a deal could be accomplished if President Donald Trump would only negotiate with her party. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
25 Jun Emerging Markets Offer Investment Opportunity During Trade War Rocked by trade disputes, the possibility of a U.S. recession and the ever-present threat of political conflagration, the backdrop for emerging and frontier markets rarely has seemed less settled. Dare to look past the turmoil, though, and opportunities abound. Read more...
25 Jun Oregon Gov. Kate Brown Expands Road-Usage Charge Program Oregon Gov. Kate Brown has signed legislation that will expand the state’s voluntary road usage charge program, known as OReGO. Read more...
25 Jun Occidental Mulls Sale of Anadarko’s Western Stake Occidental Petroleum Corp. is seeking a buyer to take majority control of Western Midstream Partners LP, the pipeline operator that it’s poised to inherit through its takeover of Anadarko Petroleum Corp., according to people familiar with the matter. Read more...
25 Jun Port Officials Look to Keep Giant Cranes off Trump Administration Tariff List As America’s ports handle larger amounts of cargo from bigger container ships, the ports are in a building boom. But the cost of expanding could get more expensive if a Trump administration plan to impose 25% tariffs on ship-to-shore cranes manufactured only in China are implemented. Read more...
25 Jun Coalition Pushes for Federal Excise Tax Repeal on New Trucks A group of stakeholders is pushing for the congressional repeal of the federal excise tax on the sale of heavy-duty trucks and trailers. At a forum June 19, the Modernize the Truck Fleet coalition urged federal lawmakers to pass the Modern, Clean, and Safe Trucks Act of 2019. Read more...
25 Jun New-Home Sales Fall to Five-Month Low, Missing Estimates Sales of new U.S. homes fell to a five-month low in May, adding to signs of weakness in the sector despite lower mortgage rates. Read more...
25 Jun Nissan Approves New Board, Gives Renault Executives More Say Nissan Motor Co. shareholders voted in favor of a new board and director committees that are set to ease tensions with partner Renault SA as the companies chart a path forward for their two-decade-old alliance. Read more...
25 Jun An Asian Airline Will Start Testing Drones Capable of Hauling Tons of Cargo Delivering cargo to the furthest reaches of the world’s biggest archipelago has forever been a challenge. Indonesia’s biggest airline sees a solution in drones. Read more...