06 Jun Mexico Tariff Would Have ‘Significant’ Negative Impact, Ford Says Ford Motor Co. would feel a serious impact if tariffs are levied on the cars, engines and transmissions it imports from Mexico, but a top executive at the automaker expressed optimism the trade dispute can be resolved without lingering damage. Read more...
06 Jun Congress’ ‘Problem Solvers’ Tackle Infrastructure Policy Although President Donald Trump and Congressional Democrats hit the pause button on infrastructure policy discussions earlier this year, a bipartisan group of policymakers opted to press ahead with a plan of action of its own. Read more...
06 Jun GSA to Assess Environmental Impact of Proposed Border Facility Project The General Services Administration intends to study the environmental impact of a project that would involve the construction of inspection facilities geared toward truck and bus traffic moving across the U.S.-Mexico border. The project is a partnership with the Federal Motor Carrier Safety Administration. Read more...
06 Jun Amazon Poised to Test Drone Deliveries Powered by Artificial Intelligence Amazon.com Inc. has unveiled a revolutionary new drone — part helicopter and part science-fiction aircraft — that the company expects to use for test deliveries of toothpaste and other household goods starting within months. Read more...
06 Jun Officials Monitor Damage as Floods Continue to Devastate Transportation Systems and Farms Federal officials continue to monitor central states that have been rocked by severe storms, which have damaged infrastructure and saturated swaths of farmland. Read more...
06 Jun Baltimore’s Tradepoint Atlantic Intermodal Facility Transforms Old Bethlehem Steel Site In 2014, Tradepoint Atlantic bought the waterfront Sparrows Point in Baltimore site for a bargain-basement price of $110 million. It’s now being turned into what will be more than a $2 billion multimodal facility serving the East Coast and Midwest. Read more...
06 Jun FedEx Drivers Dominate at Vermont and New Hampshire Truck Driving Championships The petite states of Vermont and New Hampshire successfully hosted 56 drivers at the combined State Truck Driving Championships in Pembroke, N.H., June 1. Vermont had 18 competitors and New Hampshire had 38. Read more...
06 Jun Exports, Imports Plummet as US Trade Deficit Narrows The U.S. trade deficit narrowed in April as exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods. Read more...
06 Jun May Class 8 Orders Plummet to Nearly Three-Year Low U.S. Class 8 orders in May fell to 10,800, the lowest point in nearly three years, ACT Research reported, and once-scarce 2019 production slots opened. Read more...
05 Jun GM’s Mark Reuss: Electric Cars Will Be Average Cost — and Profitable General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at “very average transaction prices” and be profitable, GM President Mark Reuss said in a presentation June 5. Read more...