Transport, Trade and Regulation News

High-speed passenger rail got a $4 billion gift July 17 from the House Appropriations Committee as part of a $75.8 billion Department of Transportation budget for fiscal 2010.

UPS said Friday it did not pay for support from a conservative group that was reported to have solicited donations from FedEx in the package carriers’ legislative battle over labor law.

Any more legislation that Congress passes to stimulate the economy will be dedicated solely to highways, Rep. James L.

Anne S. Ferro's nomination to be head of the Federal Motor Carrier Safety Administration is in the hands of the Senate, moving her closer to a confirmation hearing.

A major conservative interest group asked FedEx for a $2 million to $3 million donation in exchange for the group’s backing in a legislative battle with UPS, according to a published report Friday.

The House Transportation subcommittee on highways and transit presented the case July 16 that more economic benefits would flow from quick passage of a new six-year transportation bill than from the S

U.S.

Stimulus payouts by the Department of Transportation, for bills on construction projects around the country, jumped by $160 million in the week ending July 10, or nearly twice the amount it spent the

As the Senate Environment and Public Works Committee approved a bill to extend the existing highway program for 18 months July 15, the U.S.

Cargo theft and the average loss in each cargo theft have both increased this year, according the Bi-Annual Cargo Theft Report issued by FreightWatch International, a global logistics security provide

The Senate Environment and Public Works Committee took the first step July 15 to extending the current highway spending bill until March 2011.

Global industrial production is on track to recovery, albeit in fits and starts, according to the trend signaled by the industrial price index compiled by The Journal of Commerce and the Economic Cycl

Shippers must amend their Importer Security Filings when data changes while a container is in transit between a foreign port and the first U.S.

Summer sales abound, but deals failed to sway consumers in June, when retail industry sales (which exclude automobiles, gas stations, and restaurants) decreased 3.8 percent unadjusted over last year a

The European Union and Korea concluded negotiations on their long-awaited bilateral free-trade agreement, completing 26 months of arduous negotiations between the two sides.

Although the worldwide plunge in manufacturing output has apparently bottomed out, the immediate outlook for a resumption of world economic growth remains “tentative and in flux,” according to a new r

Rail industry sources expect a Senate committee to soon unveil a bill that would overhaul railroad regulations and alter the Surface Transportation Board.

Choice Logistics, the global specialist in outsourced mission-critical service parts logistics services, has announced that Joe Keenan has been appointed as director of the Asia-Pacific region.

Forwarder Expeditors International of Washington expects its profit to fall up to 33 percent in the quarter ending June 30 despite an uptick in freight shipping late in the quarter.

The global economic recession is “far from over,” World Trade Organization director general Pascal Lamy told the WTO on July 13, warning that protectionism by WTO member states could prolong the econo

The Obama administration's Department of Transportation came closer to a full complement of agency leaders July 13 as the Senate confirmed Victor Mendez as administrator of the Federal Highway Adminis

Unemployment continued to rise in the 30 industrial countries that belong to the Organization of Economic Cooperation and Development.

Logistics provider Agility's defense and government services division will team with DynCorp International and CH2M HILL for military logistics support for southern Afghanistan under a contract w

The Department of Transportation paid out another $82 million in stimulus project funds in the week ending July 3, escalating how quickly it is pushing money out to cover bills for work it and states

Do tanks fly?

In 2006, the Army’s 1st Infantry Division came home from Germany to settle at Fort Riley, Kan.

It may be hard to imagine, but the U.S. was once Cuba’s largest trading partner by far, and its greatest source of tourism and foreign investment.

The American Recovery and Reinvestment Act of 2009 has caused a lot of hand-wringing because of its Buy American provisions. Is that concern warranted?

China's trade surplus last month shrank to $8.25 billion from $13.4 billion in May, the General Administration of Customs said on Friday. Economists had expected a surplus of $15.0 billion.

The U.S. trade deficit fell in May to its lowest monthly level since November 1999, as exports registered a small gain but imports dropped for the tenth month in a row.

The global recession and other recent economic changes “reinforce the importance of innovative, sustainable business practices that lead the transition to a low-carbon economy, promote economic develo

Richard A.

Leaders of the Group of Eight countries pledged Wednesday to seek huge cuts in their greenhouse gas emissions.

Kuehne + Nagel, one of the world’s largest providers of logistics services, has opened a new branch office in Chongqing, its 39th location in China.

EXL Service will take over the operations of European logistics provider Schneider Logistics in the Czech Republic.

Amid lingering economic woes and continuing poor visibility into future demand trends, iSuppli Corp. is reducing its forecasts for global semiconductor and electronic equipment revenue in 2009.

The global economy is starting to pull out recession but recovery will be sluggish and government policies need to remain supportive, the International Monetary Fund said on Wednesday.

Average nationwide diesel prices fell for the second consecutive week in early July after a two-month surge sent the fuel price to its highest level of the year.

The Department of Transportation sharply escalated its stimulus payouts in the week ending June 26, to a total of $442 million from $370 million a week earlier.

The mounting losses incurred by the global transportation industry have claimed another victim: Daewoo Logistics.