Transport, Trade and Regulation News

The U.S. Postal Service on Friday said it is considering laying off some 120,000 employees, about 21 percent of its work force, as it faces a second year of losses totaling more than $8 billion.

Caterpillar Chairman and CEO Doug Oberhelman called for U.S. policymakers to launch a strong infrastructure repair program to upgrade ports and domestic transportation networks.

U.S. retail sales rose 0.5 percent in July, and business inventories grew in June for the 18th straight month but at the slowest rate in more than a year, the Commerce Department said.

The U.S. trade deficit rose in June to its highest level since October 2008 as soft overseas demand reduced industrial and capital goods exports.

Trying to quell fast-spreading concerns about its policy plans for farm truck operators, the Department of Transportation said it is not planning to force farm drivers to get commercial drivers’

Two key shipping associations are protesting a proposal that could extend a trucking safety regulatory agency’s authority to their operations.

The Transportation Department’s Freight Transportation Index rose 2.6 percent in June, the index’s largest month-to-month increase since November 2009.

The Federal Reserve announcement Tuesday that it will seek to keep interest rates very low for at least the next two years, which could give transportation and other capital-intensive businesses stron

President Obama on Tuesday introduced fuel efficiency standards for heavy trucks projected to save truck operators $50 billion from 2014 through 2018.

Japan’s exports of agricultural, fishery and forestry products fell for the third straight month in June on a year-to-year basis, dropping 2.3 percent to $491 million, according to the Ministry

Transportation stocks took a deep dive on Wall Street on Monday, riding a huge selloff in response to the downgrading of U.S. debt that sent the Dow Jones Industrial Average down 635 points.

Former Pennsylvania Gov. Ed Rendell said Monday a congressional “super committee” appointed to find ways to cut the federal deficit may find that spending more on U.S.

President Obama renewed his call for Congress to quickly approve a new transportation infrastructure investment program next month, and extend a payroll tax cut and jobless benefits to bolster the ail

Third-party logistics companies continue to invest in warehousing and other supporting capacity in interior provinces of China, as manufacturers look to cut costs by moving away from coastal provinces

President Obama is set to unveil final rules Tuesday that for the first time set fuel efficiency and carbon emission standards for a wide range of commercial trucks and buses.

Vessel traffic through the Panama Canal will be affected this month by maintenance and dredging.

Japan on Monday extended for a year punitive tariffs on ball bearings and tapered roller bearings imported from the United States in retaliation for a U.S.

Who’d have thought that a museum in Virginia’s Shenandoah Valley would point to issues now flaring in Washington about the role of government investment in the nation’s infrastructur

Federal Maritime Commissioner Mario Cordero has a solution for the discordant state of Washington politics: music.

The U.S. Postal Service lost $3.1 billion in its third fiscal quarter ending June 30, deepening the Postal Service's financial woes as it gets closer to running out of cash.

U.S. job growth increased more than expected in July as a rise in private payrolls offset shrinkage in government jobs, the Labor Department said.

A key measure of Chinese manufacturing fell for the straight month to its lowest point in more than two years in July, adding to the mounting worries over the direction of the global economy.

U.S.

Transportation Secretary Ray LaHood said California, Illinois, Iowa, Michigan and Missouri will receive $336.2 million under to buy trains for passenger rail corridors in routes shared with freight ra

U.S. Transportation Secretary Ray LaHood blasted the U.S.

President Obama on Tuesday urged Congress to quickly settle differences on aviation legislation to unblock air construction projects, and to pass legislation on trade pacts and an infrastructure bank

U.S.

The value of goods transported by truck and rail between the U.S., Mexico and Canada rose 15.7 percent in May, the Bureau of Transportation Statistics said.

India’s exports surged 46.45 percent year-over-year to $29.21 billion in June, as fears grow that the uncertainty in the U.S.

Old Dominion Freight Line on Monday combined several existing business units to launch a carrier “neutral” third-party logistics provider, Vault Logistics.

U.S.

Gary Locke formally resigned today as commerce secretary and was sworn in by Secretary of State Hillary Clinton as the next U.S. ambassador to China.

Internet retailing giant Amazon.com plans to open three more regional distribution centers in Tennessee this year, part of a broader strategy to build warehousing and fulfillment facilities across the

A key measure of manufacturing in the United States fell back 4.4 percentage points in July to its lowest level in two years, moving closer to outright contraction and raising new concerns about the s

In the seven years since the U.S.-Chile free trade agreement took effect, U.S. exports to the South American country spiked more than 300 percent, while U.S. imports grew a more moderate 90 percent.

Yusen Logistics, the logistics arm of Japanese shipping group NYK Line, will appeal an anti-monopoly ruling by the Japan Fair Trade Commission to the Tokyo High Court.

Step by painful step, the Obama administration’s reform of export controls, a key plank in its goal to double exports, is taking shape.

Economic forecasting is never an exact science, but when it comes to predicting the economic impact of the tariff cuts at the core of recent trade agreements, the U.S.

Political opposition to free trade is a given, and can take many forms: Fears over the competitive impact on markets ranging from agriculture to automaking, fears over the environmental impact, fears

Mark David, sales manager of Saratoga Honda, normally gets 115 to 150 new Hondas a month to sell to customers in this upstate New York resort town.