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With railroads not able to meet the December 2015 compliance deadline for positive train control, an extension is needed, according a letter sent to every member of the House Transportation and Infrastructure Committee this week.
The House Energy and Commerce Committee on Thursday approved legislation to lift the nearly 40-year-old ban on crude oil exports, a move it said will boost the U.S. economy.
The Southern California port laid out an ambition goal to move 35 percent of containers to and from its terminals by rail by the end of this decade.
TOTE says "While this reflects that the ship was caught in rough seas and extreme weather, it is in no way indicative of the ship’s fate."
Rep. Stephen Fincher, R-Tenn., introduced a bill that would restore Ex-Im Bank’s operations and include various reforms, but will require a "discharge process" to reach the House floor for a vote.
The company’s minority investment in e-commerce specialist Ally Commerce Inc. is more about research than revenues, according to Rimas Kapeskas, head of UPS’s strategic enterprise fund.