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Transportation News

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FRA Issues 967.1 Million Dollar Loan

Federal Railroad Administration Issues $967.1M MTA Loan For Commuter Railroads

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WASHINGTON – The Federal Railroad Administration (FRA) today closed on a $967.1 million Railroad Rehabilitation and Improvement Financing (RRIF) loan with New York City’s...
U.S. Aviation Agreement With Mexico

United States And Mexico Reach Modernized Aviation Agreement

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U.S. DOT Announces Aviation Agreement The U.S. Department of Transportation announced last week that a new, modernized air service agreement has been reached that will expand opportunities...
CSX 2015 1Q Earnings

CSX Earnings Report 11 Percent Increase In 1Q Earnings

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CSX Corp. reported a 11 percent increase in first quarter earnings year to year. CSX reported earnings of $442 million dollars, or $0.45 cents...

FedEx 4Q Earnings Above Expectations

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FedEx Corp. (NYSE: FDX) reported earnings of $2.46 per diluted share for the fourth quarter ended May 31. Last year's fourth quarter earnings were...

6.2¢ DROP in Diesel Prices, Now Averaging $3.635 PER Gallon 

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Falling Diesel Prices Bring Much-Needed Relief to Trucking and the Economy The recent 6.2-cent drop in diesel prices is more than just a number—it’s a big win...

$755M Truck Parking Bill Aims to Expand Safe Stops Nationwide

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ATA CEO Chris Spear warns the crisis endangers both Truck drivers and the public, while OOIDA President Todd Spencer highlights the harsh reality: "Truckers are forced to drive...

Cargo Theft Surges 1500% Since 2021, Costing Trucking Industry $35 Billion

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Homeland Security Investigations estimates losses range from $15 to $35 billion annually, making it a massive yet often overlooked threat. "Theft is tough to detect and...