Transportation Industry News

• Crossword Puzzle Solution October 14, 2019
  Here's the solution to the crossword puzzle found in the October 14, 2019 print edition.
• Indiana DOT Announces $99 Million for Local Roads
  The Indiana Department of Transportation and Gov. Eric Holcomb recently announced the distribution of $99.2 million in state matching funds across local government agencies to fund infrastructure construction projects.
• US, China Reach Substantial ‘Phase One’ Trade Deal, Trump Says
  The U.S. and China reached a partial agreement Oct. 11 that would broker a truce in the trade war and lay the groundwork for a broader deal that Presidents Donald Trump and Xi Jinping could sign later this year, according to people familiar with the matter.
• SEFA Group Wins State Clean Diesel Grant
  The SEFA Group was awarded a State Clean Diesel Grant in South Carolina through the Diesel Emission Reduction Act program, the company said in an Oct. 10 news release.
• GM Losing Patience With UAW Over Nearly Monthlong Strike
  General Motors Co.’s chief labor negotiator suggested the United Auto Workers is dragging its feet in responding to the automaker’s latest contract offer in a show of frustration with a strike that’s lumbering toward the one-month mark.
• Shipping Costs Are Soaring as LNG Vessels Drop Out of Service
  The day rate for a standard tanker east of the Suez Canal jumped 57% in the week to Oct. 9, as issues related to U.S. sanctions on units of China’s COSCO Shipping Corp. start to hit just as the heating season begins to boost demand.
• Consumer Sentiment Rises to Three-Month High
  Sentiment among American consumers posted a surprise jump in October amid expectations for rising incomes and lower inflation, indicating households will continue to extend the longest-running U.S. expansion.
• Uber to Acquire Chilean Grocery Startup That Walmart Failed to Buy
  Uber Technologies Inc. plans to buy a majority stake in online grocer Cornershop, a deal designed to both extend its geographic reach and bolster profits by bundling food delivery with rides.
• Walmart’s Vaunted Turnaround Artist, Greg Foran, Leaves for Air New Zealand
  Walmart U.S. CEO Greg Foran, the architect of the revival of Walmart Inc.’s U.S. stores, is departing to run an airline in his native New Zealand, leaving a big hole at the world’s biggest retailer on the cusp of the holiday season.
• Trump Says Day 1 China Trade Talks Went ‘Very Well’
  President Donald Trump said the first day of high-level trade negotiations between the U.S. and China went “very well” and he’ll meet the top Chinese negotiator on Oct. 11.