Federal Reserve Leaves Its Key Rate Unchanged
Fed Chairman Jerome Powell by Alex Brandon/AP WASHINGTON — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March. The Fed kept its key rate unchanged for the ...more
AI Startup Helps Diesel Trains Clean Up Their Emissions
General Electric diesel locomotives stand on the final assembly line at the GE Manufacturing Solutions facility in Fort Worth, Texas. ...more
Norfolk Southern Says Derailment Cost Soars to $803 Million
Norfolk Southern’s revenue declined to $2.98 billion in the second quarter. (Norfolk Southern Corp.) OMAHA, Neb. — The costs associated ...more
Covenant Reports Revenue, Earnings Decline for Q2
Covenant says it is pleased with the initial operating results of Lew Thompson & Son Trucking after acquiring the company ...more
Shell Earnings Top $5 Billion in Q2
(Andrey Rudakov/Bloomberg News) LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly ...more
Economy Grew at a Faster 2.4% Rate in April-June Quarter
Kubota tractors are stored in Uniontown, Pa. (Gene J. Puskar/AP) WASHINGTON — The U.S. economy accelerated unexpectedly to a 2.4% ...more
Semi-Automated Trucks to Be Tested on Ohio-Indiana Route
The route is the result of a partnership between ODOT, DriveOhio, the Indiana Department of Transportation and the Transportation Research ...more