infrastructure

There’s a mixed tone early after an overnight rally flagged amid political turmoil in Washington, D.C., and concerns about more supply chain challenges. The coming decisions around the budget, debt ceiling, and other issues on Capitol Hill really appear to be the focus this week in a big way...

When the U.S. Congress returns from its summer recess in September, it will face four major market-moving issues right out of the gate. On Thursday, Bank of America economist Joseph Song highlighted four issues that could move the SPDR S&P 500 ETF Trust (NYSE: SPY) in September. Related...

Robert Poole has long been known as the most prominent voice in the transportation world that sees the path to better infrastructure in a way that might not be too pleasing to truck drivers or fleets. Poole, the director of transportation policy at the libertarian think tank Reason Foundation,...

The Senate has finally passed the highly debated infrastructure bill, which now heads to the House of Representatives. Despite being smaller than originally conceived, at more than a trillion dollars it's still enormous. This is a lot of money to go around, and some companies will benefit...

Parsons Corp’s (NYSE: PSN) disappointing second-quarter results and unexpected guidance reduction raise concerns around the execution of the company’s margin and M&A integration strategies, according to BofA Securities. The Parsons Analyst: Ronald Epstein downgraded the rating for...

Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, recently added to her positions in General Electric Co (NYSE: GE) and Emerson Electric Co. (NYSE: EMR), she shared Tuesday on CNBC's "Fast Money Halftime Report." General Electric and...

Whoever thought up the expression “dog days of summer” probably had mornings like this in mind.  Looking around for news, it’s hard to find much. And U.S. markets didn’t move very far overnight. European trading hasn’t provided a lot of direction, either, though...

President Biden on Thursday announced an ambitious new goal for the automobile industry – for EVs to make up half of all U.S. vehicle sales by 2030. The president signed an executive order declaring the non-legally binding milestone a priority, while also proposing new vehicle emission standards to...

The trucking industry was dealt a big blow when the Arkansas Department of Transportation (ARDOT) shut down the Hernando de Soto Bridge on May 11. Inspectors found a major fracture in a deck beam, compromising the stability of the Interstate 40 bridge between Memphis, Tennessee, and eastern...

President Biden is determined in electrifying America's auto fleet electric. But the math behind a greener future is harder than it seems as it involves half of all vehicles sold in 2030 to be electric. The President will attempt to get carmakers to commit to reaching at least 40 percent...

Buried in the U.S. House and Senate versions of highway reauthorization legislation currently being negotiated are provisions that would allow billions of dollars to be spent dismantling portions of the interstate highway system without replacing the lost transportation capacity. The provisions...

Defining what it means to provide rail shippers with robust competitive options could be the lens that the Surface Transportation Board uses as it responds to an order from President Joe Biden aimed at promoting competition within the freight railroad and maritime industries.  But it remains to be...

We're in the thick of summer, the prime season for road construction crews to get a lot of work done. With President Joe Biden striking a deal on his infrastructure plan and 40% of Americans planning on summer travel (similar to pre-pandemic levels), we may soon see a lot more workers out there....

A handful of freight rail-related projects have received federal funding from a popular infrastructure grant program. The U.S. Department of Transportation is awarding $905.25 million to 24 projects in 18 states via the Infrastructure for Rebuilding America (INFRA) discretionary program.  The...

The U.S. House of Representatives on Thursday passed a highway reauthorization bill that includes a provision to raise trucking insurance liability from $750,000 to $2 million, mandates automatic braking on new trucks and increases scrutiny of truck dispatch services. The Investing in a New Vision...