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As a government funding deadline looms, congressional leaders are expected to schedule consideration of a fiscal 2026 transportation bill that includes $200 million for truck parking.

In a document posted to the STB’s website Jan. 16, the agency said Union Pacific’s application to acquire Norfolk Southern was rejected, but it could be revised and refiled.

Oil executives and industry leaders have stressed companies need political and legal reforms, contract certainty and security guarantees before investing in Venezuela.

GDP rose at a 4.4% annual pace in the third quarter, the Commerce Department reported Jan. 22, up from 3.8% in the April-June quarter and from the 4.3% growth the department initially estimated.

The United States has imposed a 15% tariff on most imports from Japan. Another concern is the impact on Japanese manufacturing, including automakers, from China’s curbs on exports of rare earths.

U.S. natural gas futures rocketed to the highest price since 2022, as frigid weather sweeps across major markets for the heating fuel and forces traders to cover bearish positions.

Ontario Premier Doug Ford doubled down on opposition to Canada’s trade truce with China, warning that opening the door to Chinese EVs risks gutting the Canadian sector.

President Trump said he would not impose tariffs on goods from European nations opposing his effort to take possession of Greenland, citing a “framework" of a deal he has reached for the island.

The increase in rationing threatens to widen the discount for Canadian oil at a time when crude prices are already falling amid a glut of supplies.

A massive winter storm will sweep across a huge swath of the U.S. starting Jan. 23, freezing Texas before roaring up the East Coast, where New York City is seeing a strong chance of heavy snow.