infrastructure

In the 1970s, the construction of the Baikal-Amur Mainline (BAM) made headlines around the world as the “construction of the century.” At the time, the BAM was the world’s longest railway under construction and one of the shortest routes from Europe to the Pacific Ocean, South...

An impasse between Congressional leadership and the Trump Administration on an infrastructure deal has elevated the importance of work being done behind the scenes by a bipartisan coalition on Capitol Hill. A report released on May 28 by the Problem Solvers Caucus – a 44-member group within the U....

At the International Transport Forum 2019 held in Leipzig, Austria, Elaine L. Chao, the Secretary of the U.S. Department of Transportation, spoke at a plenary session on the relevance of futuristic technology in the transportation space. Chao initiated the discussion by stating that the U.S. is...

President Trump abruptly walked out of a meeting with Democratic Congressional leaders today (May 22) in what was supposed to be a second round of talks on a potential $2 trillion infrastructure package. After an initial meeting three weeks ago, many believed the summit between the President and...

Unless Congress ends its investigation into President Donald Trump’s campaign, no work to modernize American infrastructure will occur, the president said Wednesday after abruptly walking out of a planned meeting with Democrats on the topic. “I want to do infrastructure, I want to do it...

Chemours Co (NYSE: CC) stock traded higher by more than 7 percent on Tuesday after selling off by 8 percent over the previous week. It’s not just stock buyers that are making big bullish bets on a Chemours bounce. Several unusually large Chemours options trades have been executed this week as...

In a rare display of bipartisanship, President Donald Trump and congressional Democrats recently agreed on seeking $2 trillion to shore up America's crumbling infrastructure. Infrastructure stocks and exchange traded funds, such as the Global X U.S. Infrastructure Development ETF (CBOE: PAVE),...

The Fed has gathered three times this year, and so far it hasn’t moved rates an inch. The latest non-move by the central bank came Wednesday, when it probably surprised almost no one by leaving its target range for the federal funds rate at between 2.25% to 2.5 percent, where it’s been...

  Congressional Democrats claim they and President Trump have agreed on $2 trillion to fund infrastructure – but the two sides have yet to settle on a way to pay for it. "We agreed on [the] number – originally we started a little lower, [and] even the President was eager to...

A highly anticipated meeting between President Trump and Congressional leaders on April 30 will likely set the groundwork for an infrastructure bill and could determine President Trump's appetite for raising the federal gasoline tax to pay for it. The infrastructure summit, which will include...

With the 2020 presidential election cycle already off and running, investors may want to listen for candidates from both parties have to say infrastructure spending. Infrastructure exchange traded funds typically feature a mix of the industrial and materials sectors, among others, a trait that has...

Good day, A Reason Foundation study released this week argues for both a private sector plan to rebuild the nation's crumbling highways and the need to transition from per-gallon fuel taxes to per-mile highway user charges. The libertarian group lists several states with existing toll-...

Good day, A Reason Foundation study released this week argues for both a private sector plan to rebuild the nation's crumbling highways and the need to transition from per-gallon fuel taxes to per-mile highway user charges. The libertarian group lists several states with toll-financed...

The bridge railing collapse in Chattanooga on the morning of April 1 was likely caused by an illegally oversized load, according to the Tennessee Department of Transportation (TDOT).   Last summer, in its bi-annual routine inspection, the Interstate 75 bridge was given an overall rating of...

President Trump will have to be more vocal in supporting a payment package for the nation's highway system if there is to be any hope of Congress passing infrastructure legislation this year, according to the American Trucking Associations (ATA). "It's going to be really important that...