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Financial Post
With trade talks heading back to the back-burner for a while, chatter about economic growth and interest rates is heating up again.
But uncertainty over NAFTA, Brexit, TPP and the leadership of the United States is expected to hang like a dark cloud over business investment in the short term, as the Bank of Canada noted in its latest Monetary Policy report.
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RailwayAge
The parent of Progress Rail Services is eyeing a move of the Electro Motive Diesel business to a new facility on the East Coast, and out of its historic plant in LaGrange, Illinois, involving as many as 600 jobs.
Parent Caterpillar said that the possible move would be to Progress Rail's plant in Winston-Salem, North Carolina, adding it could shift production of some engine and locomotive components to outside suppliers.
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Morning Star
Railroad profitability continues to improve, but volume growth is hard to come by, so we think every freight commodity deserves careful consideration, including coal.
Coal is particularly meaningful to the large U.S. rails and constituted 32 percent of revenue at CSX as recently as 2011. However, we believe coal remains a decreasing annuity for U.S. railroads.
Coal volume has declined for much of the past decade and since 2008 has basically cut in half at most big rails.
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By Ryan Clark
 With the transportation industry speeding toward the reality of autonomous vehicles sharing U.S. roads, the government is determined to remove whatever obstacles have been placed in the technology's way. Transportation Secretary Elaine Chao said last month at the North American International Auto Show in Detroit that a new tech-neutral and flexible approach to Obama-era regulations will aim to eliminate "unnecessary obstacles" to the development of self-driving cars and commercial vehicles.
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Ontario Trucking Association
Electronic logging devices can save fleets money and pay for themselves, says David Carruth CEO of 55-truck LTL fleet ONE For Freight.
In an interview with Fleet Owner, he says ELDS have made make recording hours of service (HOS) information simpler and more accurate for both his full-time company drivers and contracted owner-operators.
"One of the stresses we found with paper logs is that drivers really never knew when their day was going to end," Carruth told Fleet Owner.
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Wall Street Journal
Companies are shipping more items by plane to meet customers' rising expectations for rapid delivery, prompting a scramble for cargo space that has sent airfreight rates soaring and pushed Amazon.com Inc. and others into the airline business.
Global airfreight traffic climbed almost 9 percent year-over-year in November, the start of the peak shipping season, and rates for airfreight were up 17 percent annually for the month, the biggest price increase since the aftermath of the financial crisis, according to cargo data provider WorldACD.
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Air Cargo Week
UPS is to invest $41 million in a new package operations centre in El Paso, Texas, to support commercial and residential commerce in the growing North America Borderplex.
The investment serves a manufacturing region that stretches across Texas and New Mexico in the US, and Ciudad Juarez and Chihuahua in Mexico.
The facility will add more than 153,000 square feet of new processing capacity and is expected to begin operating in late 2018.
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Canadian Shipper
The Montreal Port Authority says it has crossed a key milestone in its plans to grow its container handling capacity in order to stay competitive with large American ports.
The authority says it has submitted its plans to the Canadian Environmental Assessment Agency and will be part of a public consultation, with information sessions beginning at the end of the month.
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Canadian Shipper
It may be a little-known fact, but ships deliver vital supplies such as road salt, heating oil and construction materials in the winter to cities across the Great Lakes and in the lower St. Lawrence River on behalf of North American industries.
"Every winter, ships deliver products such as road salt to promote safe travel in cities hard-hit by winter conditions, and heating oil for homes," says Bruce Burrows, President of the Chamber of Marine Commerce.
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Canadian Shipper
An international affairs think tank says economic development in Canada's Arctic is falling far behind that in northern regions in other parts of the world.
"There's just no sign of the vision and long-term political energy required to bring us up in any way close to the gap that's emerging with Russia and Norway as the Arctic Ocean opens," said John Higginbotham of the Centre for International Governance Innovation.
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