Page 3 - Freight Network News Today

Watch the cspan cities tour of trenton, new jersey, saturday at 5 00 p. M. Eastern and sunday at 2 00 p. M. On cspan3. Working with our cable affiliates and visiting cities across the country. Transportation secretary elaine chao gave her first testimony before congress on the trump administrations plan to address the nations infrastructure challenges. The Senate Environment and public works hearing runs about two hours. I call this hearing to order. Today we are welcoming the secretary of trans...

Sunday on American History tv on cspan3. Working with our cable affiliates and visiting cities across the country. Transportation secretary elaine chao was on capitol hill today to talk about the administrations 1 trillion infrastructure plan, which would airportsways, produce and transit projects over a 10 year period. The Public Works Committee hearing runs for two hours. Or all this hearing to order and we are calling for the honorable elaine chao to testify on our nations infrastructure need...

S p 500 having their worst day since may 17th. So youve got to go back weeks just for even modest declines like that. This morning dow futures indicated up by 15 points. S p futures up by 2 and nasdaq up close to 10. Overnight you did see gains in the chinese markets. Japanese nikkei was flat as well. In europe this morning in some of the early trading there. Lets get a look at whats happening in the u. K. Ahead of the elections tomorrow. Stocks are slightly higher. Up by just under. 2 of a perc...

Ford. You got to try to figure out i know david is completely driven by this idea of the driverless car. Well, were going to be in one, but we wont be driving. Jim, were going to get a lot with you in a few moments. In the meantime stocks are up three or four sessions, but a lot of bets may be held today as we await the brexit vote tomorrow. Europe relatively steady, a lot of earnings to get to and by the way oil did reclaim 50. Road map begins with the countdown to brexit. Were live in london w...

Six miles per gallon. Anything we can do to increase the fuel efficiency there is going to be a huge saving. I know again d. O. T. Has a super truck. Is that what you were referring to . I did not get the acronym you used . Freidt i know off super Truck Program and focused on getting more 10 miles mper gallon. How do you think it will help on timing and deliveries. It is really Exciting Technology and theyre early stages. Mr. Monje has talked about a couple. Technologies and trucks enable how th...

[captions Copyright National cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] next, a Senate Hearing on how federal laws can promote the development of new technology. And christopher hart, chair of the National Transportation safety board discusses self driving cars and recent train, metro, and airline accidents. After that, reaction to the Supreme Court decision overturning the ...

People reach for yield now, and is an impetuous toward bubble creation and certain Asset Classes . It can be. Thats why we are watching very carefully. Is there any one particular air yaur worrying about right now in terms of asset bubbles . I mentioned leverage lending and corporate debt markets, especially lower rated companies. I think we are seeing deterioration in lending standards. We are attentive to risks that can develop that banks or others may be taking on Interest Rate risk. If Inter...

The bigger banks that were diversified didnt fail. We did it anyway. The big banks didnt want to do it because it was a cross subsidy to the small state banks. The savings loan refused to go along but they refused to take their own and ensured next year. The second thing is we tax equity before you can pay the equity holders. This is a huge incentive for all the banks. To leverage as much as possible. And so the bank capital went down from 20 to 5 , the regulatory minimum, immediately. And those...

I appreciate what the secretary is doing with the restructuring and coming up with a strong internal audit system. However i must express that i am skeptical about how that is going to work. We have the whistleblower protection act but its not enforced. My concern burst of office we have heard so much testimony in thandthe committee about a cultf secrecy and culture of retaliation, and retaliation is a huge deterrent to hearing the complaints. So my first question is to you we heard theres been ...

A danger to our citizens and our communities. Secretary fox announced the rule making for the safe transport of crude oil in july of 2014. Were still waiting for those final rules but the longer we delay, the more that lives are actually in danger. And those standards call for tank cars both retro fitting old cars and building new ones for tank car thickness the length of time how long the shippers have to refurbish or build new cars and the speed and routes which these trains take, all of this ...