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The U.S. Coast Guard and ship operator TOTE Maritime have scheduled press conferences for this afternoon to announce any new information on last week's disappearance of the Florida-Puerto Rico cargo vessel.
The 60 percent drop in oil prices in the past year has hurt some sectors of the U.S. economy and tamped down growth, according to Thom Albrecht, transportation analyst at BB&T Capital Markets.
No sighting of lifeboat yet as multiple aircraft and ships search the area for TOTE Maritime Puerto Rico ship and crew.
The entire investigation into the loss of TOTE Maritime Puerto Rico ship will take 12-18 months, but the NTSB will release findings on an "as needed" basis in advance of its final report.
The national mail carrier of Singapore and aspiring global logistics provider has agreed to purchase a 71.1 percent share in Jagged Peak, Inc. for $15.8 million.
The inability to agree on a long-term highway bill led Congress in July to pass a six-month extension of Transportation Department programs that will expire at the end of the month.