Transport Topics
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Oregon's budget deficit is approaching $2 billion at the same time that its Department of Transportation says it needs another $545 million a year just to maintain the state's roads and bridges.
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CSX Corp. is expected to restart talks to install Hunter Harrison as CEO after an activist investor allied with the railroad turnaround veteran softened his demand for board representation, a Citigroup Inc. analyst said.
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Shale wildcatters pushed ahead on the biggest surge in U.S. oil drilling since 2012 as the explorers take advantage of prices above $50 for more than two months.
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Commercial vehicle supplier Wabco Holdings Inc. reported lower net income on higher revenue for the fourth quarter and full year in 2016.
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