Transport Topics
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WASHINGTON - U.S. commercial drone operations could take flight on a large scale by this time next year, as federal regulators finalize rules allowing widespread unmanned aerial system use by companies, according to congressional testimony on June 17.
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U.S. rail intermodal traffic rose to the highest level on record for the week ended June 13, the Association of American Railroads reported.
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Builders in the United States began work on fewer houses in May after a surge the prior month, but the industry is having its best two months in almost eight years as its busiest time of year revs up.
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Oil supply has exceeded demand globally for the past five quarters, already the most enduring glut since the 1997 Asian economic crisis, International Energy Agency data show.
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