A handful of U.S. senators and representatives introduced legislation Thursday that will make permanent a track maintenance tax credit for the nation’s short line railroads.

The United States economy fared slightly better in the fourth quarter than initially reported, according to the “second estimate” from the Department of Commerce’s Bureau of Economic Statistics.

The Florida East Coast Railway’s online tool is designed to simplify booking between certain destinations in the Southeast.

The freight airline created from the merger of British Airways World Cargo and Iberia Cargo in April 2011 posted $1.12 billion in revenues on flat volumes as capacity grew 3 percent, according to a statement from the company.

Crude oil shipments in 2015 accounted for 1.4 percent of all carloads originating in the United States, down from 1.6 percent in 2014, according to updated data from the Association of American Railroads.

Menlo Park, Calif.-based crowdsourced parcel carrier Deliv raised $28 million in Series B funding from the UPS Strategic Enterprise Fund and existing investors, which it will use to support the company’s “dramatic” growth.

The U.S. Department of Transportation is working to implement the Fixing America’s Surface Transportation Act and is ready to launch a new competitive grant program for freight projects as outlined in the legislation.

The U.S. Department of Transportation has entered a memorandum of understanding to assist the Puerto Rico government with reducing its highway project delivery times and restructuring its Highway and Transportation Administration.

The Federal Aviation Administration has proposed a $117,480 civil penalty against Holtkotter Leuchten Gmbh of Germany for allegedly violating federal hazardous materials transport rules.

The Baltic Exchange confirmed it is in “confidential discussions with selected third parties regarding its future strategy and ownership,” and Singapore Exchange has reportedly submitted a non-binding bid for the creator of a leading industry indicator.