28 Feb Chao Hints Document Will Flesh Out Infrastructure Plan WASHINGTON — Transportation leaders should look forward to a document coming out in the next few days that will provide additional details about President Donald Trump’s infrastructure plan, according to Transportation Secretary Elaine Chao. Read more...
28 Feb Self-Driving Firm Aurora Innovation Lands $90 Million Investment Aurora Innovation’s 2018 is off to a booming start. The self-driving car company with offices in Pittsburgh and Silicon Valley started the year announcing partnerships with Hyundai and Volkswagen. Read more...
28 Feb FreightCar America Acquiring Navistar Rail Facility FreightCar America is moving to acquire the rail operations of Navistar Inc. in Cherokee, Ala. Read more...
28 Feb Analysis: Trump’s Infrastructure Plan Killed by His Own Party Bloomberg’s Ari Natter and Mark Niquette report that Senate Majority Whip John Cornyn doesn’t think there will be time for his chamber to consider infrastructure this year. Read more...
28 Feb S.C. Governor Cries Foul Over White House Allocation for Charleston Port South Carolina Gov. Henry McMaster is accusing the White House budget office — overseen by former S.C. GOP Rep. Mick Mulvaney — for skimping on funding for one of the state’s top priority infrastructure projects. Read more...
28 Feb Rep. Bill Shuster Not Ruling Out Fuel-Tax Increase WASHINGTON — The top Republican transportation policymaker in the House of Representatives did not rule out raising the federal fuel tax to fund infrastructure projects, giving momentum to a view recently shared by President Donald Trump and endorsed by much of the freight industry. Read more...
28 Feb ATRI Report Offers Guidelines for Freight Plans The American Transportation Research Institute released a report outlining the best practices for freight planning at the state level Feb. 27. Read more...
28 Feb Pending Home Sales Gauge Falls to Lowest Since 2014 A gauge of contracts to purchase previously-owned U.S. homes unexpectedly declined in January to a more than three-year low, reflecting a shortage of inventories and rising mortgage rates, according to data released Feb. 28 from the National Association of Realtors in Washington. Read more...
28 Feb DTNA Sees Surging Truck Market in 2018 When Daimler Trucks North America looks at 2018, it anticipates a surging truck market, constrained supply lines, customers’ need for faster uptime aided by predictive technology and the steady advance of electric powertrains, the company’s top executive said. Read more...
28 Feb FedEx, UPS Trade Barbs Over NRA Ties After Florida Shooting The two biggest U.S. couriers are at pains to point out the other’s close relationship with the National Rifle Association. Read more...