10 May US Posts Record Monthly Budget Surplus as Economy Picks Up The United States posted its largest monthly budget surplus on record in April, which the Congressional Budget Office said reflected stronger economic activity over the past year. Read more...
10 May Editorial: Infrastructure Week and the Work Ahead It’s Infrastructure Week, the annual spotlight on the nation’s roads and bridges. During a week’s worth of discussion, a lot will be said about the need to update and repair existing infrastructure as well as build from scratch what will be needed to carry transportation into the future. Read more...
10 May Teamsters Leaders Facing Probe for Accepting Gifts An independent investigator has notched up his probe into whether top Teamsters leaders accepted undisclosed gifts from a business that brokered health benefits for the union. Read more...
10 May FedEx Freight’s Scott Osborne Takes Home Mississippi’s Grand Champion Prize Grand Champion honors at Mississippi’s annual truck driving championships April 27-28 went to FedEx Freight’s Scott Osborne, competing in the tanker class. Read more...
10 May FedEx, Alphabet, Uber Win Drone Sweepstakes; Amazon Left Out At Memphis International Airport, drones may soon be inspecting planes and delivering airplane parts for FedEx Corp. In Reno, Nev., they will test airlifting life-saving defibrillators to patients. And customers in Virginia could be awaiting Alphabet Inc.’s flying devices to get goods they ordered. Read more...
10 May Titanium Reports Record Revenues Titanium Transportation Group reported first-quarter net income of C$1.1 million, or 3 cents a share, up from $100,000, or zero cents, in net income a year ago. Read more...
10 May Doyle Coatney, Longtime Owner of Acme Truck Line, Dies at Age 82 Doyle Coatney, the longtime owner and CEO of Acme Truck Line in Gretna, La., died May 1. He was 82. Read more...
10 May UPS to Use Futuristic-Looking Fleet of Electric Delivery Trucks in London, Paris UPS Inc. plans to deploy a small fleet of futuristic, boxy-looking all-electric delivery trucks as part of a pilot program in London and Paris by the end of this year. Read more...
10 May Infrastructure Bill Unlikely This Year, White House Says Just days before prominent infrastructure stakeholders kick off a campaign to promote regional and local highway construction needs, White House Press Secretary Sarah Sanders told reporters that President Donald Trump’s massive infrastructure package is unlikely to advance this year. Read more...
10 May Chicago Man Charged in Scam That Routed UPS Mail to His Apartment A Chicago man has been charged in a scheme that temporarily changed the address for the global headquarters of shipping giant UPS Inc. to his tiny garden apartment, resulting in thousands of pieces of mail meant for UPS executives and other employees being delivered to his doorstep. Read more...