15 Jul Marten Transport Reports Record Q2 Financial Results Marten Transport on July 15 reported the highest operating revenue and income in its history for the second quarter. Read more...
15 Jul Freight Policy Bill on US Senate’s Infrastructure Agenda WASHINGTON — Policy updates and funding related to federal freight programs are being considered as part of a multitrillion dollar infrastructure bill U.S. Senate leaders plan to weigh next week. Read more...
15 Jul Schumer Sets July 21 Deadlines on Infrastructure, Budget Talks Senate Majority Leader Chuck Schumer set a July 21 deadline to wrap up talks on both the bipartisan infrastructure package and an agreement among all Democrats on moving forward on a budget resolution. Read more...
15 Jul Werner’s 2018 Appeal of $89.7M Jury Verdict Still Awaiting Decision An appeal of one of the largest accident verdicts in history against a motor carrier has been languishing for nearly three years in a Texas appellate court while justices who heard the arguments retired before a decision. Read more...
15 Jul US Senate Confirms Senior Transportation Nominee, Others Await Consideration A nominee for a senior policy post at the U.S. Department of Transportation was recently confirmed by the U.S. Senate while other DOT nominees await votes before the full chamber or in committee. Read more...
15 Jul Decision on Ballpark at Port of Oakland Nears Crucial Stage Whether the Oakland Athletics build a new stadium inside the Port of Oakland facility, along the waterfront at the abandoned Howard Terminal, must be voted on soon, Major League Baseball Commissioner Rob Manfred said. Read more...
15 Jul Economy, Trucking Industry Roar Back Economic indicators and forecasts from economists show trucking and the U.S. economy are in the midst of a strong recovery, though concerns remain about the persistent shortage of drivers and supply chain delays. Read more...
15 Jul Uber Freight Announces LTL Expansion Uber Freight has expanded beyond truckload services and is now also offering shippers options for less-than-truckload, the company announced July 15. Read more...
15 Jul Self-Driving Startup Aurora Set to Go Public Driverless technology startup Aurora Innovation Inc. has agreed to go public via a merger with Reinvent Technology Partners Y, a blank-check firm led by executives including LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus. Read more...
15 Jul Daimler Profit Trounces Estimates as Shortages Lift Prices Daimler AG posted far higher earnings than analysts expected by joining peers in commanding better pricing for vehicles in the midst of the global semiconductor shortage. Read more...