17 May Municipalities Tasked With Climate-Resilient Infrastructure, FEMA Says WASHINGTON — Federal Emergency Management Agency Administrator Brock Long said although the agency takes into account rising seas when preparing for disasters, advancing resilient infrastructure projects begins at municipalities. Read more...
17 May Lawmakers Stress Highway Funding, but an Infrastructure Bill Remains Months Away WASHINGTON — An infrastructure package will probably take a back seat to bills relating to the Federal Aviation Administration, farming and water resources, which will continue to dominate Congress’ attention in the coming months, according to Rep. Sam Graves (R-Mo.). Read more...
17 May ATA Leaders Meet With IRU in Brussels, Discuss Industry’s Future Trucking industry leaders from around the world are facing many of the same issues as their counterparts in the United States, including the emergence of advanced driver-assistance systems and combating a persistent shortage of drivers. Read more...
17 May Redwood Logistics Buys Roar’s Phoenix Division Redwood Logistics purchased the Phoenix-based freight management services division of Roar Logistics to expand its presence in the Southwest. Terms weren’t disclosed. Read more...
17 May Hub International Buys Easy Truck Assets Insurance broker Hub International purchased the assets of Easy Truck Insurance Services, which has offices in the western United States. Read more...
17 May Consumer Comfort Index Declines for Fourth Straight Week Americans’ sentiment fell for a fourth straight week as still-rising gasoline prices drove a measure of the buying climate down by the most in eight months, the Bloomberg Consumer Comfort Index showed May 17. Read more...
17 May Apple Passes Waymo, Tesla for Self-Driving Car Permits in California Just last year, Apple was in the backseat of an increasingly crowded competition for self-driving cars with Google-owned Waymo, Tesla and Uber vying for an edge. Read more...
17 May Maersk Shares Plunge as Container Line Underperforms A.P. Moller-Maersk A/S reported an unexpected loss after its container line, the world’s biggest, conceded market share and rising costs outpaced freight rates. Read more...
17 May Editorial: Paying at the Pump for Infrastructure Transportation Secretary Elaine Chao kicked off Infrastructure Week with the hopeful message that the Trump Administration is keeping its options open for ways to pay for its planned 10-year, $1.5 trillion infrastructure program. But that message — and, perhaps, the very goal of the weeklong initiative itself — was somewhat offset by the reality that U.S. lawmakers likely won’t get anything done on infrastructure this year. Read more...
17 May Australian Ambassador Tells Lawmakers to Consider Infrastructure Privatization WASHINGTON — With many American policymakers struggling to identify a long-term path for funding their big-ticket infrastructure projects, Australia’s ambassador to the United States has proposed a rather simple approach: privatize the projects. Read more...