31 May 212 House Members Call for Fix to Highway Trust Fund In less than two weeks, three dozen House lawmakers have signed a letter urging tax policy authorizers to guarantee the sustainability of the Highway Trust Fund, bringing the total of signatories to 212, according to the office of Rep. Sam Graves (R-Mo.). Read more...
31 May US Pending Home Sales Falter Housing demand unexpectedly weakened for a second month across most U.S. regions as lean inventory took a toll on affordability, putting a damper on the typically busier spring selling season, according to National Association of Realtors figures released May 31. Read more...
31 May Ryder Launches App to Track Freight in Real Time Ryder System Inc. has launched a new cloud-based app available on iTunes and Google Play called Ryder NaviShare that allows trucking professionals and others in the supply chain to track freight in real time. Read more...
31 May Japan to Finalize Strategy for Self-Driving Trucks, Delivery Drones TOKYO - Japan aims to finalize on June 9 plans to allow package delivery by drone sometime around 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told Reuters. Read more...
31 May Analysis: The US Has Forgotten How to Do Infrastructure The nation once built things fast and cheaply. Now experts are puzzled why costs are higher and projects take longer than in other countries. Read more...
30 May Diesel Rises 3.2¢ to $2.571 a Gallon The U.S. average retail price of diesel rose 3.2 cents to $2.571 a gallon, the first rise in six weeks, the Department of Energy said May 30. Read more...
30 May Uber Fires Executive at Center of Self-Driving Car Legal Fight Uber Technologies Inc. fired Anthony Levandowski, the engineer hired to lead its self-driving car efforts who is now at the center of a legal spat over the technology with Google parent Alphabet Inc. Read more...
30 May Amazon Shares Hit $1,000, Showing Dominance of E-Commerce, Cloud Amazon.com Inc.'s shares topped $1,000 for the first time, marking a new milestone for a company wooing investors by dominating online commerce and cloud computing. Read more...
30 May UPS Forges China Joint Venture to Tap Country's E-Commerce Boom UPS Inc. is setting up a joint venture in China to haul more U.S.-bound goods and capitalize on booming e-commerce in the world's most populous nation. Read more...
30 May Trailer Production Stacking Up at Stoughton Trailers Stoughton Trailers' boost in production and its expansion into the trucking market is written all over the landscape on Brodhead, Wis.' southeast side. Read more...