Capitol Agenda for the Week of May 15: Infrastructure Week Is Here
Video: Marcia Hale, president of Building America's Future, sets the stage for Infrastructure Week with TT's Eugene Mulero. Here's the week ahead for trucking on Capitol Hill.
May 15, 2017At P3s Session, Few See Funding Solution on Horizon
WASHINGTON —There seemed to be little optimism at an afternoon session on public-private partnerships that Congress will pass a $1 trillion infrastructure funding bill by year’s end or that the federal government will receive P3s with open arms anytime soon.
May 15, 2017Diesel Falls 2.1¢ to $2.544 a Gallon
The U.S. average retail price of diesel dropped 2.1 cents to $2.544 a gallon, and oil prices regained some ground lost over the past two weeks amid indications OPEC-led production cuts could be extended for six more months.
May 15, 2017J.B.Hunt Appoints Simpson Chief Commercial Officer
J.B. Hunt Transport Services Inc. appointed Shelley Simpson chief commercial officer, the company said.
May 15, 2017NGVAmerica Searches for New President as Matt Godlewski Steps Down to Move to Ford
Matthew Godlewski, president of NGVAmerica, will step down in May to take a position at Ford Motor Co. headquarters in Dearborn, Mich. NGVAmerica, a trade association representing advocates of the use of natural gas and biomethane as transportation fuels, announced his departure.
May 15, 2017Mesilla Valley Transportation Partners With Penske to Maintain Trucks
Mesilla Valley Transportation, a dry van truckload carrier based in Las Cruces, N.M., will work with Penske Truck Leasing Corp. to maintain its nationwide fleet of more than 1,300 trucks.
May 15, 2017Transportation Executive Acquires Polonez Parcel Service, Plans Expansion
Veteran transportation executive Tom Nightingale has purchased Polonez Parcel Service and Universal Trucking Service, according to a statement Nightingale issued May 10.
May 15, 2017Optimism for Sales Prospects Propels Homebuilder Sentiment
More confidence among U.S. home builders this month shows the industry remains optimistic that demand will keep growing in the face of rising property values, according to data May 15 from the National Association of Home Builders/Wells Fargo.
May 15, 2017Seko Logistics Expanding Footprint in Western New York and Pennsylvania
Seko Logistics has opened two warehouses this year as a result of medical, automotive, industrial and technology companies bringing supply chains back into the United States, the third-party logistics company announced May 10.
May 15, 2017World's Biggest Container Line Scales Down Bond-Market Reliance
The world’s biggest container shipping company and Denmark’s largest issuer of corporate bonds may rely less on debt markets in the near future.
May 15, 2017