Boeing’s Aging Cargo Line Risks Losing Dominance to Airbus
The air cargo business, booming as never before during the global pandemic, is massively dominated by Boeing jets that make up most of the worldwide air freighter fleet. Yet there is a threat to that dominance.
January 31, 2022Guidebook Aims to Help Communities Tap Infrastructure Funds
The White House released a guidebook meant to assist state transportation agencies with navigating the provisions of a $1 trillion law enacted in November.
January 31, 2022Earthstone to Buy Permian Oil Producer Bighorn for $860 Million
Earthstone Energy Inc. agreed to buy closely held oil and gas producer Bighorn Permian Resources for $860 million.
January 31, 2022What Does a Poor Bridge Rating Mean?
A 50-year-old bridge that collapsed in Pittsburgh had been rated as poor on a recent inspection report, but transportation officials and engineering experts cautioned that doesn’t necessarily signal imminent danger for the thousands of other U.S. bridges with the same designation.
January 31, 2022Ohio Lured Intel’s Chip Plant With $2B in Incentives
COLUMBUS, Ohio — Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest.
January 28, 2022Carrier Partners With ConMet to Expand Electrification Capabilities
Carrier Global Corp. is expanding its electrification capabilities through a new alliance with ConMet, the company announced Jan. 28.
January 28, 2022Biden Visits Collapsed Bridge, Touts Infrastructure Needs
PITTSBURGH — Arriving just hours after a serious bridge collapse, President Joe Biden stared into the cratered muddy earth where the aging span fell early Jan. 28, striking evidence supporting the $1 trillion infrastructure law he already had planned to tout on his trip here.
January 28, 2022‘Tens of Millions’ of COVID Tests Are in the Mail
About 60 million households in the U.S. have ordered at-home COVID-19 tests from the federal government and “tens of millions” of tests have been shipped out by the U.S. Postal Service, according to White House spokeswoman Karine Jean-Pierre.
January 28, 2022Tenney Group Predicts More Acquisitions in Year Ahead
Acquisition advisory firm Tenney Group predicts more trucking acquisitions will occur in the year ahead, continuing the robust market trend from 2021.
January 28, 2022Volvo Reports Mixed Q4 Results
Volvo Group reported net income slipped and revenue increased modestly in the fourth quarter, and noted that global demand for trucks remained high amid a steep decline in sales of construction equipment in China and a falloff in its bus business.
January 28, 2022