22 Oct Labor Shortage Hits Denver Rush Hour With Light-Rail Cuts The U.S. labor shortage is taking a toll on Denver’s rush hour. Read more...
22 Oct Lyft Forecasts Profit by End of 2021, Sending Shares Surging Ride-hailing company Lyft Inc. is expected to turn a profit by the end of 2021, a year earlier than analysts had expected, company executives said. Read more...
22 Oct ‘Multi-Year Plan’ Unveiled for Illinois Infrastructure Illinois Gov. Jay “J.B.” Pritzker and the Illinois Department of Transportation have released the Multi-Year Plan, which dedicates $23.5 billion to infrastructure projects throughout the state. Read more...
22 Oct Trudeau Team Seeks to Calm Oil Patch Fears of Pipeline Debacle One of Justin Trudeau’s top lieutenants says the Canadian prime minister will proceed with an expansion of the Trans Mountain oil pipeline even as he’s now likely to share power with the more environmentally minded New Democratic Party. Read more...
22 Oct Williams CEO Says Its Gas Pipe Can Help Cuomo’s NY Green Goals A natural gas pipeline that has been held up by New York could help Gov. Andrew Cuomo meet his ambitious clean energy goals if he approves it, according to the developer behind the $1 billion project. Read more...
22 Oct With Eye on Future, Continental Opens Mississippi Tire Plant German tire manufacturer Continental AG celebrated the grand opening of its first plant dedicated to truck tires, the company said in an Oct. 16 news release. Read more...
22 Oct Layoffs Hit Stevens Tanker, Amazon Contractors Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freight market. Read more...
22 Oct Michigan Auditor General: MDOT Allowed Aggregates Group to Influence Study Michigan’s auditor general recently found that the state Department of Transportation allowed industry representatives to influence a study on the aggregates market. Read more...
22 Oct Paccar Reports Higher Q3 Income, Revenue Paccar Inc. reported higher third-quarter net income and revenue amid gains in sales of trucks and parts. Read more...
22 Oct UPS, AmerisourceBergen Plan Drone Drug and Device Delivery UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS’ new Flight Forward “drone airline” to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S. Read more...