25 Apr Rhode Island Targets Deficient Bridges This Construction Season The Rhode Island Department of Transportation is aiming to redress its high percentage of structurally deficient bridges during this construction season, according to agency spokesman Charles St. Martin. Read more...
24 Apr Covenant Reports Solid First-Quarter Revenue, Income Covenant Transportation Group reported first-quarter net income of $4.4 million, or 24 cents per share, compared with a net loss of $39,000 in the same period of 2017. Read more...
24 Apr Ryder System Posts Higher Sales, Lower Profits in First Quarter Ryder System generated record revenue and lower net earnings in the first quarter as strong sales for the Miami-based equipment leasing and logistics service provider were offset by a write-down of goodwill for its operations in the United Kingdom and higher expenses associated with the sale of used vehicles. Read more...
24 Apr Consumer Confidence Rebounds as Homebuying Plans Hit Record U.S. consumer confidence unexpectedly rose in April to the second-highest level since 2000 as Americans grew more upbeat about both current conditions and the economic outlook, according to figures April 24 from the New York-based Conference Board. Read more...
24 Apr CN Rail Mulls Real Estate Sales to Raise Cash for Network Revamp Canadian National Railway Co. will consider selling additional real estate to free up cash that can be plowed back into its network. Read more...
24 Apr XPO Logistics Appoints Troy Cooper, Kenneth Wagers to Executive Posts XPO Logistics promoted Troy Cooper to the newly created position of president from COO, and appointed Kenneth Wagers COO with responsibility for operations in 32 countries. Read more...
24 Apr Trail King, Goldhofer Reach Distribution Agreement Trail King Industries announced it would become the exclusive U.S. and Canadian distributor of highway trailers made in Germany by Goldhofer AG, which also will become the sole distributor of Trail King products globally. Read more...
24 Apr A Man Tried to Jump Off a Detroit Overpass, Then 13 Truckers Saved Him A unique act of heroism took place in the early morning hours of April 24 along I-696 in metro Detroit. Read more...
24 Apr How Hackers Could Cause Chaos on America’s Roads and Railways When hackers struck the Colorado Department of Transportation in a ransomware attack in February and again eight days later, they disrupted the agency’s operations for weeks. Read more...
24 Apr Secretary Chao to Keynote Infrastructure Week Transportation Secretary Elaine Chao is scheduled to headline this year’s Infrastructure Week starting May 14. Read more...