17 Apr Miss. House Speaker Proposes Diversions, Tax Swap to Fund Infrastructure Mississippi House Speaker Philip Gunn presented an infrastructure funding plan April 12 that would divert money to transportation projects over the next several years. Read more...
17 Apr FHWA Audits Utah DOT National Environmental Policy Act Compliance Consistent communication between managers and staff members could benefit the Utah Department of Transportation as it executes National Environmental Policy Act responsibilities, according to a recent federal audit. Read more...
17 Apr Virginia Tech Vehicle Test Track System to Include Rural Road Simulation Virginia Tech Transportation Institute is in the midst of a major expansion of its vehicle test track system in Blacksburg, Va., as it works to complete this fall a simulated rural road system covering 120 acres. Read more...
16 Apr Rhode Island Truck Tolls Delayed Until Late May Rhode Island’s truck tolls have been postponed once again, this time until at least late May, a delay that is expected to cost $20 million in lost revenue. Read more...
16 Apr Diesel Surges 6.1¢ to $3.104 a Gallon The U.S. average retail price of diesel jumped 6.1 cents to $3.104 a gallon as oil remained near $66 a barrel after a U.S.-led force fired missiles into three Syrian chemical weapons-related sites. Read more...
16 Apr J.B. Hunt Reports Strong First-Quarter Revenue J.B. Hunt Transport Services reported first-quarter 2018 net earnings of $118.1 million, or $1.07 a share, up from $102.7 million, or 92 cents a share, in the first quarter of 2017. The Bloomberg analyst consensus forecast the carrier would report net income of $120.6 million, or $1.09 a share. Read more...
16 Apr Mike Ducker to Step Down as FedEx Freight CEO on Aug. 15 Mike Ducker will retire Aug. 15 as president and CEO of FedEx Freight after leading the group for four years, FedEx Corp. announced April 16. His successor will be named later. Read more...
16 Apr Optimism Among Builders Slides for Fourth Consecutive Month NEW YORK — Homebuilder confidence slid for the fourth consecutive month with steadily rising mortgage rates and sky-high home prices putting ownership out of reach for more Americans. Read more...
16 Apr Trump Push for Quick NAFTA Deal Slowed by Division on Top Issues President Donald Trump’s push for a quick resolution to NAFTA talks is being stymied by persistent differences among the United States, Canada and Mexico over a handful of the make-or-break issues. Read more...
16 Apr Capitol Agenda for the Week of April 16: Road to NTDC The journey to crown this year’s top truck driver is officially underway. Elite truckers passionate about safety are focusing their talents at their state truck driving championships for a chance to qualify for the National Truck Driving Championships. Read more...