09 Jun Democratic, GOP House Members Pitch New Infrastructure Plan A group of Democratic and Republican U.S. House members that is trying to keep alive the hope of a bipartisan infrastructure package said late June 8 agreement had been reached on $761.8 billion in new spending over eight years. Read more...
09 Jun Biden Will Need More Than $52 Billion for Chip Effort, Analysts Say President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China. Read more...
08 Jun AASHTO, ITS America Appeal FCC’s 5.9 GHz Spectrum Decision Opposition to the Federal Communications Commission’s ruling on the 5.9 GHz transportation spectrum band remains active as a pair of stakeholders are formally pushing back on the agency’s move. Read more...
08 Jun Biden-Capito Infrastructure Talks End With No Deal President Joe Biden ended talks with Republican Sen.Shelley Moore Capito on an infrastructure plan without a deal, after failing to reach agreement on the scope of spending or how to pay for it. Read more...
08 Jun Whiting Systems Opens New Welding Facility Whiting Systems opened a new welding facility that will allow manufacturing processes to be faster for customers, the company announced last month. Read more...
08 Jun Lordstown Motors Reveals Cash Crisis Lordstown Motors Inc., an electric-vehicle startup that recently went public, said it may not have the cash to get its debut pickup truck to market — and might not last as a company in the next 12 months if it can’t raise more capital. Read more...
08 Jun Retiring NTSB Chairman Sumwalt Reflects on 15 Years With the Board NTSB chief is set to enter the next phase of his life after being one of the safety agency's longest-serving members ever. Read more...
08 Jun Walmart, Target Unveil Own Versions of Amazon Prime Day Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day. Read more...
08 Jun Navistar Posts Surge in Fiscal Q2 Net Income Navistar International Corp., the parent company of International brand trucks, reported a surge in net income and increased revenue for its fiscal second quarter as truck orders rose and it increased production. Read more...
08 Jun Manager’s Road Back to Baseball Took a Trucking Turn Phillip Wellman is a baseball lifer, but a stint as a trucking fleet manager left an indelible impression. Read more...