April 8, 2021
Transport TopicsPresident Joe Biden and his team are galvanizing public support for their multitrillion-dollar infrastructure proposal as Congress prepares to debate both the plan and the administration’s budget request for federal agencies. The president on April 7 touted proposals in his […]
April 8, 2021
FreightWavesThe international air cargo market has been on fire since last summer and the blaze is getting bigger, new figures show. The only thing dampening growth is a lack of capacity related to the severe pullback in international passenger flights. […]
April 7, 2021
Transportation TodayThe Illinois Department of Transportation (IDOT) recently awarded $7 million to 21 projects statewide to upgrade roads to accommodate local truck traffic. Funding is through IDOT’s Truck Access Route Program. The program allows townships, municipalities, and counties to apply for […]
April 7, 2021
gCaptainOcean carriers enjoyed their best quarter in container shipping history in the final three months of 2020, but are expected to have significantly topped that record in the first quarter of this year. According to New York-based Blue Alpha Capital, […]
April 6, 2021
FreightWavesFedEx Corp. (NYSE:FDX) said Tuesday it has reinstated money-back guarantees on much of its air express deliveries, a move that followed by one day a similar step by archrival UPS Inc. (NYSE:UPS). Memphis, Tennessee-based FedEx will restore guarantees on all […]
April 6, 2021
Transportation TodayU.S. Reps. Peter DeFazio (D-OR), chair of the House Committee on Transportation and Infrastructure, and Rick Larsen (D-WA), chair of the Subcommittee on Aviation, called on the U.S. Department of Transportation Friday to deny Norse Atlantic Airways a foreign air […]
April 5, 2021
PoliticoBiden administration officials continued to pitch the president’s $2.5 trillion infrastructure plan on the Sunday morning news shows, where they were repeatedly challenged over the plan’s broad scope. Fox News’ Chris Wallace and White House National Economic Council Director Brian […]
April 5, 2021
FreightWavesCommercial truck driver jobs are forecast to make some of the biggest gains if the Biden administration’s infrastructure package can get through Congress without major revisions, according to a report analyzing the plan. The report, by Georgetown University Center on […]
April 2, 2021
FreightWavesU.S. weekly rail volumes rose 16.1% year-over-year as last year’s pandemic-induced volume downturn reflects uneven comparisons, according to the Association of American Railroads (AAR). However, macroeconomic indicators still point to continued strength in the consumer economy, which could support rail […]
April 2, 2021
gCaptainPresident Biden on Wednesday announced a more than $2 trillion jobs-creating infrastructure proposal which the administration says will add millions of jobs and position the United States to out-compete China. “It’s a once-in-a-generation investment in America, unlike anything we’ve seen […]