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The U.S. Congress probably won’t have time to approve a new North American Free Trade Agreement this year, as Cabinet members from the three trading partners continue to negotiate changes to the pact, according to Senate Majority Whip John Cornyn.

In an attempt to close a truck driver shortage cited by industry insiders, Ninth District Rep. Trey Hollingsworth is co-sponsoring a bill that would lower the age when commercial motor vehicle drivers are able to travel across state lines from 21 to 18.

The connection between Schneider, one of the nation’s largest truckload and logistics service providers, and venture capital fund 8VC is deepening with the appointment of Shaleen Devgun, chief information officer and executive vice president at Schneider, as an adviser to the San Francisco-based investment firm.

RIO DE JANEIRO — The president of Brazilian state oil company Petrobras resigned June 1, the latest fallout from a crippling truckers’ strike over fuel prices that has widespread implications for the future of Latin America’s largest economy.

In a small side room at Washington’s Union Station, this year’s Infrastructure Week kicked off with a keynote address from Transportation Secretary Elaine Chao. She again pointed to the private sector and state and municipal officials as being the key drivers on infrastructure funding. Before the secretary’s address, Austin, Texas, Mayor Steve Adler had offered the infrastructure intelligentsia in attendance a different message. A look at the week ahead for trucking on Capitol Hill.

U.S. Xpress Enterprises has launched an initial public offering of 18,056,000 shares of its Class A common stock, the Chattanooga, Tenn.-based company announced June 4.

Old Dominion Freight Line Inc. announced that by the end of the second quarter it will have opened five new service centers across the United States.

Carrier Pitt Ohio is testing two natural gas-powered Mack Anthem models equipped with Cummins Westport ISX12N engines as it seeks to use alternative fuels to reduce emissions.

International logistics giant DHL has been active in the United States this spring, laying the foundation for a major marketing and education center and growing a service facility in Florida.