One alternative asset manager raised $14 billion for infrastructure deals last year — the biggest such fund ever. About six months later, another manager topped it, raising $15.8 billion.
February 13, 2017Search
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P3s Part of Infrastructure Funding Toolkit, US Chamber Transportation Official Says
WASHINGTON — The top transportation official at the U.S. Chamber of Commerce defended the potential benefits of public-private partnerships, amid back-to-back congressional hearings this month during which lawmakers questioned whether infrastructure projects backed by private dollars were right for rural areas.
February 13, 2017Capitol Agenda for the Week of Feb. 13: Keep It Moving
Two congressional hearings this month called into question the potential benefits of private capital in advancing infrastructure projects. Here's the week ahead for trucking on Capitol Hill.
February 14, 2017Reopening Border Trade Deals Sparks Concern in Freight Sector
Freight sector executives in recent earnings updates and appearances on Capitol Hill stressed that seamless trade agreements are a value for growth and productivity, a reminder to the Trump administration and a Republican-led Congress likely to revisit trade deals with Mexico and other countries.
February 13, 2017Opinion: Truck Parking Is Quiet Crisis Facing Industry
Each night, thousands of truck drivers across the country find themselves in a horrible game of “musical chairs” — searching for parking spaces to take their mandated 10-hour rest period. This occurs because of a major shortage for truck parking, which has not kept up with the volume and growth of trucks traveling across our country each day.
February 13, 2017Consumer Sentiment Cooled in February on Views of Finances
Consumer confidence retreated in February from a 13-year high, as Americans tempered expectations of their finances and the economy.
February 10, 2017Editorial: Amazon Invests in the Future
We’ve all heard the saying, “You have to spend money to make money.” A recent announcement from Amazon.com indicates that it is willing to invest heavily to expand its in-house delivery capabilities and boost its e-commerce business.
February 13, 2017ATA Infrastructure Group Urges Action on Funding
WASHINGTON — Transportation Secretary Elaine Chao and congressional funding leaders were urged to resolve the nation’s long-standing shortfall in infrastructure development during meetings with American Trucking Associations’ Infrastructure Task Force.
February 10, 2017Private Equity Group Buys Stake In Evans Network of Cos.
Calera Capital has acquired a majority stake in the Evans Network of Cos., but CEO Bo Bates, the Evans family and management will retain a significant equity interest in the business, according to a Feb. 9 announcement.
February 9, 2017FedEx Executives Logging Face Time With Trump, Pence
Top FedEx officials are logging face time with the Trump administration in Washington this week.
February 9, 2017