Transportation Industry News

• Sen. Roy Blunt Sees Path to Scaled-Down Infrastructure Deal
  A senior Republican senator said fees for airports and other infrastructure, along with levies for highways, could be used to fund a bipartisan investment package, amid GOP opposition to the corporate tax hikes proposed by President Joe Biden.
• J.B. Hunt Reports Q1 Revenue Increased to $2.6B
  J.B. Hunt Transport Services saw revenue and earnings increase due to strong segment growth during the first quarter of 2021, the company reported April 15.
• Drivers at Grocery Startup Imperfect Foods Vote to Unionize
  Drivers at grocery delivery startup Imperfect Foods Inc. have voted to unionize, an apparent victory for organized labor as it steps up efforts to make inroads into California’s fast-growing startups. The company said it would challenge the results.
• Consumer Sentiment Rises Along With Inflation Expectations
  U.S. consumer sentiment improved in April following another round of fiscal stimulus and as job growth accelerated. At the same time, inflation expectations surged to the highest in nine years.
• Home Construction Rebounds in March
  WASHINGTON — U.S. housing construction rebounded strongly in March with home builders recovering from an unusually frigid February that shut down projects.
• Port Manatee Sees Record Container Cargo Business
  PORT MANATEE, Fla. — In spite of the COVID-19 pandemic, Port Manatee is experiencing a boom in business with containerized cargo trade increasing nearly 74% in the six months ending March 31, compared to the same period a year earlier.
• Daimler Profit Tops Estimates as China Leads Sales Recovery
  Daimler AG reported significantly better first-quarter earnings than analysts expected, driven by strong demand for Mercedes-Benz cars, particularly in China.
• Walmart Invests in Cruise, the GM-Backed Autonomous-Car Startup
  Walmart is taking an undisclosed stake in Cruise, the autonomous-vehicle technology company that’s majority-owned by General Motors Co.
• Transport Topics Radio
  Transport Topics Radio is a weekly news roundtable airing Saturdays on SiriusXM channel 146 from 1-3 p.m. ET and rebroadcast Saturday nights from 11 p.m.-1 a.m. ET, and Sundays from noon-2 p.m. ET and 9-11 p.m. ET. Check out this week's lineup.
• Buttigieg Promotes Budget for DOT, Touts Infrastructure Plan
  The Biden administration’s proposal to increase funding for operations at the U.S. Department of Transportation would enhance the flow of commerce and respond to concerns linked to climate change, Secretary of Transportation Pete Buttigieg told House lawmakers April 15.