Revenova News and Upcoming Events
- Biofuel Trade Groups Express Concerns About Future of Renewable Fuel Standard ProgramMembers of biofuel and gasoline trade organizations alike told members of a House subcommittee that they have concerns about the future of advanced biofuels under the federal Renewable Fuel Standard program. Some want fixes to the program, while others want it to go away.
- NY Proposes Grant of Up to $21 Million for Inland PortSYRACUSE, N.Y. — State transportation officials have agreed to provide up to $21 million to transform the DeWitt rail yard owned by CSX Corp. into an intermodal cargo facility to ship containers to and from ocean ports.
- Mnuchin’s Silence Signals His Displeasure With Trump’s Trade WarTreasury Secretary Steven Mnuchin is signaling his displeasure with President Donald Trump’s trade war with China by saying nothing at all.
- ASCE Gives Kansas C on Infrastructure Report CardKansas’ infrastructure has improved slightly, according to the American Society of Civil Engineers’ most recent report card.
- Roadrunner Pares Losses for Full-Year 2017Roadrunner Transportation Systems reported a net loss of $91.2 million for full-year 2017 compared with a loss of $360.3 million in 2016. The diluted loss per share was $2.37 for 2017 compared with a diluted loss per share of $9.40 for 2016.
- German Auto Stocks Decline on Threat of 20% TariffGerman automotive stocks fell after U.S. President Donald Trump threatened to impose a 20% tariff on all European car imports, escalating his demand for concessions aimed at lowering the U.S. trade deficit.
- Central Oregon Truck Increases Driver PayCentral Oregon Truck Co. implemented a pay structure that gives new drivers $65,000 a year in base pay and experienced drivers more than $90,000 a year in pay.
- Global Auto Sector Likely to Feel Effects of TariffsOver the past three decades, the global auto industry has gotten, well, more global. Manufacturers built scores of factories outside their home countries to reduce exposure to currency swings, take advantage of cheaper labor and manufacture cars closer to buyers.
- UPS, Teamsters Reach Tentative Deal on Five-Year ContractMore than five weeks before its contract with UPS expires Aug. 1, the International Brotherhood of Teamsters and the Atlanta-based shipping giant announced late June 21 tentative agreement on a five-year contract that industry officials say could pave the way for UPS to begin Sunday delivery service.
- Lehigh Valley Planners Target Tractor-Trailer Parking as E-Commerce SurgesWhile the growing presence of tractor-trailers has been a complaint of Lehigh Valley, Pa., residents in recent years, local planners are concerned with the one place they’re not seeing them — designated truck parking spots.