Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics Ltd. for $54 million (3.8 billion rupees) as the U.S. firm seeks to capture the demand in the world’s fastest growing e-commerce market.
Category: News
FHWA Extends Comment Period on Bridge Inspections Proposal
The Federal Highway Administration has announced it is extending the period for public comment on its proposed rule to improve oversight of U.S. bridge inspections by incorporating a risk-based approach and encouraging the use of such technological adv…
Pete Buttigieg Releases $1 Trillion Infrastructure Plan
Pete Buttigieg has become the latest presidential candidate to release a comprehensive infrastructure plan, announcing his $1 trillion “Building for the 21st Century” plan Jan. 10.
Pete Buttigieg Releases $1 Trillion Infrastructure Plan
Pete Buttigieg has become the latest presidential candidate to release a comprehensive infrastructure plan, announcing his $1 trillion “Building for the 21st Century” plan Jan. 10.
Stakeholders Tout Trump Administration’s NEPA Proposal
A significant number of infrastructure stakeholders have come out in support of the Trump administration’s recent proposal targeting the environmental permitting process.
GM Set to Revive Hummer Brand With Electric Truck and SUV
General Motors Co. is moving forward with plans to revive its polarizing Hummer brand, this time as an electric truck instead of an emblem of gasoline consumption, according to people familiar with the matter.
Atlanta Was Easiest Market for Spot Loads in 2019, DAT Solutions Report Says
Atlanta was the easiest market to find spot truckload van freight in 2019, according to a Jan. 9 DAT Solutions report, and because spot freight is unscheduled freight, it is seen as a dynamic indicator of economic activity.
Oregon DOT Appoints Leaders for Office on Mobility, Project Delivery
The Oregon Department of Transportation has announced three leaders to steer its newly formed Office of Urban Mobility and Mega Project Delivery.
Tenneco Names Brian Kesseler Sole CEO
Commercial vehicle supplier Tenneco Inc. announced co-CEO Brian Kesseler will assume the newly consolidated role of CEO.
Tenneco Names Brian Kesseler Sole CEO
Commercial vehicle supplier Tenneco Inc. announced co-CEO Brian Kesseler will assume the newly consolidated role of CEO.