DOT announces $1.2B for 9 ‘megaproject’ winners

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WASHINGTON — The Biden administration on Tuesday announced $1.2 billion in federal funds to be...

https://www.freightwaves.com/news/dot-announces-12b-for-9-megaproject-winners

The Daily Dash: Earnings insight; Hyliion declines revenue for its early products

Schneider truck on highway

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Todd Fowler, lead transportation analyst at KeyBanc, talks third-quarter earnings. Plus, Hyliion is not recording any revenue from its propulsion system and Wall Street is OK with that, and carriers continue to dominate as retail peak hits.

Inside the numbers

Third-quarter earnings are in, and the trucking sector performed quite well. Todd Fowler, lead transportation analyst at KeyBanc, shares some...

https://s29755.pcdn.co/news/the-daily-dash-earnings-insight-hyliion-declines-revenue-for-its-early-products

Could truck crash resurrect Brent Spence Bridge expansion project?

A billion-dollar bridge project put on hold due to lack of funding could get renewed attention in the aftermath of a truck crash that threatens to keep a major U.S. freight corridor closed for weeks.

The accident occurred at approximately 2:45 a.m. EST on Wednesday on the Brent Spence Bridge, which carries Interstate 75 and Interstate 71 traffic over the Ohio River between Cincinnati and northern Kentucky. A northbound truck jackknifed on the bridge’s lower deck, according to the Kentucky...

https://s29755.pcdn.co/news/could-truck-crash-resurrect-brent-spence-bridge-expansion-project