Union Pacific (NYSE: UNP) is constructing a grain transload facility near Chicago to benefit Midwest agricultural producers and processors and reduce their supply chain costs.
The company is building the facility within its Global IV intermodal terminal in Joliet, Illinois. The Union Pacific Global IV Transload Facility will be managed by JCT, a 50-50 joint venture between Consolidated Grain and Barge Co. and...
U.S. Department of Transportation Secretary nominee Pete Buttigieg acknowledged on Thursday that raising the federal gas tax will be one of the options to fund “major investments” needed for highway infrastructure.
“I think all options need to be on the table,” Buttigieg said during his confirmation hearing before the U.S. Senate’s Commerce, Science, and Transportation Committee.
“The current state of the highway trust fund [HTF] is that there’s more going out than coming in, and up until now...
https://www.freightwaves.com/news/buttigieg-raising-gas-tax-on-the-table-to-pay-for-infrastructure