Feds kick in $209M loan for Ohio’s Portsmouth Bypass

Feds kick in $209M loan for Ohio’s Portsmouth Bypass

U.S. Transportation Secretary Anthony Foxx recently announced a $209 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to help finance the Portsmouth Bypass in Scioto County, Ohio. The Portsmouth Bypass, expected to cost $430 million, will be built by Ohio’s first public-private partnership (PPP) and will be the state’s largest single construction project. Foxx…

ATRI president predicts “significant capacity shortage”

ATRI president predicts “significant capacity shortage”

Rebecca Brewster, president of the American Transportation Research Institute (ATRI), is predicting a continuing driver shortage and overall capacity shortage in the trucking industry, according to a report in the Jacksonville Business Journal. Reporter Jensen Werley wrote that Brewster made several key points in a conference call with Stifel Nicolaus analysts regarding the status of…

Nevada firm wants “Uber-like” services for trucks

Nevada firm wants “Uber-like” services for trucks

Nevada-based On the Move Systems (OMVS) is developing a new program designed to save time and money on trucking by connecting users directly with individual service providers, according to a company release. “Uber has opened up a new realm of possibilities on America’s roads,” said OMVS CEO Robert Wilson. “It’s a revolutionary business model with…