Lead Transportation Manager

BlackRock summit to focus on workforce needed for U.S. infrastructure boom. 8:18 AM on saturday, March 7. (The Center Square) - A coalition of government officials, corporate executives, and labor leaders is gathering in Washington next week to address what many see as the biggest obstacle to a new wave of U.S. infrastructure investment: finding enough skilled workers to build it. BlackRock and Global Infrastructure Partners will host a U.S. Infrastructure Summit in Washington, D.C., on Wednesday, March 11. The one-day event will bring together policymakers, business leaders, and labor representatives to discuss how the country can deliver major infrastructure projects while also expanding the skilled trades workforce needed to support them. The issue has grown more urgent as billions of dollars in private investment flow into sectors such as semiconductors, energy, and artificial intelligence. The Trump administration has attracted trillions of dollars in private investment commitments tied to infrastructure development and advanced manufacturing. However, those projects require a large workforce of electricians, construction workers, technicians, and other skilled trades. BlackRock research estimates that infrastructure development alone could create hundreds of thousands of new skilled trade jobs over the next decade. The summit's speaker list reflects a broad coalition forming around the workforce challenge. Participants include U.S. Interior Secretary Doug Burgum, U.S. Transportation Secretary Sean Duffy, and U.S. Energy Secretary Chris Wright. A bipartisan group of U.S. senators also are scheduled to attend, including Sen. Mark Warner, D-Va., Sen. Steve Daines, R-Mont., Sen. Catherine Cortez Masto, D-Nev., Sen. Todd Young, R-Ind., and former Sen. Markwayne Mullin, R-Okla., President Donald Trump's pick to succeed Kristi Noem as Department of Homeland Security secretary. Corporate leaders scheduled to appear include Chevron CEO Mike Wirth, UPS CEO Carol Tomé, and NextEra Energy CEO John Ketchum. Labor leaders such as Teamsters General President Sean O'Brien and North America's Building Trades Unions President Sean McGarvey will participate as well. Policy experts from across the political spectrum will also speak. That includes American Compass founder Oren Cass and Progressive Policy Institute senior advisor Bruno Manno. The Trump administration has pursued several workforce initiatives in recent months to address the labor shortage. In April 2025, President Donald Trump signed an executive order to prepare Americans for skilled trade jobs. Congress later approved Workforce Pell Grants, which extend federal financial aid to short-term job training programs. The administration released "America's Talent Strategy," a plan to better align education programs with workforce needs. Officials have also set a goal of surpassing one million active registered apprentices nationwide. Private companies have begun experimenting with workforce agreements to attract workers to expanding industries. Last year, in the rail sector, Union Pacific and the SMART-TD union announced a "Jobs for Life" agreement guaranteeing lifetime employment for certain union workers following a proposed merger involving Norfolk Southern. Supporters say the agreement demonstrates how companies and labor groups may find common ground when industries are growing and skilled workers are in high demand. Summit organizers say the goal of the Washington gathering is to bring together leaders from across government, business, and labor to determine how the country can translate investment commitments into real projects and long-term economic growth. Whether that coalition can turn shared concerns into coordinated action remains unclear.

BlackRock's GIP to acquire TCR. 6th March 2026 Global Infrastructure Partners (GIP), part of infrastructure investor BlackRock, has entered into a definitive agreement to acquire TCR, the largest independent lessor of airport ground support equipment, from 3i Infrastructure. Members of TCR's management team will invest alongside GIP. The transaction reflects GIP's strategy of investing in essential aviation infrastructure businesses with strong growth potential and resilient business models. Headquartered in Brussels, TCR owns and manages a global fleet of airport ground support equipment, supporting safe and efficient aircraft operations across more than 200 airports worldwide. "We are delighted to partner with TCR, the clear global leader in ground support equipment leasing," said Michael McGhee, deputy chairman of Global Infrastructure Partners (GIP). "TCR combines mission-critical airport infrastructure with a highly scalable growth platform, led by an exceptional management team. We look forward to working closely with management to accelerate the company's international expansion and further strengthen its position at the heart of the global aviation ecosystem." The transaction is subject to customary closing conditions and regulatory approvals. TCR supports aircraft operations across more than 200 airports worldwide

Global Infrastructure Partners agrees to acquire TCR. Investment in the world's largest independent ground support equipment lessor strengthens GIP's Transport Platform NEW YORK-(BUSINESS WIRE)-Global Infrastructure Partners ("GIP"), a part of BlackRock, a leading global infrastructure investor, today announced that it has entered into a definitive agreement to acquire TCR, the largest independent lessor of airport ground support equipment, from 3i Infrastructure plc. Members of TCR's management team will invest alongside GIP. The transaction reflects GIP's long-term conviction in global aviation and its strategy of investing in essential aviation infrastructure businesses with strong growth potential and resilient business models. Headquartered in Brussels, TCR owns and manages a global fleet of airport ground support equipment, supporting safe and efficient aircraft operations across more than 200 airports worldwide. With a diversified customer base and long-term contractual relationships, TCR is integral to efficient airport operations globally. "We are delighted to partner with TCR, the clear global leader in ground support equipment leasing," said Michael McGhee, Deputy Chairman of Global Infrastructure Partners (GIP). "TCR combines mission-critical airport infrastructure with a highly scalable growth platform, led by an exceptional management team. We look forward to working closely with management to accelerate the company's international expansion and further strengthen its position at the heart of the global aviation ecosystem." The transaction is subject to customary closing conditions and regulatory approvals. About Global Infrastructure Partners (GIP), a Part of BlackRock Global Infrastructure Partners (GIP), a part of BlackRock, is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. GIP's scaled platform has over $193 billion in assets under management. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our clients' capital and create positive economic impact for communities. For more information, visit www.global-infra.com.