CSA Reforms Included in Final Five-Year Highway Bill
Under a five-year highway bill unveiled Dec. 1, federal trucking regulators would be required to remove certain safety performance scores for motor carriers from public view until regulators reform the scoring program.
December 1, 2015EPA Issues 2016 Renewable Fuel Standards
The U.S. Environmental Protection Agency has issued its final volume requirements for renewable fuels in 2016 that call for a more than 10% increase in total renewable fuels from 2015 — with most of the increases in ethanol-based renewable fuels.
December 1, 2015Quarter of US Bridges Deemed Deficient, GAO Says
Nearly one in four bridges in the country have been found to be deficient, with about 14% categorized as functionally outdated, according to a recent study by the Government Accountability Office.
December 1, 2015ALK Adds Traffic, Drive-Time Details to Mapping Platform
ALK Technologies has expanded its Web-based ALK Maps platform with new map overlays designed to provide more insight for route planners.
December 1, 2015Werner Increasing Pay for 1,400 Drivers
Werner Enterprises Inc. is increasing pay for about 1,400 drivers by an average of $5,000, effective Jan. 1.
December 1, 2015BMO Completes Acquisition of GE’s Transportation Finance Business
BMO Financial Group announced that it has completed the acquisition of General Electric Capital Corp.’s transportation finance business, which will be managed by its Chicago-based subsidiary BMO Harris Bank N.A.
December 1, 2015Oil Prices Predicted to Continue Decline in 2016
Depressed oil prices are likely to linger longer as analysts dropped their predictions further for next year, according to a Reuters poll, assuming OPEC will not cut output when it meets Dec. 4.
December 1, 2015Manufacturing Shrinks by Most Since June 2009
Manufacturing in the U.S. unexpectedly contracted in November at the fastest pace since the last recession as elevated inventories led to cutbacks in orders and production.
December 1, 2015Construction Spending Rises to Near Eight-Year High
U.S. construction spending rose more than expected in October as outlays increased across the board, suggesting the economy remains on firmer ground despite some slowing in consumer spending and persistent weakness in manufacturing.
December 1, 2015Dec. 1 New Target Date for Unveiling of Long-Term Highway Bill
The final version of a highway bill that would set in motion reforms to a controversial safety performance scoring program for motor carriers, as well as back infrastructure projects nationwide for several years, likely will be unveiled Dec. 1, a senior House transportation panel aide told Transport Topics.
November 30, 2015