Government

American Association of Port Authorities CEO Chris Connor announced he is retiring effective Oct. 1.

The Federal Reserve said July 26 it no longer foresees a recession and raised its key interest rate by a quarter-point from roughly 5.1% to 5.3% — its highest level since 2001.

Higher gasoline and diesel taxes hit the pumps in several states starting July 1, while new laws also took effect to raise revenue from the sale of alternative fuels.

After committees approved versions of a fiscal 2024 transportation funding bill, Congress is unlikely to clear the legislation before its August recess.

Congress is wading into the debate over whether automakers should be allowed to sell more self-driving cars while manufacturers seek federal permission to expand testing of the technology.

Transport Minister Omar Alghabra said he has decided not to run in Canada’s next election and will be stepping aside from the Cabinet as a result.

Kentucky issued a temporary emergency order waiving federal hours-of-service rules and weigh station requirements through Aug. 18 for truckers assisting with storm relief efforts.

After a week of no fluctuation, diesel prices shot up a national average of 9.9 cents to hit $3.905 a gallon, according to Energy Information Administration data released July 24.

American Trucking Associations is among several industry stakeholders objecting to a NHTSA  proposal that would require side underride guards on heavy trucks.

Stakeholders are expressing concerns about the costs associated with a proposal aimed at expanding use of electric vehicles and curtailing the prevalence of internal combustion engines.