Ex-Im Bank Can’t Back New US Exports as Charter Lapses
U.S. exporters won’t be able to obtain new financing for overseas deals from the U.S. Export-Import Bank as of July 1.
July 1, 2015CSA Needs to Be Aligned With Safety Risks That Cause Accidents, Report Says
A report by an independent review team that examined the Federal Motor Carrier Safety Administration’s enforcement practices concluded that the agency’s Compliance, Safety, Accountability program needs to be better aligned with the safety risks that cause crashes.
June 30, 2015Consumer Confidence Exceeds Expectations in June
Consumer confidence increased more than forecast in June as Americans grew more optimistic about the economy and the labor market.
June 30, 2015Vermont to Divert Money From State Account to Keep Road Work on Schedule
Vermont Transportation Secretary Sue Minter says that if Congress doesn't pass a transportation bill by the end of July, her agency plans to borrow money from the state's cash flow account to keep road projects on schedule.
June 30, 2015Rhode Island Legislature Ends Session Without Acting on Truck-Toll Bill
Rhode Island’s Legislature ended its 2015 session on June 26 without taking action on several pending bills, including one that would have authorized tolls on large commercial trucks to finance a $600 million revenue bond to pay for bridge repairs across the state.
June 29, 2015Senate Commerce Committee Votes to Open Access on Key Metrics About US Ports
The Senate Commerce Committee on June 25 gave voice vote approval to legislation that aims to provide access to new key metrics on U.S. ports as a way to help officials detect signs of disruptions to economic sectors.
June 29, 2015FMCSA Announces Changes to CSA Program
The Federal Motor Carrier Safety Administration on June 29 announced plans to make several changes to the Compliance, Safety, Accountability program intended to more closely align intervention thresholds of its safety rating categories to crash risk.
June 29, 2015Supreme Court Rules Against EPA on Power-Plant Emissions Rule
The Obama administration didn’t adequately consider the billions of dollars in costs before issuing a rule designed to cut hazardous emissions from 460 coal-fired power plants, the U.S. Supreme Court ruled.
June 29, 2015Senate Panel Unanimously Approves New Six-Year Highway Policy Bill
WASHINGTON — A Senate panel unanimously approved a six-year highway policy bill that boosts freight programs and would increase funding for infrastructure projects.
June 29, 2015Trucking Industry Expresses Support For FMCSA Plan to Reward Safety Steps
Trucking groups and industry suppliers expressed support for a plan that would give motor carriers extra credit for instituting safety measures ahead of regulatory mandates but did not agree on all of the details.
June 29, 2015