Government
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
Colonial Pipeline Weighs Bids for Potential $10B Sale
The Alpharetta, Ga.-based company is working with advisers as it seeks to gauge interest from potential buyers, according to sources who asked not to be named.
US Grants $2.4B for Rail Infrastructure Upgrades
Most of the money will go to track and bridge upgrades. Some will be used to bolster training and explore cleaner-burning alternatives to the diesel the rail industry has long relied on.
New Indiana-Ireland Pact Seeks Direct Container Service
A business pact to form a container service between Indiana and Ireland was signed recently by officials from the Ports of Indiana and Port of Cork.
New Arizona-Mexico Commercial Port Gets $275M Contract
The U.S. General Services Administration awarded a $275 million contract to create a large commercial border crossing in Arizona to facilitate bilateral trade with copper mines in Mexico.
Soybean Demand Drops as US Biofuel Tax Credit Stalls
Agriculture giants including Cargill Inc. and Bunge Global SA are slowing their buying of soybeans because of uncertainty over U.S. biofuels policy.
Trucking Firms Call on Hochul to Delay New York’s EV Rule
COHOES, N.Y. — Trucking industry executives and others asked Gov. Kathy Hochul to pump the brakes on state regulations that mandate sales of electric trucks in New York starting in January.
White House Adviser Addresses Fleets’ Need for Cybersecurity
CLEVELAND — White House official Stephen Viña stressed the importance of trucking cybersecurity Oct. 28 even as carriers adapt to an unknown technological future.
PennDOT Approves Rules for Self-Driving Vehicles in State
There are now rules of the road for self-driving vehicles in Pennsylvania.
Oil Prices Fall on Weak Global Demand
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.
October 29, 2024Biden to Announce $3B to Reduce Carbon Emissions at Ports
WASHINGTON — The Biden administration is awarding nearly $3 billion to boost climate-friendly equipment and infrastructure at ports across the country.