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.
Yellow Reports Q1 Loss
Less-than-truckload carrier Yellow Corp. announced first-quarter earnings May 3 that missed Wall Street revenue and income expectations.
Wyoming to Replace Aging Twin Bridges Over I-80
Truckers traveling in Wyoming over Interstate 80, which sees the most truck traffic there, will be able to drive over two new bridges to be built mostly with a new Federal Railroad Administration grant.
Shipping Lobby Group Advises Caution on Climate Targets
An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce their contribution to climate change.
Service Industry Expands Modestly as Activity Cools
The U.S. service sector expanded only modestly in April according to the Institute for Supply Management, restrained by the weakest pace of business activity in nearly three years.
Fed Raises Key Rate Again, but Hints at Possible Pause
The Federal Reserve reinforced its fight against high inflation May 3 by raising its key interest rate by a quarter-point to the highest level in 16 years.
Senators Tout FCC’s 5.9 GHz Spectrum Waiver
U.S. Senate Transportation leaders touted the Federal Communications Commission’s recent decision to open access to a band of the transportation spectrum.
Electrified Fleet Grid Upgrades Could Benefit Utilities
Paying for power grid upgrades trucking companies need to charge electrified medium- and heavy-duty fleets would provide a long-term financial boon to utilities.
Clean Truck Technologies Developing at Rapid Pace
ANAHEIM, Calif. — The rollout of zero-emission commercial vehicles and the infrastructure to support it is proceeding with added urgency.
Oklahoma, UK Form Clean Energy Pact
Oklahoma and Britain will address trade barriers, increase investment and enhance business cooperation in zero-emission vehicles, agriculture and alternative energy.
House Lawmakers Unveil CDL Streamline Bill
Legislation meant to tackle the trucking industry’s driver shortage was recently introduced in the U.S. House of Representatives.