Fed Hikes Rates Half-Point; Powell Signals Similar Moves Ahead
The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.
May 4, 2022Industry Reacts to FMCSA's Plans on Heavy-Truck Speed Limiters
A federal proposal to consider requiring speed limiters on new commercial trucks has drawn mixed reactions from trucking and safety groups.
May 4, 2022‘Beyond Compliance’ Program Delays Challenge FMCSA
Nearly five years after it was mandated by Congress to go into effect, federal trucking regulators have yet to establish a “beyond compliance” program to offer motor carriers some sort of extra credit or reward for early adoption of safety technologies or fatigue management programs.
May 4, 2022Congressional Leaders Eye Legislation Targeting Fuel Prices
With the traditional start of the busy summer driving season fast approaching, congressional leaders are taking aim at rising gasoline prices.
May 4, 2022Camden Port Among Winners of New Jersey Freight Grants
The Port of Camden is among the winning projects chosen by the New Jersey Department of Transportation for $30 million in freight impact grants to improve traffic safety for large trucks.
May 4, 2022Norman Mineta, Former DOT Secretary, Dies at 90
ANNAPOLIS, Md. — Norman Mineta, who broke racial barriers for Asian Americans serving in high-profile government posts and ordered commercial flights grounded after the 9/11 terror attacks as the nation’s federal transportation secretary, died May 3. He was 90.
May 3, 2022Shippers Turn to Trucking for Help Meeting Carbon Reduction Goals
LAS VEGAS — As large corporations make bold pledges to achieve carbon neutrality in the coming decades, they are increasingly looking at their supply chains as an opportunity to make progress toward those goals.
May 3, 2022Sen. Klobuchar Presses Passage of Shipping Bill
As supply chain woes continue to affect the commercial transportation industry, Sen. Amy Klobuchar called on colleagues to pass legislation meant to facilitate the movement of freight at the nation’s ports.
May 3, 2022White House to Help States Plan for National EV Charging Network
The new Joint Office of Energy and Transportation has helped 44 states in the past two months with technical assistance as part of the White House’s $7.5 billion deployment to build a national electric vehicle charging network.
May 3, 2022ATRI Tallies Environmental Impact of Zero-Emission Trucks
The overall life cycle of Class 8 zero-emission trucks would result in a net decrease in carbon dioxide emissions of just 30% compared with internal combustion engines despite the trucks having no direct tailpipe emissions, according to a just-released study by the American Transportation Research Institute.
May 3, 2022