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.
US Economy Grew Solid 3.2% in Fourth Quarter
WASHINGTON — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Feb. 28.
Canada to Invest in Revamp of Port Windsor Grain Terminal
Canada is investing up to $26.3 million to improve multimodal operations in Port Windsor in Ontario at a key grain terminal operated by U.S.-based Archer Daniels Midland Co. that handles corn, soya and canola.
Carrier Uses Arkansas Grant for Electric Yard Truck
An Arkansas state environmental grant for $166,023 has helped truckload carrier Continental Express modernize its operations with an all-electric spotter truck at a Nestlé USA plant.
Port of L.A. Updates From Gene Seroka
Port of Los Angeles Executive Director Gene Seroka talks with TT's Dan Ronan about growth at the port and challenges in early 2024 following the successful completion of a labor agreement in 2023.
February 27, 2024Gas Vehicles Currently Cheaper to Fuel Than EVs
With gasoline prices dropping, a new study suggests gas-powered vehicles may be more economical to fuel up versus an equivalent electric vehicle.
Factory Orders Tick Up in January
Orders placed with factories for business equipment barely rose in January after falling the prior month, suggesting firms are restraining their investment amid an uncertain outlook.
Norfolk Southern Urges Shareholders to Reject Takeover Plan
OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.
National Average Diesel Price Falls 5.1¢ to $4.058 a Gallon
The national average for a gallon of diesel fell by 5.1 cents the week ending Feb. 26, the largest drop this year, according to data released by the Energy Information Administration.
House Launches AI Task Force
To assist policy panels with an in-depth understanding of artificial intelligence technology, House leaders recently created a bipartisan task force.
FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal
The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.