Pete Buttigieg Eyes ‘Big, Bold’ Infrastructure Plan, Chuck Schumer Says
Advancing a “big, bold” infrastructure policy measure with an emphasis on climate change is a priority for President-elect Joe Biden’s choice to lead the U.S. Department of Transportation, said Senate Minority Leader Chuck Schumer.
January 4, 2021Manufacturers Rethink Supply Chains, Eye Reshoring After Events of 2020
A trade war with China and the disruptive effects of the COVID-19 pandemic have U.S. companies starting to question a decades-old strategy of shifting manufacturing operations to low-cost labor markets in China and other Asian nations.
January 4, 2021OPEC+ Meets to Discuss Output Hike, With Saudis Urging Caution
Saudi Arabia urged caution as OPEC+ gathered to discuss whether to hike supply again in February, with many countries wary of undermining a fragile recovery.
January 4, 2021FMCSA Proposes Revised Guidance on Yard Moves
The Federal Motor Carrier Safety Administration is proposing to revise regulatory guidance related to how truck drivers record yard moves as part of their hours of service.
January 4, 2021West and East Coast Ports Report Strong November Volume
The nation’s ports continued their breakneck pace in November as imported products arrived and unloaded at a record or near-record rate at facilities on the Pacific and Atlantic coasts.
January 4, 2021NHTSA Fines Daimler $10 Million Over Timing of Truck Recalls
Daimler Trucks North America will pay a $10 million fine and change how it recalls trucks after an investigation by federal safety regulators that found it did not recall vehicles in a timely fashion and comply with other reporting requirements.
December 31, 2020Railroads Install Crash-Prevention System Ahead of US Deadline
U.S. railroads have completed installation of an automated crash-prevention system that covers 57,536 miles of freight and passenger tracks ahead of an end-of-year deadline that was previously extended, the Federal Railroad Administration announced Dec. 29.
December 29, 2020McConnell Blocks Democrats’ Bid to Pass $2,000 Stimulus Checks
Senate Majority Leader Mitch McConnell on Dec. 29 blocked an attempt by Democrats to force quick action on increasing direct stimulus payments to $2,000 despite President Donald Trump’s demands for the change.
December 29, 2020Fed Extends Main Street Program to Process Last Submitted Loans
The Federal Reserve has delayed the termination of the Main Street Lending Program to Jan. 8, from Dec. 31, to finish processing loans submitted by a Dec. 14 deadline to tap its funds.
December 29, 2020Trucking Braces for ‘COVID Hangover’ and Ongoing Battles in 2021
As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.
December 29, 2020