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.
Boeing’s 737 Max Returns in US With American Airlines Flight
Boeing Co.’s 737 Max is poised to return to commercial service in the U.S. with the first flight since two deadly crashes prompted the longest aircraft grounding in the nation’s history.
Crude Climbs in Wake of Weaker Dollar, Expected Supply Drop
Oil advanced with support from a weaker dollar and expectations of declining U.S. crude inventories.
Trucking Industry Experts Optimistic About 2021, Once COVID Is Over
The trucking industry stands poised for a solid start in 2021, building on an unprecedented 2020 during which the U.S. economy relied heavily on truckers amid the COVID-19 pandemic.
All Eyes on Senate After House Backs Trump on $2,000 Checks
The House on Dec. 28 passed a bill replacing the $600 stimulus checks in the newly enacted virus relief bill with $2,000 payments, as Democrats and moderate Republicans voted in favor of a proposal backed by President Donald Trump.
Diesel Rises 1.6¢, Reaches Nine-Month High of $2.635 a Gallon
The U.S. average retail price of diesel rose 1.6 cents to $2.635 a gallon and notched a new nine-month high after first reaching that peak a week earlier, the Energy Information Administration reported Dec. 28. The average price of diesel was $2.659 on March 23.
Oil’s Brief Rally Fades With Supply Risks Countering Stimulus
A brief rally in crude oil deflated Dec. 28 as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OPEC+.
Nuro Acquires Ike, Gets Approval for Autonomous Deliveries in California
Robotics company Nuro announced Dec. 23 that it has acquired Ike Robotics Inc., which builds automated trucking technology.
COVID-19 Relief Package Includes $10 Billion for Highway Infrastructure
President Donald Trump on Dec. 27 signed a COVID-19 relief package that allots $10 billion for highway infrastructure programs.
House Set to Vote on $2,000 Stimulus Checks Trump Demanded
The House is set to vote Dec. 28 to replace the $600 stimulus payments in the newly enacted pandemic relief law with the $2,000 President Donald Trump demanded — a Democratic-led effort that is politically fraught for congressional Republicans and unlikely to become law.
Drone Use in US to Get Boost in New Security Rules
Commercial U.S. drone flights are set to receive a huge boost as soon as the week starting Dec. 28 with requirements that most of the devices must transmit a radio beacon with a digital license plate.