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.
Operational Cost of Trucking Down 9.3%, ATRI Finds
Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.
COVID-19 Aid, Government Funding Lead Lame-Duck Agenda
Members of Congress return to Capitol Hill after Thanksgiving to close out a post-election lame-duck session that will include government funding legislation and the possibility of a new round of COVID-19 relief aid.
Oil Jumps Past $45, Dow Eclipses 30,000
Oil reclaimed heights not seen since the pandemic shocked markets in the spring, with the start of the U.S. presidential transition and improved vaccine prospects infusing optimism across markets.
North Dakota Tops Reason Foundation’s Annual Highway Report
North Dakota has the best state-owned road system in the country, according to Reason Foundation’s recently released Annual Highway Report.
Economic Outlook Bright for Holidays
Goods are pouring into ports, being delivered by trucks to warehouses and e-commerce locations, and retailers are restocking their shelves as the holiday shopping season gets into full swing. It’s also a major reason why trucking continues to outperform the overall U.S. economy.
US Consumer Confidence Falls as Virus Surge Dampens Expectations
U.S. consumer confidence fell in November to a three-month low as the coronavirus resurgence prompted a slide in Americans’ expectations for the economy and job market.
NTTC, ATA Seek Approval of Electronic Documents for Hazmat Shipments
National Tank Truck Carriers and American Trucking Associations have petitioned federal hazardous materials regulators to “without delay” develop a rulemaking that would allow motor carriers to use and accept electronic shipping papers and certifications for hazmat shipments.
Diesel Rises 2.1¢ to $2.462 a Gallon
The nationwide average price of diesel fuel increased 2.1 cents per gallon, according to U.S. Energy Information Administration.
Railroads Approaching Positive Train Control Full Implementation, FRA Says
The automatic braking system Congress is mandating for the country’s railroads is almost implemented on the route miles required by law, according to federal regulators’ most recent update.
GM Pulls Support From Trump’s Battle With California on Emissions
General Motors Co. will withdraw from the legal battle between the Trump administration and California officials over the state’s authority to set automobile emissions rules, a major shift in the contentious fight that has fractured the industry.