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.
Stock Futures Tumble Despite Fed Interest Rate Cut to Near Zero
U.S. stock futures tumbled, wiping out half of the furious last-hour rally March 13 and tripping exchange trading curbs, as investors worried that emergency measures by the Federal Reserve will fall short of cushioning the coronavirus’ blows to the economy.
March 15, 2020Economists Eye Possible Recession Caused by Coronavirus
Economists and other experts who watch the U.S. economy on a minute-by-minute basis are now suggesting, some loudly, that the nation is lurching towards a recession, as the coronavirus damages the economy.
Trump Orders US to Stock Up Oil Reserve After Price Crash
President Donald Trump ordered U.S. energy officials to purchase “large amounts” of oil to fill up the nation’s emergency reserve after the biggest price crash in a generation.
March 14, 2020US Will Extend Virus Travel Restrictions to UK, Ireland
President Donald Trump announced March 14 that the United States will broaden its European travel ban, adding Britain and Ireland to its list, and was considering imposing restrictions on travel within the U.S. to areas hit hard by the coronavirus spread
March 14, 2020House Passes Coronavirus Plan With Two-Week Paid Sick Leave, Free Testing
The United States House of Representatives passed a legislative package meant to provide relief to people who need assistance during the coronavirus outbreak.
USMCA Moves Closer to Implementation as Canada Gives Its OK
The U.S.-Mexico-Canada Trade Agreement has moved one step closer to being ratified by all three nations.
FMCSA Issues HOS Relief for Coronavirus Assistance
The Federal Motor Carrier Safety Administration has relaxed certain hours-of-service regulations for motor carriers involved in coronavirus-related relief efforts.
FMCSA Postpones Truck Safety Summit Over Coronavirus
The Federal Motor Carrier Safety Administration is postponing its Truck Safety Summit due to coronavirus-related concerns.
ATA Files for Preliminary Injunction in Rhode Island Truck-Tolls Suit
American Trucking Associations has filed a motion in the U.S. District Court of Rhode Island for a preliminary injunction in the ongoing lawsuit against the state’s trucks-only tolling program.
Trump Declares National Emergency to Speed Virus Response
WASHINGTON — President Donald Trump on March 13 declared the coronavirus pandemic a national emergency, as Washington struggles with providing Americans with relief and officials race to slow the spread of the outbreak.
March 13, 2020