VMT Tax for Trucks Presents Revenue Option for Highway Account, CBO Reports
About $2.6 billion in revenue would have been generated in 2017 if commercial trucks were taxed at a rate of 1 cent per mile, and compliance reached a rate of 90%, according to a recent report by the Congressional Budget Office.
November 4, 2019Government Shutdown Could Blur Economic Picture for Traders, Fed
The Federal Reserve is keeping a close eye on economic data as it “assesses the appropriate path” for monetary policy, but the central bank and traders in financial markets may find their vision blurred if Washington gridlock spurs yet another government shutdown later this month.
November 4, 2019Seattle DOT Launches Public Version of Roadwork Planning App
The Seattle Department of Transportation has launched a public version of dotMaps, its online tool to help travelers stay informed about construction projects and plan their routes.
November 4, 2019Kellyanne Conway: Infrastructure Policy Advocate
Infrastructure policy has been receiving a touch of buzz during the impeachment saga thanks in part to the counselor to the president, Kellyanne Conway. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
November 4, 2019Oil Near Six-Week High as US-China Trade Deal Hopes Increase
Oil held its biggest gain in almost seven weeks after improved U.S. and Chinese economic data aided the demand outlook, while optimism increased that the U.S. and China will resolve their trade dispute.
November 4, 2019Perspective: What AB 5 Means for California Trucking
California’s recent passage of a law that will limit when and how a business can contract with an owner-operator for trucking services is causing concern.
November 4, 2019Washington Supreme Court Finds State Not at Fault for Skagit River Bridge Collapse
The Supreme Court of Washington has determined the Washington Department of Transportation cannot be held at fault for an interstate bridge collapse that occurred in 2013.
November 1, 2019US, China See Progress on Trade
The U.S. and China signaled progress in the first phase of a potential trade deal Nov. 1 after a call between top negotiators.
November 1, 2019Democrats Neglecting Infrastructure in Favor of Impeachment, Barrasso Says
As Congressional Democrats pursue an impeachment agenda, they are neglecting certain infrastructure concerns, the U.S. Senate’s top surface transportation policymaker says.
November 1, 2019Construction Spending Rises 0.5% in September
WASHINGTON — U.S. construction spending rose 0.5% in September, boosted by government and private residential projects.
November 1, 2019