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.
Fed Survey Finds Tariffs Pushing Up Prices, Pinching Profits
A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs were hitting their bottom line.
Economic Concerns Send US Consumer Mood to Seven-Month Low
U.S. consumer sentiment plummeted to a seven-month low in August on growing concerns about the economy even as the labor market shows few signs of weakening from robust levels.
Deere Cuts Outlook for the Year Due to Flooding, Trade War
Deere & Co. cut its profit expectations for the year as beleaguered farmers and an escalating trade war with China cut into sales.
Home Construction Fell 4% in July
WASHINGTON — U.S. housing starts fell 4% in July, driven by a decline in the construction of apartment buildings.
One-on-One With FMCSA's Ray Martinez
FMCSA Administrator Ray Martinez chats one-on-one with TT's Eleanor Lamb on the heels of the agency's release of proposed rule changes to hours of service.
August 15, 2019Colorado Revs Toward an Electric Car Future
Faced with more people driving Colorado’s increasingly clogged roads and fouling air that’s flunking federal standards, state health officials this week embraced an alternative vision — that hundreds of thousands of drivers soon, if given options, will shift to zippier electric vehicles that don’t pollute and roll 300 miles on a charge.
Iran Oil Tanker Released by Gibraltar as US Eyes Detention
Iran is racing to return an oil supertanker to international waters after a Gibraltar court determined it couldn’t wait for the United States to take action that would prolong the six-week detention of the vessel for allegedly violating trade sanctions.
FMCSA’s Ray Martinez Discusses HOS, Engagement, Training
PITTSBURGH — Federal Motor Carrier Safety Administration chief Ray Martinez encouraged members of the trucking industry to provide honest and detailed comments on the recently released notice of proposed rulemaking on hours-of-service regulations.
Senators Tout VMT Absent Fix for Highway Trust Fund
A $287 billion highway bill the Senate Environment and Public Works Committee easily advanced last month is notable for several big-picture proposals.
China Signals US Tariff Delay Not Enough to Stop Retaliation
China called planned U.S. tariffs on an additional $300 billion in Chinese goods a violation of accords reached by Presidents Donald Trump and Xi Jinping, signaling an American move earlier this week to delay some of those levies was not enough to stave off retaliation.
August 15, 2019