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.
Factory Gauge Sinks to Lowest Since 2016 as Exports Drop
U.S. manufacturing activity deteriorated in July to an almost three-year low, dragged down by slower production and shaky export markets that help explain the Federal Reserve’s decision to reduce interest rates July 31.
Keystone XL Pipeline Inches Forward as Order Blocking Work Is Lifted
TC Energy Corp.’s $8 billion Keystone XL crude oil pipeline is inching forward after a court injunction that stopped work on the project was been lifted.
Jobless Claims Rise to 215,000 as Labor Market Holds Up
Filings for U.S. unemployment benefits edged up while remaining at historically low levels, another indication that the labor market remains generally robust.
Trucking Stakeholders Ask Congress to Repeal the 12% Federal Excise Tax on Trucks, Trailers
A group of trucking stakeholders asked Congress to repeal the 12% federal excise tax on the purchase of heavy-duty trucks, tractors and trailers.
China, US Plan Next Round of Trade Talks for September
U.S. and Chinese trade negotiators plan to meet again in early September, as the latest round of negotiations ended with few signs of concrete progress.
July 31, 2019Federal Reserve Cuts Interest Rates for First Time Since 2008
The Federal Reserve reduced interest rates for the first time since the financial crisis in a move that Chairman Jerome Powell said was designed to “ensure against downside risks” rather than signaling the start of a lengthy cycle of monetary policy easing.
July 31, 2019Las Vegas’ $1 Billion Project Neon Ready for Spotlight
Project Neon, the $1 billion upgrade to Interstate 15 in Las Vegas, is finished. The widening and revamp of ramps along a 3.7-mile segment of I-15 was the largest public works effort in the history of Nevada.
FMCSA Proposes Making Crash Preventability Program Permanent
The Federal Motor Carrier Safety Administration on July 31 proposed to make permanent a demonstration program that documents on a driver's or motor carrier’s safety profile instances when a crash could not be prevented.
One Year Out: Nevada’s I-11 Facilitates Through Traffic, Boosts Local Business
One year after its completion, Nevada’s Interstate 11 has become a popular bypass for freight haulers and motorists alike.
Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon
A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.
July 31, 2019