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.
Two Tolling Plans for Connecticut Debated at Hearing
Connecticut lawmakers spent 11 hours peppering transportation officials with questions and listening to public input on Gov. Ned Lamont’s proposal for electronic tolls at a hearing March 6.
Truckers Help Fight Hunger in Indiana With Food Drop Program
Truckers moving through Indiana are combating hunger across the state through a program that allows them to donate loads of food that have been rejected by stores.
How a US-China Deal Might Reshape Global Trade
President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?
March 7, 2019Asia Remained Top US Oil Buyer in 2018 Despite China Trade Row
Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war.
Productivity Gains Exceed Forecasts Even as Output Cools
Productivity gains in the U.S. last quarter exceeded forecasts though were little changed from the prior reading as output and hours worked both cooled, with efficiency improvements surpassing the recent average for a third period.
Congress Signals Potential for Infrastructure Bill as Stakeholders Call for Sustainable Funding
WASHINGTON — Leadership from groups representing key sectors of the freight industry on March 6 urged the powerful tax-writing committee in the U.S. House of Representatives to approve a long-term funding system for the country’s network of freight and commuter corridors.
Companies Added 183,000 Workers in February
Companies added fewer workers to U.S. payrolls in February after a burst of hiring in the prior month that was stronger than previously reported, signaling that the labor market continues to underpin what may become the longest economic expansion on record this year.
Tesla Probably Can’t Make Money in China, Morgan Stanley Says
Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value.
Trade Gap of $621 Billion in 2018 Marked Highest in Decade
The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports.
Legal Status for Transport of Hemp Remains Confusing
The 9th U.S. Circuit Court of Appeals has agreed to hear a legal challenge to the arrest of an Oregon truck driver and seizure of a 6,700-pound load of hemp being transported through Idaho.