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.
Editorial: Glad Tidings Abound for Trucking
Trucking industry shareholders will remember 2018 fondly. The prospects for next year are pretty bright, too.
December 20, 2018Trade Talks With US Planned for January, China Says
BEIJING — China’s government said Dec. 27 it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade.
December 20, 2018Funding Negotiations Persist as Congress Looks to Avoid Partial Shutdown
With just days to go before Christmas, funding for the U.S. Department of Transportation and other agencies remained uncertain as President Donald Trump continued to push for robust funding for a wall along the border he said Mexico would pay for.
Fired Truck Driver Sues Cannabidiol Company After Using Product
While 33 states allow the use of medical marijuana and 10 states permit possession and recreational use of pot, for truck drivers there is but one law: Don’t use it. Period.
Although Jobless Claims Rise, Labor Market Still Solid
Filings for U.S. unemployment benefits rose for the first time in three weeks while remaining near levels that reflect a tight labor market.
Record Number of Travelers Predicted for Roads, Rails, Airports, AAA Says
Expect record-breaking crowds this holiday season on the nation’s roads, rails and runways, as about one-third of Americans will be on the move.
Outgoing House Speaker Paul Ryan Fails to Mention Infrastructure Policy in Farewell Address
In a farewell address Dec. 19 to the nation that highlighted ongoing concerns over immigration and celebrated the passage of legislation about tax and energy policies, the outgoing Republican leader of the House of Representatives did not mention transportation-centric bills that had advanced during his tenure.
Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two
The Federal Reserve raised borrowing costs for the fourth time this year Dec. 19, ignoring a stock market sell-off and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.
December 19, 2018China Buys More US Soybeans as Agriculture Trade Woes Ease
China, the world’s largest consumer of soybeans, bought American-grown oilseed for a second week after largely shunning U.S. supplies earlier this year in a trade war between the countries.
Existing Home Sales Rise for Second Month
Sales of previously owned U.S. homes rose for a second straight month and exceeded forecasts in November, suggesting consumer demand is picking up as price gains moderate amid more generous inventories.