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.
FreightRover Gets Backing to Launch Freight Payment Service
FreightRover, a company launched a year ago by a former top executive at Celadon Group to provide technology to automate vendor payments, has secured a financing facility of up to $500 million from Crayhill Capital Management and other investors to support a new business that will offer trade finance and freight factoring services.
Housing Starts Sank 5.3% in September
WASHINGTON — U.S. home construction fell 5.3% in September, a sign that recent hurricanes and rising mortgage rates may be weighing on the market.
Trump Plans Exit From Postal Treaty as Measure Against China
President Donald Trump plans to withdraw the United States from a 192-nation treaty that gives Chinese companies discounted shipping rates for small packages sent to American consumers, another escalation of his economic confrontation of Beijing.
Stakeholder Comments to FMCSA Favor HOS Flexibility
A sample of last-minute written comments by trucking-related trade organizations mostly were supportive of tweaking federal hours-of-service rules to make them more flexible for commercial vehicle drivers.
Managing Risk in Trucking
As the Federal Motor Carrier Safety Administration considers revamping its Compliance, Safety, Accountability scoring system, how are fleets managing their risk exposure and their insurance costs? Our Oct. 17 LiveOnWeb program tackles that issue.
October 17, 2018Colorado Voters Could Play Role in Determining State’s Oil Output
On Nov. 6, voters may spoil BP’s welcome. That’s when it will be decided whether to limit drilling in an initiative that some say could cut the state’s oil output by more than half. The vote is being closely watched, not only by companies keen to join the Colorado boom but also by outsiders who see a potential blueprint for blocking development.
October 17, 2018Like Motor Carriers, Truck Insurers Await Changes to Federal CSA Program
With potentially big changes coming to the federal Compliance, Safety, Accountability program, insurance companies are hoping for a better way to identify unsafe motor carriers in an environment where insurers may be paying out much higher claims under the current system while some carriers are battling skyrocketing premiums.
Employers Post Record Number of Open Jobs in August
WASHINGTON — U.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up amid solid economic growth.
Colorado at the Crossroads
Colorado’s means of getting around are in great need of attention, partisans on every side agree. But the various solutions and competing ways of paying for transportation improvements offered by candidates and ballot measures are a different political matter entirely.
September Manufacturing Production Rises on Broad Demand
Factory production expanded in September for a fourth consecutive month on broad-based demand as the sector accelerated in the third quarter, Federal Reserve data showed Oct. 16.