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.
Capitol Agenda for the Week of Oct. 1: T&I Chairmanship and the Elephants in the Room
The two Republicans vying for the chairmanship of the transportation panel in the House say they will make it a priority to craft legislation aimed at rebuilding the country’s roads and bridges. Here's a look at the week ahead for trucking on Capitol Hill.
Trump Clinches Rebranded NAFTA as Canada Joins Pact With Mexico
U.S. President Donald Trump is set to sign a successor to the North American Free Trade Agreement that will revise a deal he once called a “disaster,” easing uncertainty for companies reliant on tariff-free commerce.
October 1, 2018Commodities Market Absorbs Another Quarterly Loss
Commodities just posted the longest losing streak in more than three years, and analysts and investors are giving conflicting signals over whether the worst is over.
Tesla’s Elon Musk Out as Chairman, Stays as CEO in SEC Settlement
Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.
Trump Signs Spending Plan, Avoids Government Shutdown
WASHINGTON — President Donald Trump signed an $854 billion spending bill Sept. 28 to keep the federal government open through Dec. 7, averting a government shutdown in the weeks leading up to November’s pivotal midterm elections.
US Stocks See Best Quarterly Gain in Five Years
U.S. stocks ended virtually unchanged to cap the best quarterly advance in five years.
Senate Commerce Committee to Review Positive Train Controls Oct. 3
A U.S. Senate panel on Oct. 3 will review the progress of railroads’ implementation of automatic braking technology.
Oil Industry Money Pours Into Fight Over Washington Carbon Fee
A campaign bankrolled by the oil industry has raised $20.46 million to defeat a carbon-pollution fee on the ballot in Washington state aiming at tackling climate change.
Consumer Spending Up 0.3% in August
U.S. consumer spending edged up a moderate 0.3% in August, the smallest gain in six months, as sales of cars and other durable goods fell.
Tesla Tumbles Most Since 2015 on Worry About a Musk-Free Future
It is nearly impossible to imagine Tesla Inc. without Elon Musk, its chairman, CEO, largest shareholder and public face. But a U.S. Securities and Exchange Commission lawsuit has raised questions about the executive’s future at the clean-energy company, sending shares spiraling.