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.
Pioneering Tanker Driver's Passing Mourned by Alaska Trucking Community
Joy Wiebe, a Dalton Highway veteran said to be the only woman driving fuel tankers to Alaska’s Prudhoe Bay oil fields, died in a rollover crash early on Aug. 24.
Investors Keep Flocking to US Infrastructure, Even Without a Trump Plan
IFM Investors has raised almost $500 million for its first debt fund dedicated to U.S. infrastructure even as the Trump administration has yet to move ahead with its own infrastructure plan.
Maersk Sees Fuel Bill Soaring by $2 Billion From 2020 Rules
A.P. Moller-Maersk, the world’s largest container shipping line, said adhering to stricter environmental standards could add at least $2 billion to its annual fuel bill from 2020.
Canada Aims for NAFTA Deal This Week, but ‘Huge’ Work Remains
Canadian Prime Minister Justin Trudeau said his government is trying to reach agreement this week with the United States to update the North American Free Trade Agreement, but it won’t sacrifice its goal of getting the “right deal.”
August 29, 2018US Pending Home Sales Fall in July Amid 'Overheated' Markets
An index measuring contracts to buy previously owned U.S. homes unexpectedly declined in July, signaling that buyers are balking at higher prices and a lack of choices in some regions, according to data released Aug. 29 from the National Association of Realtors in Washington.
US Economy Grew at Brisk 4.2% Annual Rate Last Quarter
WASHINGTON — The U.S. economy grew at a strong 4.2% annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest gain in more than a decade. Strength in business investment offset slightly slower consumer spending.
ATRI Study Highlights Benefits of HOS Flexibility
Flexible hours-of-service breaks have the potential to benefit the drivers of sleeper berth trucks, according to a new analysis released by the American Transportation Research Institute on Aug. 28.
New Rule Gives Small Railroads Option to Use Automated HOS Record Keeping
The Federal Railroad Administration has issued a final rule to allow small railroads and their contractors to comply with employee federal hours-of-service record-keeping regulations using automated systems rather than paper records.
Consumer Confidence Rises to Highest in Almost 18 Years
Consumer confidence unexpectedly rose in August to the highest level since October 2000, according to a report Aug. 28 from the New York-based Conference Board, on improved assessments of the economy and the outlook.
August 28, 2018Trump in No Hurry to Resume Tariff Talks With China
The Trump administration is putting trade negotiations with China on the back burner while focusing first on resolving issues in the North American hemisphere, reaching a breakthrough agreement between the United States and Mexico.
August 28, 2018