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.
US DOT Revamps Infrastructure Grants
State transportation authorities that sought funding for freight infrastructure grants will need to reapply for the federal funding availability, the U.S. Department of Transportation announced June 29.
Consumers Sour on Outlook While Happy With Their Finances
The weakest U.S. consumer expectations since the election indicate growing concern about prospects for President Donald Trump’s agenda, though Americans’ high satisfaction with their finances should support continued spending, University of Michigan survey data showed June 30.
June 30, 2017Union Pacific CEO Sees Growth With Mexico, Trump Rhetoric Aside
Union Pacific Corp. sees Mexico trade as a bright spot for its rail freight growth despite tough trade talk from President Donald Trump, CEO Lance Fritz said.
FMCSA Accepts, Will Act on CSA Recommendations, Agency’s Chief Counsel Says
The top attorney for the Federal Motor Carrier Safety Administration said the agency is moving forward with plans in support of recommendations by a panel of elite academics for a new approach to measuring motor carrier safety scores.
Group Devises Recommendations to Protect Consumers Against Mover Fraud
A federally appointed working group on household goods tackled recommendations for the Federal Motor Carrier Safety Administration that aim to better inform consumers of moving fraud and streamline paperwork for brokerage and moving companies.
Record Number of Motorists Expected on Roads on July 4 Holiday
The number of Americans traveling by car for the Fourth of July holiday will hit a record high this year, fueled by a growing economy and relatively low gasoline prices, the nation’s largest motorists’ advocacy group said June 29.
Senate Committee Adopts Meal, Rest Break Provision
A pre-emption provision meant to ensure nationwide uniformity of meal and rest break standards for motor carriers was attached to an aviation reauthorization bill a Senate panel approved June 29.
US First-Quarter Growth Revised Up to 1.4% on Consumption
The U.S. economy’s first-quarter growth was less tepid than previously reported, as consumer spending and trade added more to expansion.
Jobless Claims Tick Up as Labor Market Remains Tight
The U.S. labor market still is signaling progress even with an increase in filings for unemployment benefits the week of June 19.
June 29, 2017Narrower Trade Gap May Boost Growth Pace in Second Quarter
The narrower U.S. merchandise trade deficit and increases in inventories may boost analysts’ tracking estimates of economic growth this quarter.