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.
Eno Center President: States ‘Not Waiting for Washington to Act’ on Infrastructure
States will continue to adopt funding programs meant to pay for big-ticket infrastructure projects amid federal inaction on a long-term plan, the chief of the Eno Center for Transportation said Jan. 27.
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Canadian Pacific's Wallace Takes Leave, Could Join Harrison Atop CSX
Mark Wallace, chief of staff at Canadian Pacific Railway Ltd., was put on a paid leave of absence on Jan. 27, prompting more speculation that Wallace and outgoing CEO Hunter Harrison will attempt to take over the reins at rival railroad CSX Corp. through private investor Paul Hilal of Mantle Ridge.
January 27, 2017Ontario International Airport Courts Chinese Versions of FedEx, UPS
Top executives at Ontario International Airport on Jan. 26 outlined their efforts to attract major Chinese courier companies to use ONT as the major gateway and hub to the U.S. and Latin American marketplaces, similar to UPS Inc. and FedEx Corp.’s domestic e-commerce operations with Amazon.
US Economic Growth Cools on Biggest Trade Drag Since 2010
U.S. economic growth slowed last quarter more than forecast on the biggest drag from trade in six years and more moderate consumer spending. However, business investment picked up, which may be a harbinger for faster expansion in 2017.
Consumer Sentiment Increased in January to 13-Year High
Consumer confidence rose in January to a 13-year high, reflecting ongoing optimism about post-election fiscal policies and their impact on economic growth.
To Toll or Not to Toll Is Question for Trump Infrastructure Plan
The Brent Spence Bridge between Ohio and Kentucky carries twice as much traffic as it was built to handle — it’s 54 years old and functionally obsolete.
Funded Miami Interstate Project Makes Trump’s Infrastructure List
A preliminary list of 50 public construction projects that the Trump administration is considering including in a promised initiative to renew the country’s deteriorating infrastructure has just one Florida project on it, but that job — the rebuilding of Interstate 395 in downtown Miami — is already budgeted and moving rapidly forward.
Former Transportation Chief James Burnley Foresees Funding to Dominate Early DOT Agenda
WASHINGTON — Crafting a meaningful funding proposal for the network of roads, pipelines and freight corridors is likely to consume the first few weeks of Elaine Chao’s tenure as secretary of transportation, former Secretary James Burnley said Jan. 26.
Critical Wisconsin DOT Audit Finds Highway Project Costs Underestimated by $3 Billion
A new state audit says the Wisconsin Department of Transportation dramatically underestimated the cost of major highway projects by failing to account for inflation, with costs on 16 major projects ballooning by more than $3 billion since lawmakers approved them.
Virginia Port Board Rewards CEO John Reinhart For Banner Year
He hit it out of the park. That was the gist of the Virginia Port Authority board’s assessment of how well Executive Director and CEO John Reinhart did last year.