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.
Exxon Confident Its Intent With Guyana Contract Will Prevail
Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago will prevail in a landmark arbitration case against Chevron Corp.
Congress Approves $1.2 Trillion Package of Spending Bills
WASHINGTON — Congress approved a $1.2 trillion package of spending bills early on March 23 just a few hours after funding for some key federal agencies was set to expire.
GOP Lawmaker Calls for Contractor Rule Suspension
Rep. Kevin Kiley is among a contingent of lawmakers advancing a congressional maneuver that would pause enforcement of a federal employee classification rule that affects truck drivers.
Fla. Bill Tackling Predatory Towing Moves to Governor’s Desk
A proposed law with sweeping changes to curb predatory towing practices in Florida has moved from the state Legislature to Gov. Ron DeSantis' desk.
Port Leaders at Legislative Summit Want Permitting Reform
WASHINGTON — U.S. port leaders say the permitting and government review process to get projects approved needs to be improved.
Manufacturing Activity Expands by Most Since June 2022
U.S. manufacturing activity expanded by the most since mid-2022 as production and factory employment growth accelerated along with measures of inflation.
Unemployment Applications Dip to 210,000
WASHINGTON — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy job security.
Senators Introduce TSA Clearance Bill
Legislation meant to expedite commercial drivers’ applications for security credentials was recently introduced by a bipartisan group of senators.
Fed Holds Fast on Interest Rate, Still Sees 3 Cuts in 2024
WASHINGTON — Federal Reserve officials kept their benchmark interest rate unchanged but signaled March 20 that they still expect to cut their key interest rate three times in 2024.
EPA Tweaks Emissions Rules Proposed for Cars, Light Trucks
The Biden administration on March 20 announced new emissions standards for automobiles and light- and medium-duty pickup trucks.