Government

About Government News...

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.

Government, Business, For-Hire

Five Auto Haulers to Merge as Backer Files for IPO

Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.

Keiron Greenhalgh | Staff Reporter
April 17, 2024

TT Podcasts: RoadSigns

Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.

Government, Business, Fuel

US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly

President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela if Nicolas Maduro’s regime does not take steps to honor an agreement to allow a fairer vote in elections.

April 17, 2024
Government, Business

Fed’s Powell: Elevated Inflation Will Likely Delay Rate Cuts

WASHINGTON — Federal Reserve Chair Jerome Powell cautioned April 16 that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year.

Christopher Rugaber | Associated Press
April 16, 2024
Government, Technology, Equipment, Autonomous

Kentucky Lawmakers Override Veto, OK Fully Autonomous Vehicles

Kentucky has legally paved the way for autonomous vehicles on its roadways with the legislators gathering enough support April 12 to override Gov. Andy Beshear’s veto.

Noël Fletcher | Staff Reporter
April 16, 2024
Government, Business, Technology, Logistics

Ohio Turnpike Completes Open-Road Tolling Project

A new tolling system featuring open-road tolling lanes is complete along the 241-mile stretch of the Ohio Turnpike, signaling the end of its largest construction project in its history.

Noël Fletcher | Staff Reporter
April 16, 2024
Government, Business, Equipment, Safety, Logistics

Crews Race to Remove Chunks of Fallen Baltimore Bridge

SPARROWS POINT, Md. — Crews are using the largest crane on the Eastern Seaboard to haul the wreckage from Baltimore’s Francis Scott Key Bridge collapse to a nearby salvage yard.

Lea Skene | Associated Press
April 16, 2024
Government, Business, Fuel

Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

Lucia Kassai | Bloomberg News
April 15, 2024
Government, Fuel

Diesel Price Drops 4.6¢ but Remains Above $4

The national average diesel price slid 4.6 cents to $4.015 a gallon, according to Energy Information Administration data released April 15. Diesel was last below $4 a gallon April 1.

April 15, 2024
Government, Business

Update: Biden Pledges Federal Funds for Baltimore Bridge Rehabilitation

Congressional transportation leaders are expressing support for approving emergency assistance to rebuild a bridge and adjoining infrastructure after the recent collapse at the Port of Baltimore.

April 15, 2024
Government, Business, Safety

Drug Clearinghouse Creates Advantages, Challenges for Industry

Although FMCSA's efforts to streamline the driver verification process are helping fleets reduce risk via the Drug & Alcohol Clearinghouse, it's also reduced the pool of qualified drivers.

Mindy Long | Special to Transport Topics
April 15, 2024