Transportation Compliance News

Canadian Prime Minister Mark Carney defended his decision to give the U.S. a share of the profit from a new bridge between Ontario and Michigan.

This is the second interagency enforcement partnership; recently, DOT partnered with DHS Border Patrol agents to enforce federal cabotage laws.

Chevron expects to sign accords with Iraq on July 17 to advance negotiations about investing in large oil fields and a pipeline to bypass the Strait of Hormuz. 

Treasury is teaching institutions how to identify suspicious transactions by U.S. freight and logistics firms potentially tied to drug cartel-backed fuel sales to Mexico.

The price for a barrel of Brent crude dips 0.7% to $84.34 and is near a one-month high.

The  “3-2-1 crack spread” rose as high as $70 a barrel on July 16, the highest level on record. 

Trade attorneys and analysts are confident the administration will beat the clock and swap out Section 122 tariffs with bigger Section 301 tariffs by the deadline.

J.B. Hunt executives highlighted how heightened DOT enforcement has accelerated market changes while reporting the company’s second-quarter financial results.

Officials aim to finalize the new requirements before the end of President Donald Trump’s current term, said Jonathan Morrison, NHTSA's top official.

The tariffs, which were first proposed last month, will take effect July 22. The order exempts some some oil and gas energy products.