The FTC plans to delay its decision whether to block Chevron.’s $53 billion takeover of Hess until after an arbitration case with Exxon Mobil is settled, Bloomberg reports.
July 11, 2024Transportation Compliance 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.
FTC Delays Chevron-Hess Decision to After Exxon Arbitration
Federal Maritime Commission Reopens Port Chassis Probe
The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.
July 11, 2024House Fiscal 2025 Bill Allocates $200 Million for Truck Parking
WASHINGTON — A fiscal 2025 House committee-approved transportation funding bill would dedicate $200 million for expanding parking availability for the nation’s truck drivers.
July 11, 2024Divided Final Report Issued on Side Underride Protection
Two trucking industry trade groups are criticizing a report issued by members of a specially appointed federal committee on trailer side underride protection as lacking in true consensus.
July 11, 2024Global Oil Demand Growth Slows Further as China Cools
Global oil demand growth slowed to its weakest in more than a year last quarter as the post-pandemic rebound in China fades, the International Energy Agency said.
July 11, 2024Volvo, Cummins, ZF Win Electric Truck Manufacturing Grants
The Biden administration is set to award Volvo Group, Accelera by Cummins and ZF North America a combined $441 million in grants to upgrade manufacturing facilities.
July 11, 2024Vitol, SK Settle California Fuel Rigging Probe for $50M
California Attorney General Rob Bonta said the state reached a settlement with Vitol and SK Energy Americas after it alleged the firms acted together to manipulate local gasoline markets.
July 10, 2024Senate Republicans Push Back on Overtime Rule
Efforts to chip away at acting Secretary Julie Su’s agenda at the Department of Labor remain a priority for congressional Republicans.
July 10, 2024Construction Begins on Truck Battery Cell Manufacturing Plant
Construction of Amplify Cell Technologies’ battery cell manufacturing plant in Marshall County, Miss., has begun, the joint venture among Accelera, Daimler Trucks and Paccar said.
July 10, 2024Secretary Pete Buttigieg Promotes Truck Parking
WASHINGTON — Following a hearing with House lawmakers, Secretary Pete Buttigieg said enhancing parking availability for commercial vehicles remains central to his department’s agenda.
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