President Obama on July 17 signed an initiative aimed at helping state agencies connect with private-sector investors to upgrade the country’s aging transportation infrastructure.
July 18, 2014GovernmentBusiness
Economy Expands Modestly; Demand for Trucking Rises, Fed Says
The economy continued to expand moderately from late May to early July in most of the country with broad-based demand for trucking and rail services rising, the Federal Reserve said.
July 16, 2014GovernmentBusiness
Federal Officials Tell Freight Committee About Policy Plans
In a reversal of roles, private citizens went to Capitol Hill to hear testimony from senators, representatives, executive branch officials and staff aides on freight transportation policy.
July 16, 2014GovernmentBusiness
House Passes Legislation to Boost Highway Trust Fund
Despite opposition from leading Democrats and conservative Republicans, the GOP-led House on July 15 passed legislation that would shore up a federal highway account through May by a vote of 367-55.
July 15, 2014Government
Senate Panel Approves Top DOT Nominees
The Senate Commerce, Science, and Transportation on July 15 easily approved the nominations of two Transportation Department officials for senior positions.
July 15, 2014GovernmentBusiness
NTSB Approves Safety Regulations at I-5 Bridge Hearing
The National Transportation Safety Board on July 15 said poor preparation on the part of a trucking company, a distracted pilot escort driver, and a weak permitting process by Washington transportation officials resulted in last year’s collapse of the Interstate 5 bridge.
July 15, 2014GovernmentBusinessSafety
FMCSA Unveils New Hazardous Material Route Registry
The Federal Motor Carrier Safety Administration on July 14 unveiled an updated list of routes truckers are not allowed to use for carrying hazardous materials.
July 15, 2014GovernmentBusiness
DOT Secretary Foxx Pushes for Long-Term Highway Funding
Transportation Secretary Anthony Foxx will continue to advocate for long-term funding to pay for highway construction projects during an appearance at the National Press Club today at 1 p.m. EDT.
July 15, 2014BusinessGovernment
Business Inventories Rise in May
Business inventories rose 0.5% in May, and sales increased 0.4%, the Commerce Department reported July 15.
July 15, 2014GovernmentBusiness
Rules Committee Paves Way For Trust Fund Bill On House Floor
The House Rules Committee adopted a closed rule process on July 14 for a bill that would fund a cash-strapped Highway Trust Fund through May.
July 14, 2014