The global diesel market is deteriorating, a concerning economic signal and food for thought for bullish oil traders.
April 18, 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.
A Weakening Diesel Market Is Becoming a Problem for Oil
Report: Drug Clearinghouse Creates Advantages, Challenges for Industry
On Nov. 18, the Federal Motor Carrier Safety Administration will start notifying state licensing agencies when a driver licensed in a state is newly prohibited in the Drug & Alcohol Clearinghouse.
April 18, 2024Philadelphia Judge Rejects $25M Jury Verdict in Truck Crash
A state judge of the Philadelphia Court of Common Pleas in March erased a “clearly inappropriate” $25 million jury verdict for punitive damages in a 2019 truck-involved accident lawsuit.
April 18, 2024US to Provide $6.1 Billion for Micron Technology Chip Plants
WASHINGTON — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips.
April 18, 2024Firms Fret Over Any Lengthy Baltimore Port Closure
The closure of the Port of Baltimore has so far not led to broad price increases, though firms are concerned about any extended shutdown, according to a Federal Reserve report.
April 18, 2024US Reimposes Oil Sanctions on Venezuela
MIAMI — The Biden administration on April 17 reimposed crushing oil sanctions on Venezuela.
April 18, 2024NYC Congestion Plan Adds Money to Offset N.J. Harm, MTA Says
New York City’s congestion pricing plan will now include funds to help alleviate potential pollution issues the new tolling program may spark in New Jersey.
April 17, 2024Virginia Touts Robust Economic Growth in Richmond Region
Virginia state and Henrico County officials touted a series of grand openings, including an Amazon robotics fulfillment center and a Coca-Cola Consolidated distribution facility.
April 17, 2024House GOP to Prioritize Infrastructure in Funding Bills
The transportation funding subcommittee in the U.S. House will promote connectivity projects while focusing on taxpayers, its new leadership said this month.
April 17, 2024House Transportation Committee Reviews AI Applications
WASHINGTON — The House transportation panel recently received an overview from stakeholders about artificial intelligence’s role within connectivity corridors.
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