Orders placed with factories for business equipment barely rose in January after falling the prior month, suggesting firms are restraining their investment amid an uncertain outlook.
February 27, 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.
Factory Orders Tick Up in January
Norfolk Southern Urges Shareholders to Reject Takeover Plan
OMAHA, Neb. — Norfolk Southern wants its shareholders to back its current management team and strategy and reject a bid from a group of investors seeking to take control of the railroad.
February 27, 2024National Average Diesel Price Falls 5.1¢ to $4.058 a Gallon
The national average for a gallon of diesel fell by 5.1 cents the week ending Feb. 26, the largest drop this year, according to data released by the Energy Information Administration.
February 26, 2024House Launches AI Task Force
To assist policy panels with an in-depth understanding of artificial intelligence technology, House leaders recently created a bipartisan task force.
February 26, 2024FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal
The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.
February 26, 2024Equity Guides Initiatives at USDOT
Capitol Agenda: The Biden administration is pursuing equity strategies as part of the Infrastructure Investment and Jobs Act’s labyrinthine implementation.
February 26, 2024Port of Baltimore Hit Cargo Record Last Year
The Port of Baltimore hit records for handling cargo last year, state officials said, showing a rebound from global supply chain difficulties and disruptions during the pandemic.
February 26, 2024Shortage of Oil Tankers at Hand
Warnings from the oil tanker industry that too few of the ships are being built are haunting the market after Houthi attacks on shipping caused widespread diversions in petroleum trades.
February 26, 2024Wisconsin, Indiana Pass Bills Targeting Lawsuit Abuse
Wisconsin and Indiana have passed reform legislation that targets lawsuit abuse against the trucking industry.
February 23, 2024California’s Inland Empire Warehousing Industry Declining
Southern California's Inland Empire is facing a steep downturn in employment and growth in its once-booming warehousing and logistics industry, brought on by unstable market conditions.
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