Mergers and acquisitions are off to their fastest start to a year ever in Canada, driven by a combination of cheap financing for buyers, high valuations for sellers and an improving economic outlook that’s encouraging companies to make major moves.
March 31, 2021Transportation 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.
Canada Sees Record First Quarter for M&A
ATA Supports Federal Legislation to Help States Curb Cellphone Use for All Motorists
American Trucking Associations has announced its support for federal legislation aimed at helping states curb distracted driving using cellphones for all motorists, a leading cause of highway accidents and fatalities.
March 31, 2021Georgia Ports Authority OKs $205 Million for Savannah Expansion
The board of the Georgia Ports Authority voted March 29 to spend $205 million to expand the Savannah facility, adding to $100 million authorized several months ago.
March 30, 2021Truck Parking Legislation Introduced in US House
A bill designed to facilitate access to parking around the country for commercial vehicles was recently introduced in the U.S. House of Representatives.
March 30, 2021Infrastructure Plan Could Include $3 Trillion in Tax Increases
President Joe Biden is aiming for summer passage of an infrastructure plan that is expected to cost more than $3 trillion, and the White House hopes to take a more deliberate and collaborative approach with the contentious Congress than it did on the COVID-19 rescue package, officials said.
March 30, 2021Truckers Speak Out at CARB Workshop on Tough Smog Test Proposal
California environmental regulators gave motor carriers a look at a tweaked heavy-duty vehicle smog inspection and maintenance program proposal that will require motor carriers to “smog test” their fleets quarterly, rather than current requirements for an annual inspection.
March 30, 2021US Consumer Confidence Surges to One-Year High on Job Optimism
U.S. consumer confidence rose in March to a one-year high as Americans grew more upbeat about the economy and labor market, a sign that household spending may pick up more broadly in the coming months.
March 30, 2021Port of Baltimore Dredging, Expansion Seen as Boon to Economy
Port of Baltimore officials say with the vast jump in imported cargo and tens of millions of dollars in infrastructure improvements, the sprawling facility on the Chesapeake Bay will see rapid growth the next several years.
March 30, 2021Daimler’s Legal Risks Around Emissions Linger Ahead of Revamp
Daimler AG shares have soared since the pandemic forced the Mercedes-Benz maker to postpone its annual shareholders’ meeting around this time a year ago. Its chairman’s swan song still will hit some low notes.
March 30, 2021Conversation Begins About Who Will Pay for Suez Canal Crisis
The Suez Canal may be open again, but the battle over damages from the waterway’s longest closure in almost half a century is just beginning.
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