Transportation Compliance News

About Government 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.

GovernmentBusiness

McConnell Expects New Virus Relief Bill by End of Month

Senate Majority Leader Mitch McConnell predicted Congress will pass one final coronavirus rescue package later this month and appealed to everyone in public life to urge people to wear masks to control the spread.

July 6, 2020
GovernmentBusiness

US Stocks Rally, Sending Nasdaq to Record High

U.S. stocks jumped, with tech shares pushing the Nasdaq Composite to a record high. The dollar fell for a fifth day and Treasuries dipped.

July 6, 2020
Government

Sen. Tom Carper Challenges Freight, Transit Committees to Craft Infrastructure Plans

Delaware Sen. Tom Carper, the Environment and Public Works Committee's ranking Democrat, recently reminded fellow senators in the Republican-led chamber about unfinished infrastructure business. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

July 6, 2020
GovernmentBusinessFuel

Oil’s Rally Falters in US With Summer Demand Looking Bleak

U.S. crude futures reversed course with investors concerned that lackluster demand through the summer months will weigh on the market’s recovery.

July 6, 2020
GovernmentBusinessFuelLogistics

Judge Orders Dakota Access Pipeline Shut Down Pending Review

A federal judge on July 6 sided with the Standing Rock Sioux Tribe and ordered the Dakota Access pipeline to shut down until more environmental review is done.

July 6, 2020
GovernmentBusiness

CBO Trims GDP Forecast for 2020, Lifts 2021 Projection

The U.S. economy will see a slightly deeper contraction this year but a bigger rebound in 2021 than previously forecast, according to updated estimates from the Congressional Budget Office.

July 2, 2020
GovernmentBusinessTop 100

YRC Secures Funding Agreements With Lenders, Government

Less-than-truckload carrier YRC Worldwide Inc. has reached an agreement with its lenders that will extend until 2024 the terms of $580 million in loans it is using to help improve its business operations.

July 2, 2020
GovernmentBusiness

House Clears Extension of Small Business Loan Program to August

The House gave final last-minute congressional approval July 1 to extending the popular Paycheck Protection Program for small businesses until Aug. 8, hours after the deadline for applications lapsed with more than $130 billion still available.

July 2, 2020
GovernmentBusinessSafety

Louisiana Passes Legislation Aimed at Significant Tort Reform

Louisiana lawmakers have passed legislation aimed at helping the state’s truckers fight off excessive jury verdicts in court.

July 2, 2020
GovernmentBusinessTechnology

House Infrastructure Bill Will Never Become Law, Rep. Sam Graves Says

A $1.5 trillion infrastructure package advanced by the U.S. House of Representatives on July 1 will never be enacted into law, said the top Republican on the chamber’s transportation panel.

July 2, 2020