The Central States Pension Fund has decided not to submit a new rescue plan to avert future insolvency, leaving the question of funding future pensions for its Teamster members in the lap of Congress.
May 20, 2016Search
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Infrastructure Permitting Project Delays Driving Up Costs, Experts Say
WASHINGTON — Infrastructure projects in the United States are taking up to 10 years to gain regulatory approval, a problem that is too often sending investors to other countries and driving up the costs of projects, several transportation experts said.
May 19, 2016FedEx Founder Fred Smith Believes Twin 33s Will Win Approval
WASHINGTON — Fred Smith, founder and chairman of FedEx Corp., said he believes nationwide use of 33-foot twin trailers can gain approval during the next presidential administration.
May 19, 2016Senate OKs Fiscal ’17 Transportation Funding Bill With Trucking Provision
The Senate on May 19 voted 89-8 to pass a $56 billion transportation funding bill with a provision that would cap at 73 the allowable hours per week truckers could work before being required to take a rest break.
May 19, 2016Expert Predicts Taxes, Fees on Trucks Will Account for More of Highway Trust Fund
WASHINGTON — A higher percentage of federal Highway Trust Fund dollars will come from diesel fuel taxes and other fees on trucks as future government rules require ever-better gas mileage for passenger cars. That was the message from Joung Lee of the American Association of State Highway and Transportation Officials during an Infrastructure Week session on May 19.
May 19, 2016Panel Approves Transportation Funding Bill with HOS Provision
A House subcommittee on May 18 easily approved a fiscal 2017 transportation funding bill that would extend the prohibition on the 2013 changes to the 34-hour, hours-of-service rule for truckers.
May 18, 2016White House Unveils New Overtime Rule
The White House on May 18 unveiled a rule that raises the overtime pay exemption threshold nationwide, a move many businesses and industries have criticized.
May 18, 2016Puerto Rico Halts Toll-Road Revenue Transfer to Save Cash
Puerto Rico Gov. Alejandro Garcia Padilla declared a state of emergency for the island’s Highways and Transportation Authority, suspending the transfer of toll-road revenue to bondholders and imposing a stay on legal claims.
May 18, 2016Eno's Jeff Davis Joins Capitol Agenda for the Week of May 17, 2016
Jeff Davis, senior fellow at the Eno Center for Transportation, joins TT's Eugene Mulero to talk transportation funding and the FAST Act during Infrastructure Week. More at bit.ly/TTCA0516
May 17, 2016White House Threatens to Veto Senate Transportation Funding Bill
The Obama administration on May 16 indicated it would veto a fiscal 2017 transportation funding bill in the Senate if the bill’s final version includes provisions that go beyond the scope of funding legislation. A provision in the bill would set at 73 hours the allowable hours per week truckers may work before taking a break.
May 17, 2016