Back in early 2017, investing in companies involved in infrastructure projects seemed like a smart idea, given newly elected President Donald Trump’s enthusiasm for building roads, bridges and walls. That it was also a spot of rare bipartisan agreement only bolstered the argument.
April 9, 2020Search
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Small-Business Group Seeks Limited Relief From Surety Bond Requirement
Federal trucking regulators are seeking comments on a petition filed by the Small Business in Transportation Coalition asking for a five-year exemption from the $75,000 surety bond or trust fund requirement for small property brokers and freight forwarders.
April 9, 2020Airlines Squeezed by Delays in $29 Billion US Rescue Funds
U.S. airlines’ desperate bid for $29 billion in government rescue cash is being frustrated by a lengthening process and demands that companies provide more detailed financial information, people familiar with the situation said.
April 9, 2020Experts Stress Partnerships as COVID-19 Disrupts Supply Chain
Transportation agencies and planners should rely on communication and partnerships as they respond to immediate needs and assess long-term effects associated with the coronavirus, according to an expert.
April 9, 2020House Transportation Leaders Oppose Jones Act Waiver
The transportation policy leadership at the U.S. House of Representatives recently expressed opposition to waiving the Jones Act amid the coronavirus pandemic.
April 9, 2020Arizona DOT Reopens Shuttered Rest Stops for Truckers
The Arizona Department of Transportation has temporarily reopened two rest areas to support truckers who are hauling supplies during the coronavirus pandemic.
April 9, 202016.8 Million Americans Unemployed as Economic Toll of COVID-19 Rises
The coronavirus outbreak has thrown at least 16.8 million Americans onto the unemployment rolls in just three weeks, underscoring the terrifying speed with which the crisis has brought world economies to a near standstill.
April 9, 2020FMCSA Extends HOS Emergency Declaration Through May 15
The Federal Motor Carrier Safety Administration has extended and expanded its emergency declaration providing regulatory relief to truck drivers who are transporting emergency supplies during the coronavirus outbreak.
April 9, 2020Trump Touts Infrastructure Plan as Congress Eyes Expanded Aid
Proposals that would help the transportation sector work through the coronavirus pandemic are coming from the highest levels of government. President Donald Trump is pressing support for large investments in infrastructure funded through no-interest loans, and congressional leaders are calling for major pay increases for workers — including truck drivers — who are on the front lines of the nation’s battle against the virus.
April 8, 2020Coronavirus Changing How World Feeds Itself
The coronavirus pandemic is short-circuiting the intricate network of producers and suppliers needed to power the global food system.
April 8, 2020