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Fed Economists Say Tariffs More Likely to Kill Than Create Jobs

U.S. President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, or at least protect existing ones. Researchers at the Federal Reserve Bank of New York said the opposite outcome was more likely.

April 19, 2018

CARB Expected to OK Tougher Smoke Opacity Limits in May

California environmental regulators are scheduled next month to consider changes that would toughen state standards on smoke opacity as well as require motor carriers with two or more trucks to report to the agency the results from an annual smoke self-test.

April 19, 2018

Ex-Trooper Sentenced in Dallas Trucking Company Inspection Fraud

A former Texas Department of Public Safety sergeant was sentenced to 15 months in federal prison April 16 for accepting bribes from a Dallas trucking company in exchange for top-level inspection decals.

April 19, 2018

Experts Recommend Composite Materials to Fulfill Infrastructure Needs

Using composite materials in construction could help offset the country’s multi-trillion dollar infrastructure deficit, according to various engineering experts who testified April 18 before a House subcommittee on research and technology.

April 19, 2018

FHWA Offers $60 Million in Transportation Technology Grants

The Federal Highway Administration has made $60 million in grant money available for states and cities that are leading transportation-related technology projects.

April 18, 2018

Corn Belt Senators Ask EPA to Stop Issuing Waivers Exempting Refineries From Biofuel Laws

Thirteen Corn Belt senators, led by Minnesota Democrat Amy Klobuchar and Iowa Republican Chuck Grassley, have petitioned the U.S. Environmental Protection Agency to stop issuing waivers that exempt certain oil refineries from federal biofuel laws.

April 18, 2018

Fed Says Tariff Concerns Cloud Otherwise Solid Growth Outlook

New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve’s most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating.

April 18, 2018

China’s $1 Billion Port With Almost No Container Traffic

Each year, about 60,000 ships vital to the global economy sail through the Indian Ocean past a Chinese-operated port on the southern tip of Sri Lanka. Few stop to unload cargo.

April 18, 2018

Soon-to-Be New York Fed Chief John Williams Sees Little Risk in Rate Hikes

John Williams, who will take the helm of the Federal Reserve Bank of New York in June, played down risks the yield curve would become inverted as the U.S. central bank gradually raises interest rates.

April 18, 2018

New Hampshire Self-Driving Vehicle Legislation Faces Speed Bumps

A bill that would allow companies to road-test self-driving vehicles in New Hampshire may be facing some speed bumps.

April 18, 2018