Filings for U.S. unemployment benefits increased by more than expected to a seven-week high, a possible sign of strains in the labor market that could factor into the Federal Reserve’s debate over whether to cut interest rates next month.
June 27, 2019Transportation 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.
Oil Reaches 5-Week High on Biggest Drop in Stockpiles Since 2016
Oil rose to a five-week high as a huge drop in U.S. crude inventories bolstered the outlook for demand. Futures in New York climbed 2.7% June 26 after the U.S. Energy Information Administration said domestic stockpiles fell by 12.8 million barrels last week.
June 26, 2019Philadelphia Refinery Wrecked by Fire Set to Close
The biggest refinery on the East Coast will shut down, after a massive explosion and fire crippled operations at a site that has helped fuel the region for 153 years.
June 26, 2019Fiscal 2020 Transportation Funding Bill Advances in US House
Funding for highway safety programs and grants for infrastructure projects nationwide advanced in the U.S. House of Representatives on June 25.
June 26, 2019Bill Wehrum Departing EPA in Wake of Ethics Allegations
A high-level U.S. Environmental Protection Agency official with responsibility for trucking policy on glider trucks, nitrogen oxide emissions and the Phase 2 Greenhouse Gas rule for heavy trucks is leaving the agency amid allegations that he violated federal government ethics rules.
June 26, 2019Federal Drug Officials Weigh Whether to Add Testing for Fentanyl
For the second time in about four years, Congress has asked drug agencies if federal workers, including truck drivers, should be tested for fentanyl, which is used legally for pain and illegally for its high.
June 26, 2019Trump Vows More Tariffs if No Progress Is Made on Trade Deal
President Donald Trump said substantial additional U.S. tariffs would be placed on goods from China if no progress on a trade deal is made after his meeting with Chinese counterpart Xi Jinping at the G-20 Summit in Japan.
June 26, 2019Surging Corn Prices Put US Wheat Back in the Feed Trough
A looming shortfall in U.S. corn production after a historical spat of wet weather means wheat is back on the menu at cattle feedlots in the southern Plains.
June 26, 2019Business-Equipment Orders Post Best Gain in Four Months
Orders with U.S. factories for business equipment rebounded in May with the largest increase in four months, signaling corporate investment is holding up despite tensions with major trading partners fueling uncertainty about the outlook.
June 26, 2019As Marijuana-Use Laws Spread, Drug Still Illegal for Truck Drivers
Last month, drug-testing firm Quest Diagnostics scientist Barry Sample had a serious warning for U.S. employers: Be on the lookout for marijuana use by your workers. It’s on the rise.
June 25, 2019Trending
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