Companies added fewer workers to U.S. payrolls in February after a burst of hiring in the prior month that was stronger than previously reported, signaling that the labor market continues to underpin what may become the longest economic expansion on record this year.
March 6, 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.
Tesla Probably Can’t Make Money in China, Morgan Stanley Says
Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value.
March 6, 2019Trade Gap of $621 Billion in 2018 Marked Highest in Decade
The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports.
March 6, 2019Legal Status for Transport of Hemp Remains Confusing
The 9th U.S. Circuit Court of Appeals has agreed to hear a legal challenge to the arrest of an Oregon truck driver and seizure of a 6,700-pound load of hemp being transported through Idaho.
March 6, 2019Senate Commerce Panel Chief Roger Wicker Critical of Green New Deal
Add Sen. Roger Wicker to the list of senior Republicans coming out against Democrats’ ambitious progressive environmental policy manifesto referred to as the Green New Deal.
March 5, 2019Maryland, CSX Apply Again for Federal Funding for Baltimore Tunnel Project
Maryland and CSX Transportation have submitted another application for federal money to heighten the Howard Street Tunnel in Baltimore so it can fit shipping containers stacked two high on freight trains — a project long sought by the Port of Baltimore, officials announced March 4.
March 5, 2019Trump Plans to End Key Trade Preferences for India, Turkey
President Donald Trump announced plans to end key trade preferences for India and Turkey, in the latest move by the United States to counter what it calls unfair trade practices.
March 5, 2019Improving Infrastructure Can Cut Fuel Costs, Aid Environment, ATRI Study Finds
Just 12% of the nation’s interstate road system is causing 89% of the trucking industry’s congestion problems, and repairs to the key choke points that cause delays could reap benefits in fuel consumption and emissions reductions, the American Transportation Research Institute said.
March 5, 2019JPMorgan Chase: Tax Refunds Often Reset Consumers’ Finances
Refunds have averaged $3,602, and amount to the biggest incoming cash flow day of the year for 29% of recipients, according to the institute’s study of bank and credit card customer data from 2015-17, before the 2017 Republican tax law took effect.
March 5, 2019US Indefinitely Delays Increased Tariffs on Chinese Goods
The United States has confirmed the country is postponing “until further notice” a scheduled tariff increase on Chinese goods, the latest sign that the world’s two largest economies could be headed toward a de-escalation of their trade dispute.
March 5, 2019Trending
Newsletter Signup
Subscribe to Transport Topics
