President Donald Trump will propose spending $200 billion in federal funds over 10 years to spur investment in the nation’s infrastructure, a senior Office of Management and Budget official said.
May 22, 2017Government
Investment, Hiring Plans Show Rising US Business Optimism
A jump in U.S. investment and hiring plans for 2017 indicates manufacturers and service providers have grown more optimistic about the economy since late last year, the Institute for Supply Management’s twice-yearly forecast showed May 22.
May 22, 2017Government
FMCSA Again Delays Effective Date of Entry-Level Driver Training Rule
For the third time, the effective date for an entry-level driver training rule for truck drivers has been delayed, this time until June 5.
May 22, 2017GovernmentBusiness
Congressional Leaders Vow Action on Infrastructure
WASHINGTON — Legislation that would ensure long-term funding for infrastructure projects nationwide will make its way through the transportation committees in the House and Senate, the chairmen of those panels announced last week.
May 22, 2017GovernmentBusinessFuel
Editorial: The Cost of Waiting Is Going Up
Traffic congestion is getting worse, and so is the logjam on Capitol Hill as the Trump administration and congressional leaders struggle to come up with a viable program to fund the nation’s infrastructure.
May 22, 2017GovernmentBusiness
Infrastructure Plan, FASTLANE Grants to Be Announced Soon, Chao Says
WASHINGTON — Details of a long-term infrastructure plan and the recipients of additional funding for freight projects will be announced soon, Transportation Secretary Elaine Chao told a Senate panel May 17.
May 22, 2017GovernmentBusiness
Donohue Hopes Infrastructure Bill Spurs Economy While Fixing Roads
WASHINGTON — U.S. Chamber of Commerce President Thomas Donohue says the Trump administration’s $1 trillion infrastructure bill should attempt to mitigate highway bottlenecks, promote long-term economic growth and update regulations to make private investment more attractive.
May 22, 2017GovernmentBusiness
Stakeholders Pessimistic About Quick Action From Capitol Hill on Highway Funding Bill
WASHINGTON — Little optimism was heard from podiums and audiences at Infrastructure Week events last week that Congress will pass President Donald Trump’s planned $1 trillion infrastructure funding bill soon, or that the federal government will be looking to public- private partnerships to plug a gaping hole in the Highway Trust Fund.
May 22, 2017GovernmentBusinessTechnology
Replay: LiveOnWeb Infrastructure Week Reporter Roundtable
As Infrastructure Week wraps up, TT Congressional Reporter Eugene Mulero was joined by three Capitol Hill watchers to assess what was accomplished in a special Reporter Roundtable edition of LiveOnWeb. Watch the replay.
May 19, 2017GovernmentBusinessLogistics
Kansas City Southern Invests Money to Improve Railroad Tracks
Kansas City Southern announced a $24.6 million investment to replace cross ties and improve crossings on the railway track between Neosho, Mo., and Blanchard, La.
May 19, 2017