Senate Finance Chairman Orrin Hatch (R-Utah) on June 18 said he thought it would be difficult for Congress to pass an increase to fuel taxes to pay for new infrastructure projects, but he pledged to fix the funding woes affecting the country’s transportation network.
June 18, 2015BusinessFuelGovernment
Diesel Falls 1.4¢ to $2.87; Gas Jumps 5.5¢
The U.S. average diesel price fell 1.4 cents a gallon last week to $2.87, the third straight decline, the Department of Energy reported.
June 22, 2015GovernmentBusiness
Senate to Mark Up Fiscal 2016 Transportation Funding Bill June 23
A Senate subcommittee on June 23 is scheduled to mark up a fiscal 2016 transportation spending bill that would provide funding for the nation’s top trucking regulator and an infrastructure grants program.
June 19, 2015GovernmentBusiness
House Passes Free Trade Legislation; Trucking Sees Economic Boost
The House approved a bill intended to speed free trade deals, legislation that is backed by business groups and the Obama administration.
June 18, 2015GovernmentBusiness
FMCSA Grants Meal-Break Exemption to Oversize, Overweight and Bee Haulers
The Federal Motor Carrier Safety Administration has granted bee haulers and specialized carriers and drivers carrying oversize and overweight vehicles two-year exemptions from the agency’s 30-minute rest-break mandate.
June 18, 2015Government
Cost-of-Living Increases Less Than Forecast in May
The cost of living in the United States excluding food and fuel rose less than forecast in May, a sign inflation may take time to meet the Federal Reserve’s goal.
June 18, 2015GovernmentBusinessSafety
West Coast Ports Report Higher Cargo Volumes in May
Three West Coast ports have reported higher cargo volumes in May compared with a year earlier.
June 17, 2015GovernmentFuelBusinessSafety
ATA's Graves: Fuel Tax ‘Viable Revenue Source’ for Trust Fund
WASHINGTON — American Trucking Associations President Bill Graves told House lawmakers June 17 increasing fuel taxes would ensure investments for highway programs are met for the next several years.
June 17, 2015Government
FMCSA Proposes Rule Mandating Display of CMV Safety Labels
The Federal Motor Carrier Safety Administration on June 17 issued a proposed rule that would require all U.S.-domiciled motor carriers engaged in interstate commerce to use only commercial motor vehicles that display a certification label indicating the vehicles satisfy Federal Motor Vehicle Safety Standards.
June 17, 2015GovernmentBusiness
Obama’s Fast-Track Trade Bill Set for New Vote in House
The House plans to vote June 18 on a bill to revive President Obama’s fast-track trade proposal, members were told June 17.
June 17, 2015