Transportation Compliance News

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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.

GovernmentBusinessFuel

EPA’s National NOx Proposal Headed for Another Delay

There is mounting evidence that the U.S. Environmental Protection Agency’s low oxides of nitrogen proposed rule, already months behind schedule, will not be completed until after the November elections, according to trucking industry and environmental group sources.

July 30, 2020
GovernmentBusiness

US Economy Shrank at Record-Breaking 33% Rate Last Quarter

The U.S. economy shrank at a dizzying 32.9% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said July 30.

July 30, 2020
GovernmentBusinessSafety

House Lawmakers Examine FEMA’s Disaster Response Policies

The COVID-19 pandemic prompted several congressional transportation leaders to examine the Federal Emergency Management Agency’s ability to assist citizens during events that impede access to freight and passenger corridors.

July 30, 2020
GovernmentBusinessTechnologySafety

FBI Warns Truckers That Hackers Could Target ELD Data

The FBI issued a cautionary notice warning truckers that cyber criminals could target electronic logging device vulnerabilities as a means of seizing business information, but industry experts note that hackers have as yet not found a way to crack into ELD data.

July 30, 2020
GovernmentBusiness

Fed Sees Dim Economic Outlook as Virus Squeezes Economy

WASHINGTON — The Federal Reserve expressed concern July 29 that the viral outbreak will act as a drag on the economy and hiring in the coming months and said it plans to keep its benchmark short-term interest rate pegged near zero.

July 29, 2020
GovernmentBusinessFuel

US Energy Use Hit 30-Year Low in Pandemic Shutdowns

BILLINGS, Mont. — U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation’s economy largely shut down because of the coronavirus, federal officials reported July 29.

July 29, 2020
GovernmentBusinessFuel

Oil Clings to Gains After US Supplies Shrink by Most This Year

Oil was propped up by the biggest decline in U.S. crude stockpiles this year, signaling a bright spot in a market weakened by the COVID-19 pandemic.

July 29, 2020
GovernmentBusiness

Trump Says Republicans, Democrats Far Apart in Stimulus Talks

President Donald Trump said that Republicans and Democrats aren’t close to resolving their differences over a coronavirus stimulus package, and that Congress may need to pass some stopgap measures to prevent aid from running out.

July 29, 2020
GovernmentBusinessLogisticsTCA

USPS Grapples With Financial Crisis as Mail Delays Continue

Earlier this month, local letter carriers were told to delay delivering mail in order to save money for the United States Postal Service, a direction that apparently came from top federal officials to mail carriers throughout the country.

July 29, 2020
GovernmentBusinessFuel

Gasoline’s Demand Rebound Fades at Height of US Driving Season

A sharp rebound in gasoline consumption that helped to drive oil prices higher appears to be running out of steam, a development that should be a cause for concern across the petroleum industry.

July 28, 2020