Municipal-bond investors are scouring for pockets of the $3.9 trillion market that are a haven from the coronavirus and its recession. Turns out toll roads may be a safe bet.
July 23, 2020Transportation 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.
Transportation Funding Bill Set for US House Floor Consideration
Legislation that would fund operations at the U.S. Department of Transportation and its agencies will be considered on the floor of the U.S. House of Representatives before the end of July.
July 23, 2020Mnuchin Says Payroll Tax Holiday Not in Next Stimulus Bill
A payroll tax holiday sought by President Donald Trump won’t be in the next stimulus package, but may be in follow-up virus relief legislation, Treasury Secretary Steven Mnuchin said.
July 23, 20201.4 Million Seek Jobless Aid, First Increase Since March
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
July 23, 2020Fiat Chrysler, Iveco Offices Searched in Emissions Probe
FRANKFURT, Germany — Investigators searched offices of automaker Fiat Chrysler and truck maker Iveco in Germany, Switzerland and Italy on July 22 as part of an investigation into suspected illegal manipulation of diesel emissions.
July 22, 2020Pennsylvania Turnpike Commission Approves Another Toll Hike
In keeping with a decadeslong pattern, the Pennsylvania Turnpike Commission has approved a toll rate increase for 2021.
July 22, 2020Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns
Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.
July 22, 2020DOD Re-Awards $7.2 Billion Household Goods Moving Contract
The Department of Defense has re-awarded a $7.2 billion household goods moving contract just two weeks after it had pledged to take corrective action on the contested award by two competitors.
July 22, 2020US Sales of Existing ºÚÁϳԹÏÍøs Jump 20% After 3-Month Slump
Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale.
July 22, 2020Tesla Slashes Deposit for China Customers to Just $143
Tesla Inc. lowered the deposit that buyers in China have to put down on its cars, seeking to keep sales momentum in the face of intensifying competition and reductions in the government’s electric-vehicle subsidies.
July 22, 2020Trending
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