FedEx Corp. said Chairman and CEO Fred Smith is taking a salary cut, effective April 1, from $115,402 per month to $10,728 per month through Sept. 30.
April 7, 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.
Ship Crews Stuck in Lockdown Strain Global Supply Chains
Port restrictions and canceled flights are straining the ability to replace seafarers on board ships, further weakening global supply chains already snarled by the coronavirus pandemic.
April 7, 2020Stakeholders Tell Congress, Governors: CDLs, Permits Need to Be Processed
To avert a potential truck driver shortage during the coronavirus emergency, a coalition of large businesses and trade groups has urged Congress and the nation’s governors to implement procedures that would allow new drivers to more quickly obtain commercial learner permits and commercial driver licenses.
April 7, 2020GAO’s Recommendations on NTSB’s ‘Most Wanted List’ Prompt Action
The head of the National Transportation Safety Board agreed more transparency would improve the public’s understanding of a high-profile report after a federal watchdog recommended better access to its methodology.
April 7, 2020Congress, White House Reach High for Next Virus Bill
Congressional leaders are jolting ahead with another coronavirus rescue package as President Donald Trump indicated that Americans will need more aid during the stark pandemic and economic shutdown.
April 7, 2020Low-Cost Airlines Seeking Aid Get Break on Minimum-Flight Rule
The federal government ordered airlines accepting financial aid to maintain minimal service levels to cities they served before the COVID-19 pandemic ravaged the transportation system, but made adjustments for low-cost carriers and those that fly to some destinations only part of the year.
April 7, 2020Tesla’s Ventilator Production in New York Has Yet to Begin
Elon Musk promised nearly two weeks ago that the Tesla factory in Buffalo, N.Y., would reopen for ventilator production to help with the coronavirus pandemic. But it still hasn’t happened yet.
April 7, 2020World’s Biggest Lockdown Brings Trucks to a Standstill in India
The world’s biggest lockdown has brought transportation of goods in India to a near halt, even though the federal government has exempted the sector from restrictions to halt the spread of coronavirus.
April 7, 2020Diesel Falls 3.8¢ to $2.548 a Gallon; Gas Is Below $2
The nationwide average retail price of diesel fuel declined by almost 4 cents per gallon on April 6, knocking trucking’s main fuel more than 50 cents lower than the same time a year ago.
April 6, 2020Speaker Pelosi’s Very Real, Very Brief ‘Infrastructure Week’
While President Trump last week insisted that $2 trillion in infrastructure could re-energize the country’s economy, Speaker of the House Nancy Pelosi pointed to the Democrats' five-year, $760 billion plan. Something could be in the works. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
April 6, 2020Trending
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