The U.S. Senate recently passed a major new trade deal in a move that is spurring optimism throughout the trucking industry.
January 23, 2020GovernmentBusiness
Trump, Automakers Face New Pressure Not to Ease Mileage Rules
Environmentalists and consumer advocacy groups are castigating automakers for supporting the Trump administration’s effort to relax fuel economy standards, amid fresh warnings from a Democratic leader that the plan won’t deliver promised safety benefits and will raise costs for consumers.
January 23, 2020GovernmentBusinessTechnologySafetyFuel
Democrats Urge Extension of Public Comment Period on NEPA Update
The Trump administration’s proposal to streamline the environmental permitting process for infrastructure projects deserves a comment period of at least half a year, more than 100 congressional Democrats insisted in a recent letter to the Council on Environmental Quality.
January 23, 2020GovernmentBusinessTechnology
Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers
Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.
January 23, 2020GovernmentBusiness
GM to Spend $3.5B in Michigan Under Revised Tax Credit Deal
Michigan on Jan. 22 agreed to revise decadelong tax breaks for General Motors in exchange for the company’s commitment to spend at least $3.5 billion more over 10 years.
January 23, 2020GovernmentBusiness
Mike Bloomberg Releases Infrastructure Plan
Mike Bloomberg is the latest presidential candidate to release an infrastructure investment plan.
January 23, 2020GovernmentBusinessLogistics
Port of L.A. Chief Gene Seroka Warns of Damage From Trade War
In his annual State of the Port address Jan. 16, Port of Los Angeles Executive Director Gene Seroka cautioned that using tariffs to punish rival trading partners may be “the new normal.â€
January 22, 2020GovernmentFuel
Analysis: Connecticut Transportation Account Has Gained $3.7 Billion From General Fund Since 2003
The Connecticut Office of Policy and Management released an analysis revealing that funding has been diverted from the General Fund to support the Special Transportation Fund in nearly every state budget since 2003.
January 22, 2020GovernmentBusinessPerspective
Perspective: An Unexpectedly Good Job Market
With labor market data for the 2010s behind us after the employment report released earlier this month, the big takeaway for the decade is that a much higher level of employment was possible without generating inflation.
January 22, 2020Government
Michael Bloomberg Proposes $1 Trillion Public Works Plan
Bloomberg hasn't yet said how he'll fund the plan, but the campaign said those details will be part of his forthcoming tax plan.
January 22, 2020